NOT LISTED FOR SALE
8 Beds
6 Baths
3,640 Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: May 21, 2021

Last sale price $1,165,000 $320 Per Sq Ft

38 Days on Market

Highlights

  • Views of Carquinez Strait
  • No HOA
  • Multiple cooling system units
  • Mary Farmar Elementary School Rated A-
  • Garden
  • Coin Laundry

About This Home

As of May 2021

Value-add investment opportunity in Benicia, CA with on-site coin-op laundry facility and ideal 2-bedroom, 1.5-bathroom unit mix. It features carport parking for each tenant and balconies over the carport with views of the Carquinez Strait. On-site management is not required, keeping operating expenses minimal and current rents average $600 below estimated market rents, providing over 50% rental upside for the new owner. 1061-1073 West L Street is located near the intersection of West L Street and West 11th Street with views overlooking the downtown area and the Carquinez Strait and just a few blocks from the on- and off- ramps for I-780 North and South. The residents enjoy close proximity to a number of retailers and dining options including the Southampton Center one mile away. Additionally, the property is within a few blocks of the Benicia State Recreation Area; Benicia elementary, middle, and high schools; and the waterfront 9th Street Park with a free boat launch ramp.

Last Agent to Sell the Property

Ethan Berger

Nai Northern California License #01868467 Listed on: 03/04/2021

Nai Northern California

Last Buyer's Agent

Marguerita Castanera

Century 21 Epic Wine Country License #01773670

Century 21 Epic Wine Country
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 11,875 Sq Ft Lot
  • Garden
  • Back Yard Fenced and Front Yard

Property Views

  • Bay
  • Carquinez Strait

Home Design

  • Quadruplex

Parking

  • Carport
  • On-Street Parking

Utilities

  • Multiple cooling system units
  • Heating Available

Additional Features

  • Partially Carpeted
  • 8 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 0086062120

Community Details

Overview

  • No Home Owners Association
  • 3,640 Sq Ft Building
  • Bridge Aor Association
  • Benicia Marina Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0.27 Acres

Listing Details

  • Year Built: 1968
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Subdivision Name: BENICIA MARINA
  • Directions: Near corner W L St & W 11th St
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Partial Carpeting
  • Basement: None
  • Total Bedrooms: 8

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Back Yard, Garden, Landscape Front, Landscape Misc
  • View: Bay, Carquinez
  • View: Yes
  • Construction Type: Other
  • Exterior Features: Back Yard, Front Yard, Side Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 2 Or More, Street Parking

Utilities

  • Heating: Other
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: Multi Units
  • Laundry Features: Coin Operated, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 11875
  • Parcel Number: 0086062120
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2022
Sold by
Baranik Neil G and Baranik Tanya S
Bought by

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 18, 2021
Sold by
Lapant Family Trust and Lapant Rodney A
Bought by
Jones Jessica
Seller's Agent
Ethan Berger
Nai Northern California
Buyer's Agent
Marguerita Castanera
Century 21 Epic Wine Country
List Price
$1,195,000
Sold Price
$1,165,000
Premium/Discount to List
-$30,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$932,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2016
Sold by
Lapant Roger J
Bought by
Lapant Roger Jack and The Lapant Family Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Buckingham Jason S
Jones Jessica $1,165,000 Old Republic Title
Lapant Roger Jack -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $932,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,165,000 -- --
05/21/2021 05/21/21 Sold $1,165,000 -2.5% $320 / Sq Ft
04/11/2021 04/11/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $1,195,000 0.0% $328 / Sq Ft
03/12/2021 03/12/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,195,000 -- $328 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $14,601 $1,286,251 $447,151 $839,100
2025 $14,770 $1,261,032 $438,384 $822,648
2024 $14,770 $1,236,307 $429,789 $806,518
2023 $14,415 $1,212,066 $421,362 $790,704
2022 $14,147 $1,188,300 $413,100 $775,200
2021 $1,833 $153,207 $30,631 $122,576
2020 $1,809 $151,637 $30,317 $121,320
2019 $1,777 $148,665 $29,723 $118,942
2018 $1,732 $145,751 $29,141 $116,610
2017 $1,692 $142,894 $28,570 $114,324
2016 $1,698 $140,093 $28,010 $112,083
2015 $1,655 $137,990 $27,590 $110,400
2014 $1,636 $135,288 $27,050 $108,238
Source: Public Records

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Map

Source: bridgeMLS

MLS Number: 40939981

bridgeMLS
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