1112 E 6th Street Benicia, CA 94510
40 bed / 3 bath / 14,880 Sq. Ft. / 24,999 Sq. Ft., 0.574 acres lot size / Multi-Family
Status: Sold
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Attractive corner lot 16-Unit contemporary Apartment Complex in a well-established & serene Benicia neighborhood with top-rated amenities including parks, schools, shopping and downtown close by. 1112 6th Street, which consists of 3 freestanding buildings on a .57 Acre lot, with eight 3BD/1BA and eight 2BD/1.5BA units, will be delivered with 5 units vacant at close. 8 of the apartments are 2-level townhouse-style units w/private rear patios, 1.5BAs & a shared front garden. The complex also features parking for most tenants, including 7 covered spots, and a commercial laundry room. Per the public tax records, the property measures 14,880 Sq Ft on the interiors, and is located on a 25,000 Sq Ft lot. The complex has a projected gross annual income in the $389,000 range with a projected Cap Rate in the 5.7% range and upside for the next owners. Last sold in 2020, many of the units have been updated, and the previous owners stated they had completed exterior front-building repairs and updates including new Mansard siding, asphalt-replacement, curb drainage, water main pipes, and 2 new staircases. Excellent location, w/easy access to shopping, dining, parks, schools, public transit and freeway access, should provide an attractive tenant offering for years to come.
property details
Type
Multi-Family
Status
Closed
County
Solano
Year Built
1965
Sq. Ft.
14,880
Lot Size
24,999 Sq. Ft., 0.6 acres
Listing Id
324030565
Courtesy Of
Andrew de Vries - Berkshire Hathaway-Franciscan +1 415 585 5200
List Office Phone
+1 (415) 664-9400
Interior Features
Beds
40
Full Baths
3
Living Area Units
Sq. Ft.
Flooring
Carpet
Linoleum
Linoleum
Appliances
Free-Standing Refrigerator
Free-Standing Gas Range
Free-Standing Gas Oven
Free-Standing Gas Range
Free-Standing Gas Oven
Bathrooms Total
3
Exterior Features
Parking
Attached Garage
Stories
2
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Heating
Wall Furnace
Building Area Total
14,880 Sq. Ft.
Architectural Style
Contemporary
2 Story
2 Story
Price History
| date | event | price | source |
|---|---|---|---|
|
08/07/2024
08/07/2024
|
Sold |
$3,530,000
|
San Francisco Association of Realtors |
|
05/16/2024
05/16/2024
|
Pending |
$3,799,000
|
San Francisco Association of Realtors |
|
05/15/2024
05/15/2024
|
Contingent |
$3,799,000
|
San Francisco Association of Realtors |
|
04/26/2024
04/26/2024
|
Active |
$3,799,000
|
San Francisco Association of Realtors |
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Market Trends
Source: Constellation1
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