1500 4Th StBenicia, CA 94510

Property Details for 1500 4Th St

Year built

1969

Property size (Sq ft)

9,441 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 10-unit apartment building located at 1500 E. 4th St., Benicia, CA 94510. The property, built in 1969, consists of three buildings, each two stories high, totaling 9,441 square feet on three separate lots. The complex currently boasts 10 fully occupied units, offering immediate cash flow. Individual unit meters are in place, and a convenient on-site coin-operated laundry adds to the property's appeal. The combined living space is approximately 8,704 square feet. This Class C multifamily property presents a compelling value-add opportunity. Potential investors can increase rental income through strategic unit upgrades and rent adjustments as leases expire. The property benefits from its excellent location in Benicia, within Solano County, a landlord-friendly environment. Its proximity to I-780 ensures easy access to major transportation routes. This is a rare chance to acquire a well-maintained, income-producing asset in a desirable California market. The asking price is $3,100,000. Please note: Do not disturb tenants.

Location Insight

City

Benicia

County

Solano

State

California

Latitude

38.0537

Longitude

-122.147

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