9160 Madison Ave. 21, Fair Oaks, CA 95628, Fair Oaks, 95628 - 1 bed, 1 bath
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Fair Oaks, CA 95628
This Condominium presents a High-Potential Investment Opportunity with a List Price of $235,000—positioned slightly above the $231,762 Fair Market Value. While the unit requires modernization due to its Condition Rating of 4, it offers immediate lifestyle value through its ground-floor access, covered patio, and community amenities like a pool and tennis courts. Located near Bella Vista High School, this property is a stable asset for Buy-and-Hold Investors or first-time buyers seeking an affordable entry point into the Fair Oaks market.
Property is moderate renovation needed.
Built in 1980, this unit is functional and clean but remains largely dated with original-style oak cabinetry, laminate countertops, and popcorn ceilings. While it features some recent cosmetic improvements like newer laminate flooring and a stainless dishwasher, the primary systems and finishes are over 20 years old and require modernization to meet current market standards.
Priced at $235,000, this property offers a highly affordable entry point into the Fair Oaks market, making it an ideal choice for first-time homebuyers or those looking to downsize.
The association provides a robust suite of amenities, including a pool, tennis courts, and an exercise facility, offering significant lifestyle value that is rare at this price point.
The unit features easy ground-floor access and a private covered patio overlooking a serene green belt, providing a sense of privacy and a connection to nature.
With only one bedroom and 746 square feet, the property's footprint is quite compact, which may limit its appeal to larger households or those requiring a dedicated home office.
Built in 1980, the unit may require modernization of its original systems and finishes to meet the expectations of contemporary buyers looking for energy efficiency and modern aesthetics.
This is a clean and affordable Fair Oaks condo with great amenities including a pool, tennis courts, exercise facility and more. This one bedroom unit is on the ground floor with easy access and a covered patio overlooking a green belt. A perfect starter home or a retirement home. Seller agrees to provide Buyer with a credit at closing in the amount of $2,000.00 to be applied toward Buyer's recurring and non-recurring closing costs, prepaids, rate buydowns, and any other lender-approved fees.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 4.8 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 43% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 746 | 994 | 29% |
| Lot Size | - | - | 50% |
| Price | $235.0K | $270.0K | 29% |
| Price per sq ft | $315 | $312 | 57% |
| Built year | 1980 | 1980 | 50% |
| HOA | $286 | $465 | 29% |
| Days on market | 14 | 187 | 14% |
May 23, 2026
$235,000
Initial Listing
Mar 31, 2011
$38,000
Public Record
Aug 30, 2006
$160,000
Public Record