
Fairfield, CA 94533
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $344,849 Fair Market Value by -15%. While the home carries a Condition Rating of 5, the expansive 6,969 sq ft lot provides significant upside for ADU development or expansion. This asset requires a comprehensive renovation, making it a strategic acquisition for Fix-and-Flip Investors or Contractors. Its proximity to Armijo High School and commuter routes ensures long-term demand for this value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 712 Maryland Street Subject | $399,000* List Price | 2 | 1 | 808 | $427 | - |
A 1037 Tyler Street Sold | $359,000 List Price | 2 | 1 | 768 | 0.4 mi | |
B 1419 Eisenhower Street Sold | $340,000 | 3 | 1 | 923 | $368 | 0.8 mi |
C 201 Madison Street Sold | $460,000 | 2 | 1 | 877 | $525 | 0.7 mi |
D 906 Taft St Sold | $363,000 | 3 | 1 | 985 | $369 | 0.7 mi |
E 1318 Cleveland Street Sold | $440,000 | 3 | 2 | 1,120 | $393 | 0.8 mi |
F 249 E Tennessee St Pending | $450,000 List Price | 3 | 1 | 985 | $457 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and in original condition, this property is over 70 years old with no recorded renovations. The kitchen features dated tile and cabinetry, and the listing explicitly states it requires significant repairs and updating, making it a major rehab project for cash buyers or investors.
The generous 6,969 sq ft lot offers significant space for future development, expansion, or the addition of an ADU, providing rare flexibility and long-term value in this price range.
Priced competitively under $400,000, this property presents a prime opportunity for investors or contractors to build substantial equity through modernization and strategic renovations.
The inclusion of both a 1-car garage and a detached storage building provides excellent utility for workshop space, storage, or potential conversion to habitable square footage.
The home remains in its original 1950 condition and requires significant repairs and updating throughout, necessitating a substantial additional investment beyond the purchase price.
Due to the 'as-is' condition and required repairs, the property is primarily restricted to cash buyers or investors, likely disqualifying buyers seeking traditional FHA or conventional financing.
Built in 1950, this 2-bedroom, 1-bath home (approx. 808 sq ft) sits on a large, usable 6,969 sq ft lot, offering excellent potential for improvement, expansion, or future development (buyer to verify with City). The property includes a 1-car garage and a detached storage building, providing additional space for workshop use, storage, or possible conversion. The home features a living room, kitchen, two bedrooms, and one bathroom, with laundry located in the garage. The property is in original condition and will require repairs and updating. Due to condition, this home is best suited for cash buyers, investors, or contractors looking for a value-add opportunity. The generous lot size creates the possibility for gardening, outdoor living space, expansion, or potential ADU (buyer to verify), making this a great project property for someone looking to build equity. Large lots like this are becoming harder to find in this price range. Convenient Solano County location with commuter access. Property to be sold as-is. Strong investment opportunity with upside potential.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 5% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 808 | 1,679 | 1% |
| Lot Size | 6,970 | 6,516.5 | 61% |
| Price | $399.0K | $532.8K | 15% |
| Price per sq ft | $494 | $308 | 96% |
| Built year | 1950 | 1975 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 81 | 218 | 1% |
May 14, 2026
$399,000
$425,000
-6% Price Drop
Initial Listing
Mar 18, 2026
$425,000
Initial Listing