416 Benicia Road

Vallejo, CA 94590

$2,995,000
Price
—
Beds
11,805 Sq. Ft.
$254 / Sq. Ft.
11,805
Sq. Ft.
$254
per Sq. Ft.
a front view of a house with a yard
a front view of a house with a garden
a view of a white house with a yard
a view of a white house with a yard
a view of a livingroom with wooden floor and stairs
a view of a kitchen with wooden floor and electronic appliances
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
an empty room with wooden floor a fireplace and windows
a kitchen with a refrigerator and a stove
a kitchen with a sink and a refrigerator
a white toilet sitting next to a small sink and a toilet
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an aerial view of a residential houses with outdoor space
an aerial view of residential houses with outdoor space
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an aerial view of a large building with trees in front of it
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a front view of a house with a garden
a view of a house with a small yard and wooden fence
a view of a house with a backyard
a view of a house with wooden fence
a view of a house with wooden fence
an aerial view of a house with a yard
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an aerial view of residential houses with outdoor space
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Description

www.416BeniciaRd.com; 16-unit apartment complex spread across two parcels with 8 units per parcel. The current cap rate is 6.98% and the current GRM is 9.29. The unit mix consists of 5 2bd/1bth units, 8 1bd/1bth units, and 3 studio units with strong current cash flow and excellent rental upside. Seller financing is being offered with excellent terms. The property was originally built in 1937, offers approximately 11,803 square feet of living space, and sits on a 9,582 square foot combined lot with...www.416BeniciaRd.com; 16-unit apartment complex spread across two parcels with 8 units per parcel. The current cap rate is 6.98% and the current GRM is 9.29. The unit mix consists of 5 2bd/1bth units, 8 1bd/1bth units, and 3 studio units with strong current cash flow and excellent rental upside. Seller financing is being offered with excellent terms. The property was originally built in 1937, offers approximately 11,803 square feet of living space, and sits on a 9,582 square foot combined lot with off-street parking. Many units have been remodeled over time and offer new kitchen and bathrooms, new paint, new double pane windows, and more. The property is easy to manage, all the tenants are current on rent, and an onsite property manager is not legally required due to the property having only 8 units per parcel. The exterior and interior are in good condition with no deferred maintenance resulting in an attractive, turn-key investment.
  1. Listed by David Howarth • DRE #01360348 • The Pinza Group, Inc

Property Details for 416 Benicia Road

City
VALLEJO
Building Type
Garden Apts
Property Sub Type
Garden Apts
Garage/Parking
Other
Total # Parking Spaces
16
LISTING UPDATED: 11/07/2024 12:19 AM

Property Details for 416 Benicia Road

StatusActive
MLS #41077829
Days on Compass47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1937
CountySolano County

Building Information for 416 Benicia Road

Building/Complex416 Benicia RdFloor-Stories-Residences16Pet Policy-Year Built1937Building Size-

Property Information for 416 Benicia Road

Features
Feature Details
  • Flooring: Other
Utility Details
  • Cooling: Other
  • Heating: Other Heat
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: Other
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Other
  • Lot Description: Other
  • Lot Sq Ft Apx: 9582
  • Lot Size Square Feet: 9582.0
  • Roof: Other
  • Sq Ft Apx: 11805
  • Year Built: 1937
Location Details
  • Directions to Property: Starr Ave Right on Benicia Rd
  • FIPS Code: 06095
  • Census Tract: 94590
  • Parcel Number: 0059-113-300
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 16
  • Basement: Other
  • Tenant Pays: Other
  • Financial Data Source: Other
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Other
  • Apx Lot Acres: 0
  • On Site Parking Description: Other
Other Financial Information
  • Existing Loan: Assumable Qualify
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 416 Benicia Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 416 Benicia Road

Taxable ValueLand$72,414Additions$229,558Total$301,972
Tax Record2023$10,862 ($905 / month)
Home Facts
Total Finished SqFt3,744 SqFtAbove Grade Finished SqFt3,744 SqFtLot Size4,791 SqFtStyleMulti-Family Dwelling (2-4)Year Built1937CountySOLANOAPN0059-113-300

Schools near 416 Benicia Road

This home is within Vallejo City Unified School District.
Rating
School
Type
Grades
Distance
Steffan Manor Elementary School
Public - K to 5
Franklin Middle School
Public - 6 to 8
Vallejo High School
Public - 9 to 12
Mit Academy
Charter - 9 to 12
Rating
School
Distance
Steffan Manor Elementary School
PublicK to 5

Franklin Middle School
Public6 to 8

Vallejo High School
Public9 to 12

Mit Academy
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 416 Benicia Road, Vallejo, CA 94590

416 Benicia Road is a multi-family home for sale in Vallejo, CA 94590. This property was listed for sale on October 31, 2024 by The Pinza Group, Inc, it's currently listed at $2,995,000. It has been on the market for a total of 47 days and was last sold on August 29, 2022. This listing's school district is Vallejo City Unified School District. Nearby schools include Steffan Manor Elementary School, Franklin Middle School and Vallejo High School. 416 Benicia Road is a 0-bed, 0-bath, 11,805 sqft multi-family home built in 1937.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Pinza Group, Inc, David Howarth, DRE #01360348

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.