Multifamily Housing - For Sale
420 Benicia Road Vallejo, CA 94590
Details & Description
Price: $2,725,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.220
  • Building Sq Ft 8,060
  • Building Price per Sq Ft $338.09
  • Land Sq Ft 9,583
  • Land Price per Sq Ft $284.36
Berger & Associates of NAI Northern California proudly presents 416-420 Benicia Road in Vallejo, CA. This is a rare high-cash-flow Bay Area investment opportunity with a 7.57% cap rate. The offering consists of 16 total units, but because they are spread over two separate parcels, no on-site manager is required.The current owner has consistently made upgrades and renovations to the interior and exterior of each unit including new laminate flooring and dual-pane windows as well as upgraded bathrooms, light fixtures, kitchen and vanity cabinets, and appliances.
Property Highlights
Listing Agents
Garrett Blair

O: 510-817-2207
M: 949-300-5610
gblair@nainorcal.com
Ethan Berger

O: 510-972-4952
M: 925-588-9740
ethan@nainorcal.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

420 Benicia Road

Vallejo, CA 94590

Listing ID: 250196
$2,725,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.220
  • Building Sq Ft 8,060
  • Building Price per Sq Ft $338.09
  • Land Sq Ft 9,583
  • Land Price per Sq Ft $284.36
  • 420 Benicia Road Vallejo, CA 94590 | for Sale | Photo 1
  • 420 Benicia Road Vallejo, CA 94590 | for Sale | Photo 2
  • 420 Benicia Road Vallejo, CA 94590 | for Sale | Photo 3
420 Benicia Road | for Sale | Thumbnail 1
420 Benicia Road | for Sale | Thumbnail 2
420 Benicia Road | for Sale | Thumbnail 3
Property Highlights
 16 units on two parcels, so on-site manager not required
 7.57 cap rate
 All carpeting replaced with laminate flooring
 All windows, except for two, now dual pane
 Many updated appliances and light fixtures
 Ideal unit mix of studios, 1-bedroom, and 2-bedroom units
Description

Berger & Associates of NAI Northern California proudly presents 416-420 Benicia Road in Vallejo, CA. This is a rare high-cash-flow Bay Area investment opportunity with a 7.57% cap rate. The offering consists of 16 total units, but because they are spread over two separate parcels, no on-site manager is required.

The current owner has consistently made upgrades and renovations to the interior and exterior of each unit including new laminate flooring and dual-pane windows as well as upgraded bathrooms, light fixtures, kitchen and vanity cabinets, and appliances.

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Oakland History of Multifamily Housing for Sale

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Vallejo Area Market Trends

Listing Demographics for 420 Benicia Road Vallejo, CA 94590

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population20,621107,025178,646
Population Median Age384040
Population by Age0-9 Yrs2509 (12%)11837 (11%)20448 (11%)
10-19 Yrs2567 (12%)11894 (11%)21163 (11%)
20-29 Yrs3241 (15%)15813 (14%)25158 (14%)
30-39 Yrs2590 (12%)14748 (13%)23322 (13%)
40-49 Yrs2911 (14%)12926 (12%)21948 (12%)
50-59 Yrs2521 (12%)14304 (13%)24959 (13%)
60-69 Yrs2579 (12%)14672 (13%)23994 (13%)
70+ Yrs1703 (8%)10832 (10%)17655 (9%)
Median HH Income$59,485$66,901$74,505
Total Household Income< 24K1492 (20%)6978 (17%)9444 (14%)
25-49K1484 (20%)7794 (19%)11355 (17%)
50-74K1731 (24%)7092 (18%)10999 (17%)
75-99K966 (13%)5410 (13%)9019 (14%)
100-199K1166 (16%)9311 (23%)16491 (26%)
200K+299 (4%)2498 (6%)5854 (9%)
Highest Education LevelNo Diploma2379854613317
Diploma or GED39781898329354
Some College40942016432276
Assoc. Degree1260751312935
Bachelors Degree16041420725628
Higher Degree605628511446
Total Housing Units7,76441,83966,647
--Owner-Occupied3,67920,66137,035
--Renter-Occupied3,46018,42326,127
Owner-Occupied Values< 100K45314272125
100-199K45414701973
200-299K103033395054
300-399K109451798170
400-499K45947127609
500K+189453412102
Total Working Age Population16,64288,134145,662
In Work Force10,69056,23993,301
Not In Work Force5,95231,89452,362
Workforce Employed9,84251,90086,469
Workforce Unemployed8454,2506,699
Civlian Workforce10,68756,15093,168
Military Workforce390133
Total Households7,13939,08463,162
Family Households4,43325,16043,280
Non-Family Households2,70613,92419,882
Married Couple2,50515,67828,479
Other Family1,9289,48314,801
Married w/Child9425,15210,243
Single Male w/Child3071,3652,090
Single Female w/Child6543,1954,802

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
California33,871,648+1037,253,956+940,467,295+843,631,295
Contra Costa County948,816+111,049,025+121,171,305+111,296,786
Napa County124,279+10136,484+4141,701+5149,289
Solano County394,542+5413,344+9449,432+11499,633

Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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1919 Curtis Street, Berkeley, CA $2,800,000 7364 -
Closest Commercial Airports
Airport Distance (mi)
Metropolitan Oakland International Airport (OAK) 26
San Francisco International Airport (SFO) 34
Norman Y. Mineta San Jose International Airport (SJC) 53