Fairfield Multifamily Property with
1217 Dana Drive, Fairfield, CA 94533
Eight-unit multifamily property in Fairfield with ample parking and amenities.
Type:Multifamily
Property size:
6,536 SFPrice / SF:
$233/SF- Added:
- Jan 16, 2026
- Days on Market:
- 135
- Last Refresh:
- Mar 16 at 1:38 pm
Property Features for 1217 Dana Drive
General Information
- Standard status
- Active
- Size
- 6,536 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1987
Listing agent Dan McGue License #CA
Listing office Coldwell Banker Commercial NRT San Francisco
Listing date Jan 16, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial NRT San Francisco
HighLights
- Great Fairfield Location, close to Fairfield Transportation Center, approx. one hour northeast of San Francisco.
- Eight 2‑bed/1‑bath apartments in two buildings on a gated L‑shaped lot with lush landscaping.
- 14 Off‑street parking spaces: 8 carport spaces + 6 surface spaces.
- Separately metered for electricity and individual water heaters for each unit.
- Each unit features sizable bedrooms with ample closet space, eat‑in kitchens, and large living rooms with a deck or fenced patio.
- On‑site laundry room with coin‑operated washers and dryers.
Overview
Located in Fairfield, California, approximately one hour northeast of San Francisco, the property at 1217 Dana Dr. is an eight-unit multifamily property. The property consists of two buildings situated on a gated, L-shaped lot with landscaping. Each of the eight units features two bedrooms and one bathroom. The apartments include two bedrooms with closet space, eat-in kitchens, and living rooms, as well as either a deck or a fenced patio. On-site laundry facilities are available, equipped with two coin-operated washers and dryers, totaling four machines. There are fourteen parking spaces, including one carport space per unit, along with additional off-street parking for visitors. Each unit is separately metered for electricity and has individual water heaters. The property features central air conditioning and heating, dual-pane windows, and a gated entrance. The property has a 600 AMP electrical system. The property is in close proximity to the Fairfield Transportation Center. The building size is 6,536 square feet.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $200.0k | $30.60 |
| − Vacancy | −$9.4k | −$1.44 |
| EGI | $190.6k | $29.16 |
| − OpEx | −$85.8k | −$13.12 |
| NOI | $104.8k | $16.04 |
6,536 SF · lease $30.60/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.50M
$1.31M – $1.75M
NOI $104,831 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.66M
$2.33M – $3.10M
NOI $186,245 @ 7.0% cap · market cap 12.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Fairfield
- County
- Solano
- State
- California
- Longitude
- -122.048272
- Latitude
- 38.2601981
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Eight-unit multifamily property in Fairfield with ample parking and amenities.
Where is this apartment building located?
The property is located at 1217 Dana Drive Fairfield, CA.
What is the asking price?
The asking price for this property is $1,525,000.
What are key features of this property?
This property features: Great Fairfield Location, close to Fairfield Transportation Center, approx. one hour northeast of San Francisco.; Eight 2‑bed/1‑bath apartments in two buildings on a gated L‑shaped lot with lush landscaping.; 14 Off‑street parking spaces: **8 carport spaces + 6 surface spaces.**
