Turn-Key Fourplex Investment
1713 Fillmore Street Fairfield, CA 94533
1713 Fillmore Street, Fairfield, CA, 94533
$933,000
For Sale
$933,000
Portfolio includes three fourplex buildings with four 2-bedroom, 1-bath units each and on-site laundry.
Property Size3,344 SF
Price / SF$279.01
Days on Market85
Property Features for 1713 Fillmore Street
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 21 at 7:39PM Checked: Jul 22 at 6:50AM
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.
A for-sale portfolio of three well-maintained fourplexes at 1712, 1713, and 1718 Fillmore Street, offering a combined total of 12 units. Each property features four spacious 2-bedroom, 1-bathroom residences. The portfolio has been updated with extensive interior renovations, including newer stoves and A/C units, along with fresh exterior paint and newer windows.
Each building includes on-site laundry facilities to support tenant convenience and provide additional income for ownership. The properties remain subject to California State Rent Control (AB 1482). The information provided also notes that Fairfield does not have local rent control ordinances.
For investors seeking a turn-key multifamily acquisition, this portfolio delivers consistent unit mix across all three fourplex buildings, with capital improvements intended to reduce near-term maintenance needs.
Each building includes on-site laundry facilities to support tenant convenience and provide additional income for ownership. The properties remain subject to California State Rent Control (AB 1482). The information provided also notes that Fairfield does not have local rent control ordinances.
For investors seeking a turn-key multifamily acquisition, this portfolio delivers consistent unit mix across all three fourplex buildings, with capital improvements intended to reduce near-term maintenance needs.
Key Highlights
- Three fourplexes in Fairfield, CA at 1712, 1713, and 1718 Fillmore St, totaling 12 units
- Each building has four units, each with 2 bedrooms and 1 bathroom
- Extensive interior renovations across the portfolio include newer stoves and A/C units
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 6.42%
Second Best
Apartment 5plus
$766.2K
$670.4K – $893.9K
NOI $53,634 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,288 @ 7.0% cap · market cap 10.21%
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 - Portfolio includes three fourplex buildings with four 2-bedroom, 1-bath units each and on-site laundry.
Where is this quadplex located?
The property is located at 1713 Fillmore Street Fairfield, CA.
What is the asking price?
The asking price for this property is $933,000.
What are key features of this property?
This property features: Three fourplexes in Fairfield, CA at 1712, 1713, and 1718 Fillmore St, totaling 12 units; Each building has four units, each with 2 bedrooms and 1 bathroom; Extensive interior renovations across the portfolio include newer stoves and A/C units
