The Kidder Cottages 1637 Kidder Ave 15 Unit Apartment Building $2,249,000 ($149,933/Unit) 7.80% Cap Rate Fairfield, CA 94533

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.