Address
416420 Benicia Rd Vallejo, CA
Price
$ 2,725,000
Property Attributes
  • ID#40947237
  • TypeIncome
  • CountySOLANO
  • CityVallejo
  • AreaSolano County
  • Zip94590
  • Style
  • Year Built1937
  • Taxes38257
  • Price$ 2,725,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8060
  • Lot Size9,583 SqFt
Listing Provided Courtesy Of:
ETHAN BERGER with JOSEPH M. TAPIA, BROKER.
Data Source:
Contra Costa Association of REALTORS
Property Description

416-420 Benicia Rd This is a rare high-cash-flow Bay Area investment opportunity with a 7.28% cap rate. The offering consists of 16 total units, but because they are spread over two separate parcels, no on-site manager is required. The current ownership has consistently made upgrades and renovations to the interior and exterior of each unit including new laminate flooring and dual-pane windows as well as upgraded bathrooms, light fixtures, kitchen and vanity cabinets, and appliances. 7.28% cap rate $198K NOI 16 units on two parcels, so on-site manager not required Ideal unit mix of studios, 1-bedroom, and 2-bedroom units All carpeting replaced with laminate flooring Bathrooms upgraded; replaced shower stalls and reglazed tubs All windows, except for two, now dual pane Kitchen and vanity cabinets and accessories replaced Many updated appliances and light fixtures

Price History
4/27/2021 Listed $2,725,000

General Features

Age 84
Disclosures Owner is Lic Real Est Agt

Exterior Features

Lot Size Area 0.22
Lot Sq Ft Apx 9583

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 94590

Price
AVG $1.1M
$2.73M
Taxes
AVG $19,105
$38,257
Visits
AVG 14
1
Year Built
AVG 1918
1937
Walkscore
AVG 79
74
Data Provided by Walkscore ® not using MLS data

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