
Fairfield, CA 94533
This Value-Add Residential Asset is listed at $425,000, positioned above the $355,528 Fair Market Value. The property’s primary strength is its Development Potential, featuring a 6,970 sq ft lot with ADU potential. In original 1950s condition with a Condition Rating of 5, the home requires significant capital for essential repairs and modernization. Located near Armijo High School, Fairview Elementary, and Crystal Middle School, the site includes a detached storage building and garage. This is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 712 Maryland Street Subject | $425,000* List Price | 2 | 1 | 808 | $440 | - |
A 1037 Tyler Street Sold | $359,000 List Price | 2 | 1 | 768 | 0.4 mi | |
B 230 Empire Place Sold | $475,000 | 3 | 1 | 985 | $482 | 0.6 mi |
C 1419 Eisenhower Street Sold | $340,000 | 3 | 1 | 923 | $368 | 0.8 mi |
D 201 Madison Street Sold | $460,000 | 2 | 1 | 877 | $525 | 0.7 mi |
E 906 Taft St Sold | $363,000 | 3 | 1 | 985 | $369 | 0.7 mi |
F 1318 Cleveland Street Sold | $440,000 | 3 | 2 | 1,120 | $393 | 0.8 mi |
G 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.
The property is in its original 1950s condition and requires substantial repairs and rehabilitation. The listing explicitly states it is best suited for cash buyers or investors and is being sold as-is, indicating significant deferred maintenance and outdated systems that likely do not meet modern safety or traditional financing standards.
The generous 6,969 sq ft lot offers significant opportunity for expansion or the addition of an ADU, which is increasingly rare at this price point.
As a value-add property in original condition, it presents a strong opportunity for investors or contractors to build equity through strategic renovations.
The inclusion of a 1-car garage and a detached storage building provides valuable extra space for a workshop, storage, or potential conversion.
The home is in original 1950s condition and sold 'as-is,' requiring substantial capital investment for essential repairs and modern updates.
Due to the property's current condition, it is best suited for cash buyers or investors, likely disqualifying traditional FHA or VA 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 | 6% |
| Baths | 1.0 | 2.0 | 15% |
| Square foot | 808 | 1,617 | 1% |
| Lot Size | 6,970 | 6,098.4 | 63% |
| Price | $425.0K | $519.0K | 21% |
| Price per sq ft | $526 | $319 | 99% |
| Built year | 1950 | 1974 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 201 | 1% |
Mar 18, 2026
$425,000
Initial Listing