NOT LISTED FOR SALE

501 Main St Suisun City, CA 94585

9 Beds
-- Bath
6,705 Sq Ft
9,666 Sq Ft Lot

Last Sold March 24, 2022

Last sale price $1,550,000 $231 Per Sq Ft

15 Days on Market

About This Home

As of March 2022

10-unit mixed-use property comprised of both residential and commercial spaces, providing a unique investment opportunity with upside in Suisun City, California. The property consists of (1) 3BR unit, (6) 1BR units, (1) restaurant, (1) hair salon and (1) dog grooming service. The salon, dog grooming service and 3BR unit are located on the first and second floors of the front building. Each of these spaces features large windows that provide excellent views of the water. The restaurant runs along the northern side of the building and fronts on Common Street, while the 1BR units are situated in a row at the back of the property. The 3BR unit has been renovated with an updated kitchen and bathroom, laminate flooring and carpeting, and dual-pane windows. It also has washer/dryer hookups and central heating and air. The restaurant is completely remodeled including a new AC unit, there is a new roof on the front and back buildings, and the property overall has mostly dual-pane windows.

Last Agent to Sell the Property

Steven Level

Berkshire Hathaway License #01184232 Listed on: 01/24/2022

Berkshire Hathaway

Co-Listed By

Curtis Lafferty

Momentum Realty Group License #00956049

Last Buyer's Agent

Mario Moreno

Level Up Realty License #02052784

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 9,666 Sq Ft Lot

Property Views

  • Marina
  • Downtown

Home Design

  • Mixed Use

Interior Spaces

  • 6,705 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Parking

  • 7 Parking Spaces
  • 7 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 0032-084-010

Community Details

Overview

  • 2 Buildings
  • 10 Units

Additional Features

  • Laundry Facilities
  • Gross Income $131,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Mixed Use
  • Directions To Property: 501 Main St, Suisun City, CA
  • Lot Size Acres: 0.2219
  • Stories: 2
  • CapRate: 5.22
  • Actual or Scheduled: Actual
  • Number Commercial Units: 3
  • Special Features: None

Interior Features

  • Price Per Square Foot: 231.17
  • Square Footage: 6705.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Shape Regular, Sidewalk
  • View: Downtown, Marina, Water

Garage/Parking

  • Parking Features: Covered, Off Street, Street
  • Total Parking Spaces: 7.00
  • Carport Spaces: 7.00

Utilities

  • Cooling: Varies By Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Varies By Unit
  • Laundry Features: In Common Area, Varies By Unit, Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 0032-084-010
  • Lot Size Sq Ft: 9666.00

Building Info

  • Year Built: 1944

Multi Family

  • One Bedroom Annual Occupancy: 97
  • 1 Bedroom Rent Range: 900-1100
  • Three Bedroom Annual Occupancy: 97
  • Three Bedroom Rent Range: 1500
  • Number Of1 Bedrooms Occupied: 5
  • Number of 1 Bedroom Units: 6
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 10

Range of Values:

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Average Value
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List Price
Sold Price
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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 Prior Sale
03/24/2022 03/24/22 Sold $1,550,000 -6.1% $231 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $1,650,000 +133.4% $246 / Sq Ft
04/01/2014 04/01/14 Sold $707,000 0.0% $105 / Sq Ft View Prior Sale
03/31/2014 03/31/14 Pending -- -- --
04/26/2013 04/26/13 For Sale $707,000 -- $105 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322005253

Bay Area Real Estate Information Services (BAREIS)