Seller's Agent in 2024
Gerarda Stocking
(925) 443-3000
2 in this area
36 Total Sales
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 Buyer's Agent
Gerarda Stocking
License #00586995
| 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 |
| 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 | $7,470 | $1,450,000 | $325,000 | $1,125,000 |
| 2024 | $7,470 | $624,764 | $177,489 | $447,275 |
| 2023 | $7,290 | $612,514 | $174,009 | $438,505 |
| 2022 | $7,155 | $600,505 | $170,598 | $429,907 |
| 2021 | $7,009 | $588,731 | $167,253 | $421,478 |
| 2020 | $6,916 | $582,696 | $165,539 | $417,157 |
| 2019 | $6,796 | $571,272 | $162,294 | $408,978 |
| 2018 | $6,623 | $560,071 | $159,112 | $400,959 |
| 2017 | $6,470 | $549,091 | $155,993 | $393,098 |
| 2016 | $6,526 | $538,326 | $152,935 | $385,391 |
| 2015 | $6,361 | $530,241 | $150,638 | $379,603 |
| 2014 | $6,286 | $519,856 | $147,688 | $372,168 |
Seller's Agent in 2024
Gerarda Stocking
(925) 443-3000
2 in this area
36 Total Sales
Source: Bay East Association of REALTORS®
MLS Number: 41060018