55 61 Park Road, Fairfax, CA 94930, Fairfax, 94930 - 3 bed, 4 bath
Loading property details...
Fairfax, CA 94930
This Versatile Five-Unit Residential Compound is listed at $2,500,000, aligning perfectly with its $2,500,000 Fair Market Value. Featuring a sprawling 20,700 sq. ft. lot just one block from vibrant Downtown Fairfax, the property offers a rare blend of lifestyle and income. With a Good Condition Rating, the units are move-in ready, highlighted by a 3BD/2BA owner's residence with wide-plank oak floors and multiple private decks and patios. This high-utilization asset provides exceptional rental potential or a multi-generational retreat. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated house-hacking opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 55 61 Park Road Subject | $2,500,000* List Price | 3 | 4 | 4,716 | $530 | - |
A 47 Mountain View Road Sold | $2,100,000 | 4 | 4 | 3,715 | $565 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1938, the property is move-in ready and shows evidence of significant updates. The main residence features a modern updated kitchen with skylights and high-quality wide-plank oak flooring. The additional units are well-maintained with hardwood floors and classic period details. The overall condition across the five-unit compound suggests consistent maintenance and selective renovations within the 5-15 year range, meeting the criteria for 'good' condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20700, living area = 4716.
The property features a rare five-unit compound including three detached houses and a duplex, offering exceptional rental income potential or a flexible multi-generational living arrangement.
Situated just one block from vibrant Downtown Fairfax, the property provides residents with immediate access to local shops, dining, and entertainment, significantly boosting its desirability.
With five separate structures dating back to 1938, the property likely requires substantial ongoing maintenance and potential capital improvements to aging systems.
Managing a multi-unit compound with diverse layouts and multiple tenants requires more intensive oversight and administrative effort than a standard residential investment.
Just one block from vibrant Downtown Fairfax, 55-61 Park Road offers a rare opportunity to own a versatile five-unit compound on a sprawling 20,000+ sq. ft. lot. Ideal for investors or those seeking a multi-home retreat, this unique property includes three detached houses and a duplex, each with distinct character and income potential. An ideal owner's residence, #57, features 3BD/2BA, wide-plank oak floors, a spacious living room with fireplace, updated kitchen with skylight, dining area opening to a covered deck and an additional room. #55 is a 2BD/1.25BA charmer with hardwood floors, built-ins, fireplace, and classic period detail. The duplex at #61 includes a 2BD/1BA lower unit with private deck and a sunlit 3BD/1.5BA upper unit with covered deck and carport. A 1BD/1BA cottage with loft and garden patio completes the ensemble. With ample parking, inviting outdoor spaces, and flexible layouts, this exceptional property balances lifestyle and investment possibilities live in one, rent the rest, or create your own Fairfax compound.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 89% |
| Square foot | 4,716 | 1,740 | 95% |
| Lot Size | 20,700 | 6,861 | 89% |
| Price | $2.50M | $1.04M | 89% |
| Price per sq ft | $530 | $657 | 37% |
| Built year | 1938 | 1956 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 213 | 203 | 58% |
Oct 22, 2025
$2,500,000
Initial Listing