1 month on rocket

416 Benicia Rd, Vallejo, CA, 94590

$2,995,000

0 Baths
House

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
Year Built1937
HeatingOther
CoolingOther
MLS #41077829
Lot Size0.22 Acres
StatusActive

About 416 Benicia Rd

www.416BeniciaRd.com; 16-unit apartment complex spread across two parcels with 8 units per parcel. The current cap rate is 6.98% and the current GRM is 9.29. The unit mix consists of 5 2bd/1bth units, 8 1bd/1bth units, and 3 studio units with strong current cash flow and excellent rental upside. Seller financing is being offered with excellent terms. The property was originally built in 1937, offers approximately 11,803 square feet of living space, and sits on a 9,582 square foot combined lot with off-street parking. Many units have been remodeled over time and offer new kitchen and bathrooms, new paint, new double pane windows, and more. The property is easy to manage, all the tenants are current on rent, and an onsite property manager is not legally required due to the property having only 8 units per parcel. The exterior and interior are in good condition with no deferred maintenance resulting in an attractive, turn-key investment.

Property Details

Property Features

Property Information:

  • Year Built: 1937

Listing Office:

  • Office Name: The Pinza Group, Inc
  • Office Phone: (510) 725-4775
  • Listing Agent: David Howarth

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Starr Ave Right on Benicia Rd Cross Street: Starr Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,995,000

Tax Information:

  • Annual Amount: $9,711
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Vallejo, CA.

Med. Sold Price

$525.3K

Med. Price/SqFt

$358

Avg. Days On Market

25

# of Sold Homes

67

416 Benicia Rd vs Vallejo

47 DAYS ON ROCKET

+22 Days

$2,995,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Vallejo, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41077829

Listing Office:

  • Office Name: The Pinza Group, Inc
  • Office Phone: (510) 725-4775
  • Listing Agent: David Howarth

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 30, 2001Home Sold
$449,000
Oct 18, 1990Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,711$290,248
2020$9,505$287,273
2019$8,208$281,641
2018$8,209$276,119
2017$7,592$270,706

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,046

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4435467
2
/10
  • Steffan Manor Elementary School

  • 815 Cedar St

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-4435468
4
/10
  • Grace Patterson Elementary School

  • 1080 Porter St

  • 1.10 miles

  • Public District Grades KG-5

school-card-donut-4435469
1
/10
  • Lincoln Elementary School

  • 620 Carolina St

  • 1.23 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. The majority of Vallejo, CA residents have income less than $35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 416 Benicia Rd

What is the listing price of this property?

The listing price of 416 Benicia Rd property is $2,995,000.

What type of property is this?

The property 416 Benicia Rd is a house located in Vallejo, California, 94590.

Is this property for sale now?

Active Listing: 416 Benicia Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,711 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 30, 2001 for $449,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 416 Benicia Rd is 1937.
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Rocket HomesCaliforniaSolano CountyVallejo94590416 Benicia Rd

This home is located at 416 Benicia Rd in Vallejo, CA and zip code 94590 in the South Vallejo neighborhood. This home, which was built in 1937, sits on a 0.22 acre lot. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $2,995,000.

Over 34 listings were sold over their listed price in November 2024 in Vallejo, CA. In the same period over 16 listings were sold below the listed price and 12 listings were sold for the listed price. The number of listings in Vallejo, CA decreased by 6% between October 2024 and November 2024. In November 2024 median list price was $525,333 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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