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.
Sold for $1,450,000
Zillow last checked:
Listing updated:
Bought with:
Gerarda Stocking, DRE #00586995
Stocking Realty & Investments
Source: Bay East AOR,MLS#: 41060018
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2024 | Sold | $1,450,000-6.5%$439/sqft |
Source:  Bay East AOR #41060018 Report a problem | ||
| 8/7/2024 | Pending sale | $1,550,000$469/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41060018 Report a problem | ||
| 7/5/2024 | Price change | $1,550,000-6%$469/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41060018 Report a problem | ||
| 5/31/2024 | Price change | $1,649,000-5.8%$499/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41060018 Report a problem | ||
| 5/16/2024 | Listed for sale | $1,750,000+11.1%$530/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41060018 Report a problem | ||
| 8/9/2022 | Listing removed | $1,575,000$477/sqft |
Source:  BAREIS #322049592 Report a problem | ||
| 8/1/2022 | Contingent | $1,575,000$477/sqft |
Source: BAREIS #322049592 Report a problem | ||
| 7/20/2022 | Price change | $1,575,000-5.7%$477/sqft |
Source: BAREIS #322049592 Report a problem | ||
| 6/9/2022 | Price change | $1,670,000-4.6%$505/sqft |
Source: BAREIS #322049592 Report a problem | ||
| 6/6/2022 | Listed for sale | $1,750,000$530/sqft |
Source: BAREIS #322049592 Report a problem | ||
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Estimated market value
