$1,550,000 Price Analysis 643 E I StBenicia, CA 94510 6 bed 3 bath 3,304 SqFt ($469/SqFt) 6,156SqFt lot. Built 1970 Listed 2024-05-16, Taxes $7,154 | Ⓧ USDA Ineligible due to price & location near Benicia |
5th unit has rental income of $2, 195. Pride of Ownership units (same owner for 20+years) are located in a neighborhood of attractive custom water-view homes. Views of the bay from upper unit and 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.
Presented by Gerarda Stocking at
STOCKING REALTY.
Property MLS #41060018 from BayEast
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $429,907 + $170,598 $600,505 | $7,154 |
2021 | $421,478 + $167,253 $588,731 | $7,009 |
2020 | $417,157 + $165,539 $582,696 | $6,916 |
2019 | $408,978 + $162,294 $571,272 | $6,796 |
2018 | $400,959 + $159,112 $560,071 | $6,622 |
2017 | $393,098 + $155,993 $549,091 | $6,469 |
2016 | $385,391 + $152,935 $538,326 | $6,526 |
2015 | $379,603 + $150,638 $530,241 | $6,361 |
2014 | $372,168 + $147,688 $519,856 | $6,286 |
2013 | $370,486 + $147,021 $517,507 | $6,007 |
2012 | $363,222 + $144,138 $507,360 | $5,804 |
2011 | $356,100 + $141,312 $497,412 | $5,666 |
2010 | $353,439 + $140,256 $493,695 | $5,630 |
2009 | $354,279 + $140,589 $494,868 | $5,614 |
2008 | $347,332 + $137,832 $485,164 | $5,438 |
2007 | $340,522 + $135,129 $475,651 | $5,317 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.