1501 E 4th St., Benicia, CA 94510 - 40897668 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1501 E 4th St.
Benicia, CA 94510

Sold, Multi-Family/Income Sale

For Sale

$3,390,000 $299.58 per sqft

Free Professional CMA

Listing ID : EB40897668

  • Structure / Lot Size

    11,850 Sqft / 0.4600 Acre
  • Year

    1969

Description

Benicia Heights represents a very rare opportunity to invest in the Benicia multifamily market. The property consists of three separate structures comprised of five units each for a total of twelve 2-bedroom, 1.5 bathroom apartments and three 1-bedroom, 1-bathroom units. The current ownership has consistently made upgrades to the units as they have turned over including the installation of new kitchen and bathroom cabinetry, appliance packages, paint, and flooring to 14 of the 15 units. Each 2-bedroom apartment features sweeping bay views, a balcony, a dishwasher, and a gas wall heater. All units include one covered parking space and enjoy access to the on-site coin-operated laundry facility. Limited landscaping; individual metering of gas and electric for all the 2-bedroom units; and no required on-site management keep operating expenses minimal.

Details

Type: Multi-Family/Income Sale 
Subdivision: Solano County 
County: Solano 
Annual Taxes: $46,256
Building Size: 11,850 SqFt 
Access Features: Other 
Amenities: Balcony/Patio 
Cooling: Window / Wall Unit, Other 
Flooring: Tile, Carpet - Wall to Wall, Other 
Heating: Gas, Wall Furnace  
Laundry: Dryer, Washer, In Laundry Room 
Number of Units: 15 
Parking Spaces: 17 
Property Type: Commercial Sale 
Roof: Composition, Rolled Composition 
Sewer: Sewer - Public 
Sub Type: Five or More Units 
View: Bay, Valley, Water 
Water: Public 

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Interactive

38.053623 -122.147758 $3,550,000 40897668
1501 E 4th St., Benicia, CA 94510
Directions to here from:

Area Information 94510

Population:

27,906 Up .09% since 2010
Average Income:
$148,851
Average Age:
43Years
Gender:
48.46%Male
51.54%Female
Households:
10,71432.84% with children
Average Value:
$748,230
Occupancy:
67.01%Owned
32.99%Rented
3.46%Vacant
Education:
13.86%High School
9.2%Associate
29.41%Bachelor
13.96%Graduate
Average Residency:
18Years
Crime Rate:
Below Average
Annual Rainfall:
21.09Inches
Earthquake Risk:
Very High
Hail Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low

Tax Assessments

Value

  • Land $468,585
  • Improvements $2,236,729

  • Total $2,705,314

Property Tax

  • 2020 $32,067

History

Date Transaction Price Mortgage Amt & Lender
Date
Aug 03, 2017
Transaction
Expired - Commercial Multi-Residential (5+ units)CC40094843
Price
$2,199,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by ETHAN BERGER with JOSEPH M. TAPIA, BROKER

Based on information from the MLSListings MLS) as of 1/26/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 1/26/2022. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2022 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes