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Sean Beattie

sean@brivio.com +1(415) 716-7190

$915,000

Est. payment - /mo

3,840 SqFt

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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 7,318 Sqft

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

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Listed by Reimer Real Estate, Inc.

Nearby School & Business

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Sean Beattie

+1(415) 716-7190

Broker Associate | CA DRE# 01304100

Broker Associate CA DRE# 01304100

424 San Marco ST Fairfield, CA 94533

Sean Beattie

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information