1637 Kidder Ave - Apartments FOR SALE


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

1637 Kidder Ave
Fairfield, CA 94533


HIGHLIGHTS

  • 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

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

The Kidder Cottages

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,456 SF

ZONING

CM

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.