NOT LISTED FOR SALE

643 E I St Benicia, CA 94510

6 Beds
3 Baths
3,304 Sq Ft
6,156 Sq Ft Lot

Last Sold October 03, 2024

Last sale price $1,450,000 $439 Per Sq Ft

83 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Robert Semple Elementary School Rated A-
  • Side by Side Parking
  • Garden

About This Home

As of October 2024

101,000 PRICE REDUCTION: 5 units located in the sought-after landlord-friendly Solano County.. 5th unit has rental income of $2,195. Pride of Ownership units (same owner for 20+years) are located in a neighborhood of beautiful custom water-view homes. Views of the bay from upper unit and only 1 block to the water. 4 2-bedroom units and an additional studio unit. All but one of the units have been completely upgraded and remodeled. The 2 bedroom units are separately metered for gas and electricity . The complex has an onsite coin-operated laundry. Development possibility for additional units with garages - check with Planning Department of Benicia. Gross Rental Income $126,960 per year.(includes laundry income) 13.78 is the Gross Rent Multiplier. Cap Rate is 5.

Last Agent to Sell the Property

Gerarda Stocking

License #00586995 Listed on: 05/16/2024

Last Buyer's Agent

Gerarda Stocking

License #00586995

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,156 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Terraced Lot
  • Garden
  • Back Yard

Home Design

  • Stucco

Kitchen

  • Updated Kitchen

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • Side by Side Parking
  • Off-Street Parking
  • 6 to 12 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 0089073190

Community Details

Overview

  • No Home Owners Association
  • 3,304 Sq Ft Building
  • Bay East Association

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub Type: OTHER
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Directions: Hwy 780 to E 5th St Exit to I Street
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Vinyl, Carpet
  • Basement: None
  • Appliances: Dryer, Washer
  • Total Bedrooms: 6
  • Interior Amenities: Updated Baths, Updated Kitchen

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Terraced Down, Landscape Back, Landscape Misc, Garden

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Side By Side, 4-7 Cars
  • Total Parking Spaces: 6

Utilities

  • Heating: Other
  • Utilities: Sewer Connected, All Public Utilities
  • Cooling: Wall/Window Unit(s)
  • Laundry Features: Coin Operated, Dryer, Washer
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Benicia Unified

Lot Info

  • Lot Size Sq Ft: 6156
  • Parcel Number: 0089073190
  • ResoLotSizeUnits: Acres

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
02/04/2025 02/04/25 Off Market $1,450,000 -- --
10/03/2024 10/03/24 Sold $1,450,000 -6.5% $439 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
07/05/2024 07/05/24 Price Changed $1,550,000 -6.0% $469 / Sq Ft
05/31/2024 05/31/24 Price Changed $1,649,000 -5.8% $499 / Sq Ft
05/16/2024 05/16/24 For Sale $1,750,000 -- $530 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gerarda Stocking

    Seller's Agent in 2024

    Gerarda Stocking

    (925) 443-3000

    2 in this area

    37 Total Sales

    Gerarda Stocking
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Map

Source: Bay East Association of REALTORS®

MLS Number: 41060018

Bay East Association of REALTORS®
California Solano County Benicia 94510

643 E I St, Benicia, CA

Not Listed for Sale

MultiFamily

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