Fourplex Investment
1712 Fillmore St Fairfield, CA 94533
1712 Fillmore St, Fairfield, CA, 94533
$921,973
For Sale
$921,973
Three well-maintained fourplexes totaling 12 units, each with on-site laundry and renovated interiors.
Property Size3,344 SF
Price / SF$275.71
Days on Market85
Property Features for 1712 Fillmore St
General Information
- Standard status
- Active
- Size
- 3,344 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1963
Listing agency
Keller Williams Studio City
(925) 431-9508
Listed by
Brian Sanchez · License #01768654
(925) 431-9508
Source
Exitrealty
Added: Apr 29 Updated: Jul 22 at 8:12AM Checked: Jul 22 at 8:12AM
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 Keller Williams Studio City
Investment Insights
Based on property information with market context.
AiCRE Partners presents a for-sale portfolio of three fourplex properties located at 1712, 1713, and 1718 Fillmore Street in Fairfield, California. The collection totals 12 units, with each building offering four 2-bedroom, 1-bathroom apartments.
The portfolio has undergone extensive interior renovations and capital improvements intended to reduce immediate maintenance needs. Updates include newer stoves and A/C units, along with fresh exterior paint and newer windows across the properties. Each building also features on-site laundry facilities that provide resident convenience and generate additional income for an owner.
All units are subject to California State Rent Control (AB 1482). The information provided also notes that Fairfield does not currently have local rent control ordinances, which the seller describes as allowing greater flexibility in management compared to jurisdictions with more restrictive local caps.
The portfolio has undergone extensive interior renovations and capital improvements intended to reduce immediate maintenance needs. Updates include newer stoves and A/C units, along with fresh exterior paint and newer windows across the properties. Each building also features on-site laundry facilities that provide resident convenience and generate additional income for an owner.
All units are subject to California State Rent Control (AB 1482). The information provided also notes that Fairfield does not currently have local rent control ordinances, which the seller describes as allowing greater flexibility in management compared to jurisdictions with more restrictive local caps.
Key Highlights
- Portfolio of three fourplexes in Fairfield, CA at 1712, 1713, and 1718 Fillmore St
- Total of 12 units: each property has four 2‑bedroom, 1‑bath units
- Renovations include newer stoves and A/C units, plus extensive interior updates across the portfolio
Local Financial Insights For Multifamily LT 5
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 | $90.3k | $27.00 |
| − Vacancy | −$4.7k | −$1.40 |
| EGI | $85.6k | $25.60 |
| − OpEx | −$25.7k | −$7.68 |
| NOI | $59.9k | $17.92 |
3,344 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$855.9K
$748.9K – $998.6K
NOI $59,915 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$766.2K
$670.4K – $893.9K
NOI $53,634 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,288 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Three well-maintained fourplexes totaling 12 units, each with on-site laundry and renovated interiors.
Where is this quadplex located?
The property is located at 1712 Fillmore St Fairfield, CA.
What is the asking price?
The asking price for this property is $921,973.
What are key features of this property?
This property features: Portfolio of three fourplexes in Fairfield, CA at 1712, 1713, and 1718 Fillmore St; Total of 12 units: each property has four 2‑bedroom, 1‑bath units; Renovations include newer stoves and A/C units, plus extensive interior updates across the portfolio
