Benicia, CA 94510,1501 E 4th Street

$3,390,000

Est. payment /mo

$3,550,000

4.5%
Est.Price: ?

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1501 E 4th Street Benicia, CA 94510

11,850 SqFt

SOLD DATE : 10/08/2020

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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Bridge MLS
Listed by ETHAN BERGER • NAI Northern California
Bought with MauriceCarbajal

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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