CA > Fairfield
Fairfield, CA 94533,205 Alaska AVE
Fairfield, CA 94533,205 Alaska AVE
Fairfield, CA 94533,205 Alaska AVE
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$1,550,000
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5,696 SqFt
Price Dropped by $50K

205 Alaska AVE Fairfield, CA 94533

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Amber Ross

Amber Ross

+1(916) 238-1319

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,696 sqft

Price per Sqft $272

MLS Listing ID 325083302

HOA Y/N No

Year Built 1965

Lot Size 0.427 Acres

Acres 0.4271

Property Sub-Type 5 or More Units

Source BAREIS MLS

Property Description

8-unit apartment property located at 205 Alaska Avenue in Fairfield, CA. Originally constructed in 1965, the property consists of eight (8) spacious two-bedroom, one-bath units, each averaging approximately 712 square feet. Every unit offers private outdoor space with its own patio, and the community provides an on-site laundry facility for tenant convenience. The interiors have been thoughtfully upgraded, featuring renovated kitchens, bathrooms, flooring, and fresh paint. Recent capital improvements include replacement of the electrical subpanels and roof systems completed within the past 3-4 years, providing peace of mind and reducing near-term maintenance expenses. The property benefits from strong in-place rents, with the potential to further enhance revenue through continued rent growth and management efficiencies. With its solid income stream, low expense ratio, and favorable unit mix, the property offers investors an attractive in-place capitalization rate of 6.40% and the opportunity for long-term value appreciation.

Location

State CA

County Solano

Area Fairfield 5

Direction Gps

Rooms

Other Rooms Unit-1 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant SqFt Source: Not Measured Unit-2 Bedrooms: 2 Full Baths: 1 Occupancy: Tenant SqFt Source: Not Measured

Interior

Heating Other

Cooling Other

Laundry Washer/Dryer Leased

Exterior

Parking Features Other

Water Access Desc Other

Total Parking Spaces 8

Building

Lot Description Other

Story 1

Sewer Other

Water Other

Others

Senior Community No

Tax ID 0034-110-040

Special Listing Condition None

MetroList® Services, Inc
Listed by Gravitas Commercial Real Estate

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Amber Ross

Amber Ross

Agent | License ID: 02120211

+1(916) 238-1319

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205 Alaska AVE

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