NOT LISTED FOR SALE

401 E O St Benicia, CA 94510

8 Beds
10 Baths
24,872 Sq Ft
8,821 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $1,200,000 $48 Per Sq Ft

3 Days on Market

Highlights

  • Corner Lot
  • Robert Semple Elementary School Rated A-
  • Laundry Facilities

About This Home

As of April 2022

401 E O Street is a rare investment opportunity in a four unit multifamily building located in Benicia. This 1968 property provides a desirable unit mix of (1) 3BD/1BA, (2) 2BD/1BA, and (1) 1BD/1BA. All the rents are under market with strong rental upside for a new owner. The units are spacious with good square footage, ample off-street parking and on-site laundry. This low-maintenance property is a perfect fit for a seasoned or first time investor.

Last Agent to Sell the Property

Samuel Ko

Meridian Commercial License #01894341 Listed on: 03/07/2022

Last Buyer's Agent

Samuel Ko

Meridian Commercial License #01894341 Listed on: 03/07/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 8,821 Sq Ft Lot
  • Corner Lot

Home Design

  • Quadruplex

Interior Spaces

  • 8 Bedrooms
  • 2-Story Property
  • Leased Washer and Dryer

Parking

  • 6 Parking Spaces
  • Uncovered Parking

Utilities

  • No Cooling
  • Wall Furnace

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $80,280

Listing and Financial Details

  • Assessor Parcel Number 0088-070-060

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Off Highway 780
  • Lot Size Acres: 0.2025
  • Stories: 2
  • CapRate: 4.14
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Corner

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 6.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Washer/Dryer Leased

Lot Info

  • Assessor Parcel Number: 0088-070-060
  • Lot Size Sq Ft: 8821.00

Building Info

  • Year Built: 1968

Multi Family

  • 1 Bedroom Rent Range: $1350
  • Two Bedroom Rent Range: $1550 - $1540
  • Three Bedroom Rent Range: $2250
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 2
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2022 04/08/22 Sold $1,200,000 -4.0% $48 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $1,250,000 -- $50 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

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 $14,915 $1,273,449 $318,362 $955,087
2024 $14,915 $1,248,480 $312,120 $936,360
2023 $14,556 $1,224,000 $306,000 $918,000
2022 $10,242 $860,000 $129,000 $731,000
2021 $10,234 $860,000 $129,000 $731,000
2020 $9,491 $800,000 $120,000 $680,000
2019 $9,038 $760,000 $121,000 $639,000
2018 $8,983 $760,000 $121,000 $639,000
2017 $8,950 $760,000 $121,000 $639,000
2016 $8,486 $700,000 $112,000 $588,000
2015 $6,958 $580,000 $93,000 $487,000
2014 $6,349 $525,000 $89,000 $436,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322019314

Bay Area Real Estate Information Services (BAREIS)
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