California / Benicia / 94510 / 1073 West L Street

1073 West L Street

Q: What is the asking price for 1073 West L Street in Benicia?

The asking price for 1073 West L Street is $1,165,000

Q: What is the building size of this Multifamily property in Benicia, CA?

The size of the building/unit at 1073 West L Street in Benicia is 3,640 square feet.

Q: How much land does the Benicia, CA property at 1073 West L Street include?

1073 West L Street in Benicia includes 0.270 acres of land.

Q: What is the population within 1 mile of 1073 West L Street?

The population within 1 mile of 1073 West L Street Benicia, CA 94510 is 10,403 people.

Q: Who do I contact for questions about 1073 West L Street?

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

Benicia, CA 94510

Listing ID: 250200

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Building Size: 3,640 SF

Lot Size: 0.270 AC

Land Size: 11,761 SF

Building $/SF: $320.05

Land $/SF: $99.06

Price

$1,165,000

Property Highlights

Value-add investment opportunity in Benicia, CA

Ideal 2-bedroom, 1.5-bathroom unit mix

Balconies over the carport with views of the Carquinez Strait

On-site coin-op laundry facility

Carport parking for each tenant

Current rents on average $600 below estimated market rents, providing over 40 rental upside for the new owner

Description

Berger Associates is proud to have been selected as the exclusive representation of 1061-1073 West L Street in Benicia, CA. The property represents a very rare opportunity to invest in the Benicia multifamily market, and it consists of two separate duplex structures for a total of four 2-bedroom, 1.5-bathroom units.
Limited landscaping; individual metering of gas and electric for all the units; and no required on-site management keep operating expenses minimal. Current rents are on average $600 below estimated market rents, providing over 40% rental upside for the new owner.

Points of Interest & Demographic Radii

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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 1073 West L Street Benicia, CA 94510

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		10,403	59,153	128,744
Population Median Age		43	43	41
Population by Age	0-9 Yrs	1194 (11%)	5662 (9%)	13267 (10%)
	10-19 Yrs	1185 (11%)	6453 (10%)	14824 (11%)
	20-29 Yrs	951 (9%)	6467 (10%)	16161 (12%)
	30-39 Yrs	937 (9%)	6448 (10%)	16497 (12%)
	40-49 Yrs	1349 (12%)	7562 (12%)	16371 (12%)
	50-59 Yrs	1589 (15%)	9736 (16%)	19058 (14%)
	60-69 Yrs	1894 (18%)	9740 (16%)	18552 (14%)
	70+ Yrs	1304 (12%)	7085 (11%)	14014 (10%)

Median HH Income		$90,336	$95,401	$82,447
Total Household Income	< 24K	442 (10%)	2397 (10%)	6560 (13%)
	25-49K	457 (10%)	2670 (11%)	7215 (15%)
	50-74K	752 (17%)	3583 (15%)	8115 (16%)
	75-99K	890 (20%)	3661 (15%)	7198 (14%)
	100-199K	1094 (24%)	7364 (31%)	13589 (28%)
	200K+	758 (17%)	3601 (15%)	5391 (11%)

Highest Education Level	No Diploma	253	1723	7144
	Diploma or GED	1306	8162	20602
	Some College	1635	10311	23419
	Assoc. Degree	820	5225	10188
	Bachelors Degree	2197	12050	21326
	Higher Degree	1504	6785	10445

Total Housing Units		4,554	24,306	50,730
--Owner-Occupied		2,755	15,843	29,228
--Renter-Occupied		1,638	7,433	18,838
Owner-Occupied Values	< 100K	98	289	1192
	100-199K	39	689	1512
	200-299K	101	828	2760
	300-399K	200	1871	4912
	400-499K	290	3234	6360
	500K+	2025	8933	12494

Total Working Age Population		8,489	49,677	107,109
In Work Force		5,359	31,938	68,281
Not In Work Force		3,130	17,739	38,828
Workforce Employed		5,222	30,359	64,359
Workforce Unemployed		120	1,490	3,797
Civlian Workforce		5,342	31,848	68,156
Military Workforce		17	90	125

Total Households		4,392	23,277	48,067
Family Households		3,086	15,761	31,974
Non-Family Households		1,306	7,516	16,093
Married Couple		2,166	12,233	22,666
Other Family		920	3,528	9,308
Married w/Child		700	3,853	7,603
Single Male w/Child		216	509	1,185
Single Female w/Child		207	1,108	3,167

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
Solano County	394,542	+5	413,344	+9	449,432	+11	499,633

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 1073 West L Street in Benicia?

The asking price for 1073 West L Street is $1,165,000

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

The size of the building/unit at 1073 West L Street in Benicia is 3,640 square feet

How much land does the Benicia, CA property at 1073 West L Street include?

1073 West L Street in Benicia includes 0.270 acres of land

What is the population within 1 mile of 1073 West L Street in Benicia?

The population within 1 mile of 1073 West L Street Benicia, CA 94510 is 10,403 people.

Who do I contact for questions about 1073 West L Street?

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

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1729 Arch Street, Berkeley, CA	CALL	5818	0.14
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Closest Commercial Airports

Airport	Distance (mi)
Metropolitan Oakland International Airport (OAK)	24
San Francisco International Airport (SFO)	33
Norman Y. Mineta San Jose International Airport (SJC)	50