| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 70th | Poor |
| Demographics | 32nd | Poor |
| Amenities | 13th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 1700 E Tabor Ave, Fairfield, CA, 94533, US |
| Region / Metro | Fairfield |
| Year of Construction | 1980 |
| Units | 80 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
1700 E Tabor Ave Fairfield Multifamily Investment
This 80-unit property built in 1980 operates in a neighborhood with 92.3% occupancy and stable rental demand. Demographics within a 3-mile radius show growing household formation supporting long-term tenant base expansion according to CRE market data from WDSuite.
The property sits in a suburban Fairfield neighborhood with a D rating, ranking 94th among 98 metro neighborhoods. Built in 1980, this vintage aligns with the neighborhood's average construction year of 1986, indicating potential value-add opportunities through strategic renovations and unit improvements.
Occupancy rates in the neighborhood reach 92.3%, performing above the national median despite a slight decline over five years. With 33.6% of housing units renter-occupied, the area maintains solid rental demand. Demographics within a 3-mile radius show a population of 74,845 with median household income of $91,122, supporting multifamily housing demand.
The area shows limited amenity density with minimal cafes, restaurants, and parks per square mile, ranking in the bottom quartile nationally for amenities. However, grocery store access performs better with 1.37 stores per square mile, ranking above metro median. Median contract rents of $1,642 have grown 31.5% over five years, indicating pricing power despite affordability pressures at current rent-to-income ratios.
Forward-looking demographics project 11.6% population growth through 2028, with household count increasing 34.4% to over 32,000 units. This expansion supports larger tenant pools and sustained rental demand, though investors should monitor the balance between supply additions and absorption rates in this growing market.
Crime metrics show mixed performance relative to regional and national benchmarks. Property offense rates of 1,342 per 100,000 residents rank 75th among 98 metro neighborhoods, placing in the bottom quartile locally while scoring in the 17th percentile nationally.
Violent crime rates of 191 per 100,000 residents rank 64th among metro neighborhoods, performing in the 21st percentile nationally. However, both property and violent crime rates declined year-over-year by 16.2% and 32.5% respectively, indicating improving trends that may support tenant retention and leasing stability.
The Fairfield area benefits from proximity to major Bay Area corporate centers, with several Fortune 500 headquarters within commuting distance supporting workforce housing demand.
- International Paper — manufacturing and paper products (32.5 miles)
- Xerox State Healthcare — healthcare technology services (32.7 miles)
- Chevron — energy and petroleum — HQ (35.0 miles)
- Clorox — consumer products — HQ (35.2 miles)
- Cardinal Health — healthcare services (36.9 miles)
This 80-unit property presents a value-add opportunity in a stable suburban market with 92.3% neighborhood occupancy and growing demographic fundamentals. Built in 1980, the vintage offers renovation upside while benefiting from established rental demand in Solano County. Population growth projections of 11.6% through 2028 and household expansion of 34.4% indicate sustained tenant pool growth, according to multifamily property research from WDSuite.
The location provides access to major Bay Area employment centers while maintaining more affordable operating costs than core urban markets. Median contract rents have grown 31.5% over five years, demonstrating pricing power despite current affordability pressures. However, investors should monitor the limited amenity base and below-average school ratings which may impact tenant retention and lease-up velocity.
- Strong occupancy fundamentals with 92.3% neighborhood rates above national medians
- Value-add potential through strategic renovations of 1980 vintage units
- Growing demographic base with 34.4% projected household increase through 2028
- Access to Bay Area employment centers supporting workforce housing demand
- Risk considerations include limited amenities and below-average school ratings impacting tenant appeal