NOT LISTED FOR SALE
8 Beds
10 Baths
2,970 Sq Ft
7,000 Sq Ft Lot

Sale Details

Date 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
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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
  • Separate Meters
  • 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

7,000 Sq Ft Lot

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

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
Mar 17, 2025
Sold by
Bought by

Purchase Details

Listed on
Apr 14, 2023
Closed on
Aug 7, 2023
Sold by
Bought by
Seller's Agent
Kathleen Olson
Olson Realty, Inc
Buyer's Agent
Pamela Schemke
Navigate Real Estate
List Price
$1,375,000
Sold Price
$1,325,000
Premium/Discount to List
-$50,000
-3.64%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$662,500
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 18, 2021
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
$300,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2019
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
$210,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2016
Sold by
Bought by

Purchase Details

Closed on
Aug 16, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 16, 2007
Sold by
Bought by

Purchase Details

Closed on
May 8, 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
$511,920
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2002
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
$309,400
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2002
Sold by
Bought by

Purchase Details

Closed on
Jan 20, 1999
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
$106,000
Interest Rate
7.05%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Benicia, CA

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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
-- None Listed On Document
$1,325,000 Old Republic Title
-- Amrock Inc
-- Amrock Inc
-- Title Source Inc
-- Title Source Inc
-- None Available
-- Old Republic Title Company
$360,000 Old Republic Title Company
-- None Available
$640,000 North American Title Co
-- North American Title Co
$275,000 Placer Title Company
$442,000 Placer Title Company
-- Placer Title Company
-- --
$215,000 First American Title Guarant
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 $662,500
Previous Owner $300,000
Previous Owner $210,000
Previous Owner $517,000
Previous Owner $511,920
Previous Owner $309,400
Previous Owner $106,000
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
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

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 $15,829 $1,351,500 $408,000 $943,500
2024 $15,829 $443,303 $172,395 $270,908
2023 $5,176 $434,612 $169,015 $265,597
2022 $5,080 $426,091 $165,701 $260,390
2021 $4,977 $417,737 $162,452 $255,285
2020 $4,911 $413,455 $160,787 $252,668
2019 $4,826 $405,349 $157,635 $247,714
2018 $4,703 $397,402 $154,545 $242,857
2017 $4,594 $389,611 $151,515 $238,096
2016 $4,631 $381,973 $148,545 $233,428
2015 $4,514 $376,236 $146,314 $229,922
2014 $4,460 $368,867 $143,448 $225,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323022532

Bay Area Real Estate Information Services (BAREIS)
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