
Fair Oaks, CA 95628
This High-Potential Investment Opportunity is listed at $269,900, positioned slightly above the $269,030 Fair Market Value. This turnkey condominium features a Condition Rating of 2, boasting a remodeled kitchen with granite countertops, updated HVAC, and modern laminate flooring. With established, reliable tenants already in place, this property offers immediate rental income and minimal vacancy risk. Located in a secure, gated community with resort-style amenities including a pool and tennis courts, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5333 Primrose Drive 38B Subject | $249,900* List Price | 2 | 1 | 960 | $276 | - |
A 4839 Vir Mar Street 2 Sold | $205,000 | 1 | 1 | 808 | $254 | 0.8 mi |
B 5333 Primrose 7A Active | $267,000 List Price | 2 | 1 | 960 | $278 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a comprehensive recent renovation (likely <5 years) including an updated kitchen with granite countertops and stainless appliances, a remodeled bathroom, and new laminate flooring. Critical systems including the HVAC and water heater are also recently updated, placing it in mint, move-in condition.
The property features extensive recent upgrades including a remodeled kitchen with granite countertops, updated HVAC, a newer water heater, and modern laminate flooring throughout.
Located in a secure gated community, residents enjoy access to resort-style facilities such as multiple swimming pools, tennis courts, a clubhouse, and professionally landscaped grounds.
The presence of exceptional long-term tenants who wish to remain makes this an ideal turnkey investment opportunity with immediate rental income and minimal initial vacancy risk.
The association fee of $580 per month is relatively high for the price point, which may strain the debt-to-income ratio for some buyers and impact overall cash flow.
The assigned middle and high schools carry lower performance ratings (3/10), which could be a drawback for families prioritizing long-term educational quality.
Beautifully Updated 2-Bedroom Condo in Gated Fair Oaks Community. Whether you're looking for an excellent investment opportunity or a move-in-ready home, this property is an outstanding choice. The current tenants are exceptional and would love to stay, making it ideal for investors. Step inside to discover a bright, open floor plan filled with natural light. The updated kitchen features granite countertops, stainless steel appliances, a built-in microwave, and ample cabinet space. Modern laminate flooring extends throughout the living room, hallways, and bedrooms, complemented by fresh interior paint. The spacious living room boasts vaulted ceilings and a cozy fireplace, creating the perfect place to relax. The remodeled bathroom includes a newer vanity, tile flooring, and a tiled tub/shower surround. The primary bedroom offers a walk-in closet and private balcony overlooking the beautifully maintained common area. Additional features include: Inside laundry area Updated HVAC system Newer water heater Smoke detectors and carbon monoxide detector Assigned parking Enjoy resort-style amenities in this quiet, sought-after community, including: Gated entry, Swimming pools, Clubhouse, Tennis courts, Beautifully landscaped grounds. Conveniently located just minutes from Northridge Country Club, Trader Joe's, shopping, restaurants, parks, and major commuter routes. Don't miss this fantastic opportunity to own a beautifully updated condo in one of Fair Oaks' most desirable gated communities!
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades K-8 • 0.4 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 960 | - |
| Lot Size | 4 | - |
| Price | $249.9K | $237.5K |
| Price per sq ft | $260 | $324 |
| Built year | 1979 | 0 |
| HOA | $580 | $0 |
| Days on market | 27 | 48 |
Jul 11, 2026
$249,900
$269,900
-7% Price Drop
Initial Listing
Jun 25, 2026
$269,900
Initial Listing
Oct 16, 2023
$265,000
Public Record
Jan 13, 2021
$215,000
Public Record
Oct 9, 1998
$51,500
Public Record