101,000 PRICE REDUCTION: 5 units located in the sought-after landlord-friendly Solano County.. 5th unit has rental income of $2,195. Pride of Ownership units (same owner for 20+years) are located in a neighborhood of beautiful custom water-view homes. Views of the bay from upper unit and only 1 block to the water. 4 2-bedroom units and an additional studio unit. All but one of the units have been completely upgraded and remodeled. The 2 bedroom units are separately metered for gas and electricity . The complex has an onsite coin-operated laundry. Development possibility for additional units with garages - check with Planning Department of Benicia. Gross Rental Income $126,960 per year.(includes laundry income) 13.78 is the Gross Rent Multiplier. Cap Rate is 5.
Sold for $1,450,000 on 10/03/24
$1,450,000
643 E I St, Benicia, CA 94510
6beds
0baths
3,304sqft
Multi Family
Built in 1970
-- sqft lot
$1,461,100 Zestimate®
$439/sqft
$1,691 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 18, 2024 at 03:34pm
Listed by:
Gerarda Stocking DRE #00586995 925-200-6988,
Stocking Realty
Bought with:
Gerarda Stocking, DRE #00586995
Stocking Realty & Investments
Source: Bay East AOR,MLS#: 41060018
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 0
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Disposal, Dryer, Washer
- Laundry: Coin Operated
Features
- Updated Baths, Updated Kitchen
- Flooring: Laminate, Vinyl, Carpet
- Basement: None
Interior area
- Total structure area: 3,304
- Total interior livable area: 3,304 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Side By Side, 4-7 Cars
Features
- Patio & porch: Terrace, Patio
- Exterior features: Garden
Lot
- Size: 6,098 sqft
- Features: Back Yard, Landscape Back
Details
- Parcel number: 0089073190
- Special conditions: Offer As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Other
Condition
- Year built: 1970
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Community
- Community features: Other
Location
- Region: Benicia
HOA & financial
Other financial information
- Total actual rent: 8085
Other
Other facts
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,1031 Exchange,Submit,Cryptocurrency
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Estimated market value
$1,461,100