1637 Kidder Ave - Multi-Family FOR SALE


Fairfield, CA 94533
$2,249,000 USD
510-926-8771
1637 Kidder Ave, Fairfield, CA for Sale
$2,249,000 USD
Multi-Family - FOR SALE
1/21
null | 7.8% Cap Rate

1637 Kidder Ave
Fairfield, CA 94533


HIGHLIGHTS

  • Showing: Friday 7/10 from 12-1pm
  • Fifteen-Unit Multifamily Investment Situated Across Two Separate Parcels, Offering Operational Flexibility and Long-Term Ownership Optionality.
  • Attractive Unit Mix Consisting of Fourteen 2-Bedroom/1-Bath Units and One 3-Bedroom/1-Bath Unit, Catering to a Broad Range of Renters.
  • 12 of 15 Units Renovated with New Paint, Laminate Flooring, and Interior Upgrades, Plus Property-Wide Vinyl Window Replacements.
  • Two Expansive 18,728 Square Foot Parcels Totaling 37,456 Square Feet, Providing Ample Parking and Long-Term Investment Flexibility
  • Convenient Access to Interstate 80 and Travis Air Force Base Connects Residents to Major Employment Centers Throughout the Region.

OVERVIEW

SHOWING: FRIDAY 7/10 FROM 12PM-1PM The Pinza Group is pleased to present 1637–1641 Kidder Avenue in Fairfield, CA, a multifamily investment opportunity comprised of two separate parcels totaling 15 units, including fourteen 2- bedroom/1-bath units and one 3-bedroom/1-bath unit. The property has benefited from significant capital improvements throughout the years, including vinyl dual-pane windows, new water heaters, updated kitchens and bathrooms, new flooring, select hardwood floors, and laundry improvements in several units. Many units have undergone extensive interior renovations, enhancing long-term tenant appeal and reducing future capital expenditure needs. Rents are roughly 40% below market which allows for significant rental upside with no city rent control. Located in a well-established Fairfield neighborhood, 1637–1641 Kidder Avenue offers residents convenient access to shopping, dining, and everyday essentials. The property is just minutes from Solano Town Center, along with a variety of grocery stores, restaurants, and services throughout the Travis Boulevard and North Texas Street corridors. Nearby schools, parks, and community amenities enhance the property's appeal to families and long-term renters. Residents also benefit from quick access to Interstate 80, providing efficient connectivity to employment centers across Solano County, Napa Valley, and the greater Bay Area. Supported by a diverse local economy, including the presence of Travis Air Force Base, the location offers strong rental fundamentals within one of Fairfield's established residential submarkets.

FOR SALE DETAILS

PRICE

$2,249,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

15

PRICE/UNIT

$149,933

CAP RATE

7.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Showing: Friday 7/10 from 12-1pm

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

0033-160-080

ASK ABOUT THIS PROPERTY

Steven PinzaPinza GroupMore Info
510-926-8771

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Steven PinzaPinza GroupMore Info
510-926-8771

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.