NOT LISTED FOR SALE

615 Travis Blvd Fairfield, CA 94533

32 Beds
-- Bath
16,333 Sq Ft
0.76 Acres

Last Sold August 30, 2017

Last sale price $2,814,000 $172 Per Sq Ft

61 Days on Market

Highlights

  • 0.76 Acre Lot
  • Laundry Facilities
  • 4-minute walk to Lee Bell Park
  • Guest Parking

About This Home

As of August 2017

This 23 unit apartment complex is situated on a flag lot and is set back from the street. Comprised of (8)2BR/1BA, (14)1BR/1BR and (1)2BR/1BR cottage with a garage and private yard this property is centrally located in Fairfield. Approximately 17 of the units have been renovated and upgraded under the current ownership with variations in the level of improvements for each unit. Coin operated laundry room. 27 Off-street parking spaces.

Last Agent to Sell the Property

Steven Level

Berkshire Hathaway License #01184232 Listed on: 05/31/2017

Berkshire Hathaway

Last Buyer's Agent

Steven Level

Berkshire Hathaway License #01184232 Listed on: 05/31/2017

Berkshire Hathaway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.76 Acre Lot

Home Design

  • 16,333 Sq Ft Home
  • Concrete Foundation
  • Tar and Gravel Roof

Parking

  • Guest Parking
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0030-051-250

Community Details

Overview

  • 2 Buildings
  • 23 Units

Additional Features

  • Laundry Facilities
  • Gross Income $284,304

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Interstate 80 to Travis Blvd. property on right.
  • Lot Size Acres: 0.7555
  • CapRate: 6.02
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 172.29
  • Square Footage: 16333
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Guest Parking Available, Off Street, Uncovered

Utilities

  • Cooling: Wall Unit(s)
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 0030-051-250
  • Lot Size Sq Ft: 32910

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1960

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 900-1000
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1050-1250
  • Number Of1 Bedrooms Occupied: 14
  • Number of 1 Bedroom Units: 14
  • Number Of2 Bedrooms Occupied: 9
  • NumberOfUnitsTotal: 23

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2017 08/30/17 Sold $2,814,000 0.0% $172 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $2,814,000 -- $172 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $35,844 $3,205,399 $568,913 $2,636,486
2024 $35,844 $3,146,332 $557,758 $2,588,574
2023 $34,742 $3,085,509 $546,822 $2,538,687
2022 $34,310 $3,024,124 $536,100 $2,488,024
2021 $33,984 $2,964,965 $525,589 $2,439,376
2020 $33,171 $2,933,985 $520,200 $2,413,785
2019 $32,353 $2,876,524 $510,000 $2,366,524
2018 $33,395 $2,819,744 $500,000 $2,319,744
2017 $26,031 $2,256,244 $337,000 $1,919,244
2016 $23,538 $2,007,671 $300,000 $1,707,671
2015 $21,199 $1,907,671 $285,000 $1,622,671
2014 $18,716 $1,662,249 $262,000 $1,400,249
Source: Public Records

Agents Affiliated with this Home

  • Steven Level

    Seller's Agent in 2017

    Steven Level

    Berkshire Hathaway

    (415) 722-1149

    1 in this area

    43 Total Sales

    Steven Level
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21712476

Bay Area Real Estate Information Services (BAREIS)
California Solano County Fairfield 94533

615 Travis Blvd, Fairfield, CA

Not Listed for Sale

MultiFamily

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