$3,390,000
$3,550,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
1501 E 4th Street Benicia, CA 94510
11,850 SqFt
Key Details
Sold Price $3,390,000
Property Type Commercial
Sub Type 5 or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 11,850 sqft
Price per Sqft $286
MLS Listing ID 40897668
Sold Date 10/08/20
HOA Y/N No
Year Built 1969
Lot Size 0.460 Acres
Acres 0.46
Property 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.
Location
State CA
County Solano
Area Solano County
Rooms
Basement Other
Interior
Heating Natural Gas, Wall Furnace
Cooling Other, Wall/Window Unit(s)
Flooring Carpet, Other, Tile
Fireplace No
Appliance Free-Standing Range, Refrigerator, Dryer, Washer
Laundry Laundry Room
Exterior
View Y/N true
View Bay, Valley, Water
Handicap Access Other
Building
Lot Description Other, Regular
Sewer Public Sewer
Water Public
New Construction No
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Bought with MauriceCarbajal