NOT LISTED FOR SALE

401 E O St Benicia, CA 94510

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

Sale Details

Date Sold: April 8, 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

8,821 Sq Ft Lot

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

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 7, 2022
Closed on
Mar 30, 2022
Sold by
Bought by
Seller's Agent
Samuel Ko
Meridian Commercial
Buyer's Agent
Samuel Ko
Meridian Commercial
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
0.0376%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 10, 2003
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
$485,000
Interest Rate
0.041%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 6, 2003
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
$485,000
Interest Rate
0.041%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 5, 2003
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
$485,000
Interest Rate
0.041%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 23, 2003
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
$2,800,000
Interest Rate
0.0575%
Mortgage Type
Commercial
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$1,200,000 Cal Land Title
$685,000 Chicago Title Co
-- Chicago Title Co
-- Chicago Title Co
-- Chicago Title Co
-- Chicago Title Co
-- California Land Title Marin
-- Chicago Title Co
-- Chicago Title Co
$4,000,000 Frontier 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 $720,000
Closed $720,000
Closed $485,000
Closed $2,800,000
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
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

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 $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

  • Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322019314

Bay Area Real Estate Information Services (BAREIS)
Your Personal Tour Guide

Ask me questions while you tour the home.