Fairfield Multifamily Property For
For Sale
$1,525,000
1217 Dana Drive, Fairfield, CA 94533
Eight-unit multifamily property in Fairfield, CA, near San Francisco.
Property Size6,536 SF
Lot Size14,941.00 Acres
Days on Market220
Property Features for 1217 Dana Drive
General Information
Standard status
Active
Size
6,536 SF
Total Parking Spaces
14
Lot size
14,941.00 Acres
Property subtype
Multifamily
Building Details
Building Size
6,536 SF
Year Built
1987
Units
8
Listed By:
Dan McGue
(415) 310-5787
Source:
Cbcworldwide
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 8 at 6:05AM
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 Dan McGue
Investment Insights
Based on property information with market context.
The property at 1217 Dana Dr. in Fairfield, CA, approximately one hour northeast of San Francisco, is an eight-unit multifamily property. It comprises two buildings situated on a gated, L-shaped lot with landscaped grounds. All eight units feature two bedrooms and one bathroom. Each apartment includes two bedrooms with closet space, eat-in kitchens, and a large living room, complemented by either a deck or a fenced patio. An on-site laundry facility is available, equipped with two coin-operated washers and two dryers, totaling four machines. Parking is provided by fourteen spaces, including one carport space per unit, with additional off-street parking for guests. Each unit is separately metered for gas and electricity and has individual water heaters, with tenants responsible for their heat. The owner covers expenses for trash, water, and sewer services. The property is situated on 14,941 acres.
Key Highlights
- Eight‑unit multifamily property in Fairfield, CA, near San Francisco.
- Gated L‑shaped lot with well‑maintained grounds.
- All units are spacious 2‑bedroom/1‑bathroom apartments with eat‑in kitchens, large living rooms, and private outdoor spaces (deck or patio).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,831
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,096,620
$2.1M
Cap Rate 7%
$1,497,586
$1.5M
Cap Rate 9%
$1,164,789
$1.2M
Market Conditions
NOI Build-Up for 6,536 SF
Gross rent
$200.0K $30.60/SF
− Vacancy
−$9.4K −$1.44/SF
EGI
$190.6K $29.16/SF
− OpEx
−$85.8K −$13.12/SF
NOI
$104.8K $16.04/SF
Area
Fairfield, CA
Vacancy
4.70%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,096,620
Cap Rate 7%
$1,497,586
Cap Rate 9%
$1,164,789
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 authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,412
Businesses Nearby
Explore this area
Business Placement
Demographics for 94533, CA
77,380
Population
25,539
Households
3
Avg Household Size
36
Median Age
20%
College-Educated
83%
High-School Grad
22.5 sq mi
ZIP Area
3,439
Density / Sq Mi
$85,990
Median Household Income
$41,466
Median Earnings
$1,980
Median Rent
$497,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit multifamily property in Fairfield, CA, near San Francisco.
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: Eight‑unit multifamily property in Fairfield, CA, near San Francisco.; Gated L‑shaped lot with well‑maintained grounds.; All units are spacious 2‑bedroom/1‑bathroom apartments with eat‑in kitchens, large living rooms, and private outdoor spaces (deck or patio).
