NOT LISTED FOR SALE

449 E L St Benicia, CA 94510

8 Beds
10 Baths
2,970 Sq Ft
7,000 Sq Ft Lot

Last Sold August 11, 2023

Last sale price $1,325,000 $446 Per Sq Ft

93 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Wood Flooring
  • Landscaped
  • Mary Farmar Elementary School Rated A-
  • Private Yard
  • Laundry Facilities

About This Home

As of August 2023

Terrific investment opportunity in Benicia! This well-maintained and refurbished 4-plex features 2-bedroom, 1-bath apartments with updated interiors, individual carport parking and storage closets, landscaped common areas, and onsite laundry. The appealing Downtown location invites walking and biking to the grocery store, community center, city pool and tennis courts, and the waterfront.

Last Agent to Sell the Property

Kathleen Olson

Olson Realty, Inc License #00899699 Listed on: 04/14/2023

Last Buyer's Agent

Pamela Schemke

Navigate Real Estate License #01131343

Navigate Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 7,000 Sq Ft Lot
  • Landscaped
  • Private Yard

Home Design

  • Quadruplex
  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Raised Foundation

Interior Spaces

  • 8 Bedrooms
  • 2,970 Sq Ft Home
  • 2-Story Property
  • Built-In Gas Range
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Individual Gas Meter
  • Internet Available
  • Cable TV Available

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $80,921

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0088-124-160

Property Details

Home Type

Multi-Family

Year Built

Built in 1965 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: On East L Street, between East 4th and East 5th.
  • Lot Size Acres: 0.1607
  • Stories: 2
  • CapRate: 4.08
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Mid-Century
  • Special Features: None

Interior Features

  • Appliances: Built-In Gas Range, Free Standing Refrigerator
  • Flooring: Carpet, Tile, Varies By Unit, Vinyl, Wood
  • Price Per Square Foot: 446.13
  • Square Footage: 2970.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Raised
  • Lot Features: Landscape Back, Shape Regular
  • Property Condition: Updated/Remodeled
  • Roof: Flat
  • ExteriorFeatures: Yard Space

Garage/Parking

  • Parking Features: Covered, Off Street, Street
  • Total Parking Spaces: 8.00
  • Carport Spaces: 4.00
  • Covered Parking Spaces: 4.00
  • Tandem Parking Spaces: 4

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Connected, City, Electric, Internet Available, Natural Gas Connected
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 0088-124-160
  • Lot Size Sq Ft: 7000.00

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1965

Tax Info

  • County Transfer Tax Rate: 1.10

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $1600-$2000
  • NumberOfUnitsTotal: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $1,325,000 -3.6% $446 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $1,375,000 -- $463 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323022532

Bay Area Real Estate Information Services (BAREIS)