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Listed by Brian Sanchez • Keller Williams Studio City
$921,973
Est. payment /mo
6,300 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 01-41132577
Year Built 1963
Lot Size 6,300 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
AiCRE Partners is pleased to present a prime investment opportunity portfolio of three well-maintained fourplexes located at 1712, 1713, and 1718 Fillmore Street in Fairfield, California. This collection offers a rare opportunity to acquire 12 total units within a stable, high-demand rental market. Each property consists of four spacious 2-bedroom, 1-bathroom units, specifically designed to attract long-term tenants and maintain low vacancy rates. The portfolio has undergone significant capital improvements, ensuring reduced immediate maintenance costs and enhanced "turn-key" appeal for a new owner. Extensive interior renovations have been performed across the portfolio, including the installation of newer stoves and A/C units to modernize the living spaces. The buildings feature fresh exterior paint and newer windows, contributing to a clean, updated aesthetic that stands out in the neighborhood. Each property also includes on-site laundry facilities, providing tenants with added convenience while generating supplemental income for ownership. Fairfield does not currently have local rent control ordinances. While the properties remain subject to California State Rent Control (AB 1482), the lack of more restrictive local caps allows for greater flexibility in management and market
Location
State CA
County Solano
Interior
Heating Wall Furnace
Flooring Carpet
Exterior
Parking Features Street, Carport, Covered
Building
Lot Description Yard
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900