945 Ohio Street, Fairfield, CA 94533, Fairfield, 94533 - 3 bed, 2 bath
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Fairfield, CA 94533
This Turnkey Multi-Unit Property represents a High-Potential Investment Opportunity, listed at $559,000—positioned well below the $577,835 Fair Market Value by 3%. This valuation gap offers $18,835 in Instant Equity. Featuring a Condition Rating of 2, the home includes a fully renovated ADU, new HVAC, and complete electrical/plumbing upgrades. This versatile asset is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 945 Ohio Street Subject | $559,000* List Price | 3 | 2 | 1,569 | $368 | - |
A 518 Empire Street Sold | $440,000 | 3 | 1 | 1,178 | $374 | 0.5 mi |
B 736 Nevada Street Sold | $575,000 | 4 | 2 | 1,874 | $307 | 0.7 mi |
C 1047 Ohio Street Sold | $475,000 | 3 | 2 | 1,270 | $374 | 0.1 mi |
D 935 Delaware St Sold | $475,000 | 2 | 1 | 1,420 | $335 | 0.2 mi |
E 343 Arizona Street Active | $564,999 List Price | 3 | 2 | 1,580 | $358 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1924 build date, the property has undergone a comprehensive recent renovation (likely <5 years) including a full electrical rewire, plumbing re-pipe, and new central HVAC. The interior features a modern kitchen with stone countertops, updated bathrooms, and new flooring throughout, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1569.
The inclusion of a renovated ADU on a spacious lot provides excellent flexibility for multi-generational living or the potential for supplemental rental income.
The property features a full electrical rewire, plumbing re-pipe, and new central HVAC, addressing the most costly maintenance concerns typically found in older homes.
Originally built in 1924, the property may still possess structural characteristics or foundation age that could concern buyers looking for newer construction.
At 1,569 square feet split between two units, the individual living spaces and bedrooms may feel compact for families requiring more interior volume.
Beautifully renovated property with an ADU and spacious lot, perfect for extended family living. Home offers central heat and air along with upgraded countertops, flooring, baseboards, doors, and fresh paint throughout. Both units have undergone extensive electrical and plumbing improvements, including full re-pipe and rewire work. Bathrooms have been tastefully remodeled with updated shower pans and bathtub. Wine cooler included.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,569 | 1,603 | 47% |
| Lot Size | 7,405 | 6,516.5 | 70% |
| Price | $559.0K | $525.5K | 58% |
| Price per sq ft | $356 | $317 | 68% |
| Built year | 1924 | 1974 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 215 | 1% |
May 17, 2026
$559,000
Initial Listing
Jan 21, 2025
$208,500
Public Record
Mar 26, 2024
$375,000
Public Record
Nov 21, 2017
$360,000
Public Record
Nov 18, 2009
$96,000
Public Record