Multifamily Housing
420 Benicia Road Vallejo, CA 94590

Details & Description

Price: $2,725,000

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 ID: 250196
Property URL: melqr.com/250196
Generated: 04-28-24

Property Highlights

• 7.57 cap rate
• All carpeting replaced with laminate flooring
• All windows, except for two, now dual pane
• Many updated appliances and light fixtures

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.

California / Vallejo / 94590 / 420 Benicia Road

420 Benicia Road

Vallejo, CA 94590

Listing ID: 250196

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Building Size: 8,060 SF

Lot Size: 0.220 AC

Land Size: 9,583 SF

Building $/SF: $338.09

Land $/SF: $284.36

Price

$2,725,000

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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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 Population		20,621	107,025	178,646
Population Median Age		38	40	40
Population by Age	0-9 Yrs	2509 (12%)	11837 (11%)	20448 (11%)
	10-19 Yrs	2567 (12%)	11894 (11%)	21163 (11%)
	20-29 Yrs	3241 (15%)	15813 (14%)	25158 (14%)
	30-39 Yrs	2590 (12%)	14748 (13%)	23322 (13%)
	40-49 Yrs	2911 (14%)	12926 (12%)	21948 (12%)
	50-59 Yrs	2521 (12%)	14304 (13%)	24959 (13%)
	60-69 Yrs	2579 (12%)	14672 (13%)	23994 (13%)
	70+ Yrs	1703 (8%)	10832 (10%)	17655 (9%)

Median HH Income		$59,485	$66,901	$74,505
Total Household Income	< 24K	1492 (20%)	6978 (17%)	9444 (14%)
	25-49K	1484 (20%)	7794 (19%)	11355 (17%)
	50-74K	1731 (24%)	7092 (18%)	10999 (17%)
	75-99K	966 (13%)	5410 (13%)	9019 (14%)
	100-199K	1166 (16%)	9311 (23%)	16491 (26%)
	200K+	299 (4%)	2498 (6%)	5854 (9%)

Highest Education Level	No Diploma	2379	8546	13317
	Diploma or GED	3978	18983	29354
	Some College	4094	20164	32276
	Assoc. Degree	1260	7513	12935
	Bachelors Degree	1604	14207	25628
	Higher Degree	605	6285	11446

Total Housing Units		7,764	41,839	66,647
--Owner-Occupied		3,679	20,661	37,035
--Renter-Occupied		3,460	18,423	26,127
Owner-Occupied Values	< 100K	453	1427	2125
	100-199K	454	1470	1973
	200-299K	1030	3339	5054
	300-399K	1094	5179	8170
	400-499K	459	4712	7609
	500K+	189	4534	12102

Total Working Age Population		16,642	88,134	145,662
In Work Force		10,690	56,239	93,301
Not In Work Force		5,952	31,894	52,362
Workforce Employed		9,842	51,900	86,469
Workforce Unemployed		845	4,250	6,699
Civlian Workforce		10,687	56,150	93,168
Military Workforce		3	90	133

Total Households		7,139	39,084	63,162
Family Households		4,433	25,160	43,280
Non-Family Households		2,706	13,924	19,882
Married Couple		2,505	15,678	28,479
Other Family		1,928	9,483	14,801
Married w/Child		942	5,152	10,243
Single Male w/Child		307	1,365	2,090
Single Female w/Child		654	3,195	4,802

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
California	33,871,648	+10	37,253,956	+9	40,467,295	+8	43,631,295
Contra Costa County	948,816	+11	1,049,025	+12	1,171,305	+11	1,296,786
Napa County	124,279	+10	136,484	+4	141,701	+5	149,289
Solano County	394,542	+5	413,344	+9	449,432	+11	499,633

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.

Common Questions and Answers

What is the asking price for 420 Benicia Road in Vallejo?

The asking price for 420 Benicia Road is $2,725,000

What is the building size of this Multifamily property in Vallejo, CA?

The size of the building/unit at 420 Benicia Road in Vallejo is 8,060 square feet

How much land does the Vallejo, CA property at 420 Benicia Road include?

420 Benicia Road in Vallejo includes 0.220 acres of land

What is the population within 1 mile of 420 Benicia Road in Vallejo?

The population within 1 mile of 420 Benicia Road Vallejo, CA 94590 is 20,621 people.

Who do I contact for questions about 420 Benicia Road?

You should contact the listing agent, Garrett Blair, for any details regarding this commercial listing.

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509 Lincoln Road West, Vallejo, CA	$1,545,000	5797	0.22
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3950 Business Center Drive, Fairfield, CA	$23,495,000	60239	5.67
2380 Market Avenue, San Pablo, CA	$1,850,000	5672	0.31
316 Arlington Avenue, Kensington, CA	$1,825,000	3495	0.15
1641 Frisbie Court, Concord, CA	$2,075,000	5760	0.2
1601 Frisbie Court, Concord, CA	$1,650,000	4210	0.14
1729 Arch Street, Berkeley, CA	CALL	5818	0.14
1635 Martin Luther King Junior Way, Berkeley, CA	$3,995,000	7363	0.17
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