NOT LISTED FOR SALE

1501 E 4th St Benicia, CA 94510

Studio
-- Bath
11,850 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: October 8, 2020

Last sale price $3,390,000 $286 Per Sq Ft

127 Days on Market

Highlights

  • Bay View
  • 20,038 Sq Ft lot
  • Cooling Available
  • Robert Semple Elementary School Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of October 2020

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.

Last Agent to Sell the Property

Ethan Berger

Nai Northern California License #01868467 Listed on: 03/04/2020

Nai Northern California

Last Buyer's Agent

Marty Carbajal

Gcm Realty & Loans License #01415783

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.46

Parking

  • Garage

Property Views

  • Bay
  • Valley

Home Design

  • Rolled or Hot Mop Roof
  • Composition Shingle Roof
  • Wood Shingle Exterior
  • Shingle Siding
  • Plaster

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Free-Standing Range
  • 20,038 Sq Ft Lot

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0.46 Acres

Listing Details

  • Year Built: 1969
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Directions: North on E 4th
  • Garage Yn: Yes
  • Efficiency: Other
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet, Other
  • Appliances: Free-Standing Range, Refrigerator, Dryer, Washer
  • Accessibility Features: Other

Exterior Features

  • Roof: Composition Shingles, Rolled/Hot Mop
  • Lot Features: Other
  • View: Bay, Valley, Water
  • Construction Type: Wood Shingles, Plaster, Shingles, Wood

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 20038

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

Listed on
Mar 4, 2020
Closed on
Sep 17, 2020
Sold by
Bought by
Seller's Agent
Ethan Berger
Nai Northern California
Buyer's Agent
Marty Carbajal
Gcm Realty & Loans
List Price
$3,895,000
Sold Price
$3,390,000
Premium/Discount to List
-$505,000
-12.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 28, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
0.0389%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
0.0576%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,239,000
Interest Rate
0.0597%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2002
Sold by
Bought by

Purchase Details

Closed on
Nov 30, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 29, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$3,394,000 Old Republic Title Company
-- Chicago Title-Concord
$2,165,000 Alliance Title Co
-- Alliance Title Co
-- --
-- --
-- --
-- --
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
Closed $2,200,000
Closed $830,000
Closed $1,030,000
Closed $1,239,000
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
06/16/2025 06/16/25 Off Market $3,390,000 -- --
02/04/2025 02/04/25 Off Market $3,390,000 -- --
10/08/2020 10/08/20 Sold $3,390,000 -4.5% $286 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $3,550,000 -5.3% $300 / Sq Ft
03/25/2020 03/25/20 Price Changed $3,750,000 -3.7% $316 / Sq Ft
03/04/2020 03/04/20 For Sale $3,895,000 -- $329 / 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
2025 $43,004 $3,673,557 $811,824 $2,861,733
2024 $43,004 $3,601,527 $795,906 $2,805,621
2023 $41,969 $3,530,909 $780,300 $2,750,609
2022 $41,189 $3,461,676 $765,000 $2,696,676
2021 $40,350 $3,393,800 $750,000 $2,643,800
2020 $32,067 $2,705,314 $468,585 $2,236,729
2019 $31,510 $2,652,270 $459,398 $2,192,872
2018 $30,704 $2,600,266 $450,391 $2,149,875
2017 $29,994 $2,549,281 $441,560 $2,107,721
2016 $24,853 $2,050,000 $328,000 $1,722,000
2015 $21,594 $1,800,000 $288,000 $1,512,000
2014 $19,953 $1,650,000 $264,000 $1,386,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40897668

bridgeMLS
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