424 San Marco ST, Fairfield, CA 94533
424 San Marco ST, Fairfield, CA 94533
424 San Marco ST, Fairfield, CA 94533
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$915,000
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3,840 SqFt
Active

424 San Marco ST Fairfield, CA 94533

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C Ray Brower

C Ray Brower

+1(209) 418-0238

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $238

MLS Listing ID 326031678

HOA Fees $520/mo

HOA Y/N Yes

Year Built 1961

Lot Size 7318.000 Acres

Acres 0.168

Property Sub-Type 5 or More Units

Source BAREIS MLS

Property Description

424 San Marco St is a well-positioned multifamily asset comprised entirely of 2-bedroom, 1-bathroom units, a desirable unit mix that supports lower tenant turnover and reduced turnover costs. This offering presents a compelling value-add opportunity with key capital improvements already completed, including vinyl windows and upgraded electrical panels. Ownership has demonstrated the potential for increased income, with rents exceeding $1,800 in at least one unit. The property offers tuck-under parking for all tenants, along with additional street parking for guests. Designed for operational efficiency, the asset benefits from low-maintenance landscaping, wall-mounted HVAC systems, concrete driveway and walkways, and a newly constructed trash enclosureall contributing to reduced ongoing capital expenditure needs.

Location

State CA

County Solano

Area Fairfield 6

Direction Take I80, get off on Travis Blvd. Left on Kidder Ave. Right on San Marco Street.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 768 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1650 SqFt Source: Tax Record Unit-2 Type: Apartment Approx SqFt: 768 Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1807 SqFt Source: Tax Record Unit-3 Type: Apartment Total Rooms: 4 Rent: 1350 Unit-4 Type: Apartment Bedrooms: 2 Full Baths: 1 Total Rooms: 4 Occupancy: Tenant Rent: 1600

Basement None

Interior

Heating Wall Furnace

Cooling Wall Unit(s)

Laundry In Common Area

Exterior

Parking Features Covered

Amenities Available None

Water Access Desc Public

Total Parking Spaces 5

Building

Lot Description Sidewalk, Curbs/Gutters

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Others

HOA Fee Include MaintenanceExterior

Senior Community No

Tax ID 0033-171-030

Special Listing Condition None

MetroList® Services, Inc
Listed by Reimer Real Estate, Inc.

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I’ve had the pleasure of knowing C Ray now for years in both professional and personal relationships. C Ray has always exhibited a positive, professional outlook in all of our interactions, in a variety of situations. His ability to listen to our needs and wants, compare that with opportunities available on the market and show us appropriate properties, in our price range that met our vision. We are extremely excited about the home we chose and even though there were some challenges, both personal and professional in each of our lives, he stayed engaged with all parties and we closed the deal on time. You won’t go wrong if you partner with C Ray in the pursuit of finding your new home. His life experience and desire to fulfill your needs are always his first priority

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C Ray Brower

C Ray Brower

Broker Associate | License ID: 01969248

+1(209) 418-0238

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424 San Marco ST