
Benicia, CA 94510
This property presents a High-Potential Investment Opportunity with a List Price of $539,000—positioned well below the $526,443 Fair Market Value by -2%. Featuring a Poor Condition Rating, this 1980-built condo requires significant cosmetic updates, providing a blank canvas for value-add improvements. The unit offers a rare single-story layout and private backyard with water views. Located near Benicia High School (Rating 7), this asset is ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Property is extensive renovation needed.
Built in 1980 (44 years old), this property falls into the 'Poor' category based on the criteria of being >30 years old and needing rehab. The listing explicitly states it requires kitchen and bath improvements, new flooring, paint, and windows. While the heater is updated, the interior images show dated finishes like popcorn ceilings and old carpeting, indicating the home is in mostly original condition and requires significant updates to be modernized.
The property features a private backyard with a pergola that offers beautiful water views, providing a serene outdoor setting and unique aesthetic appeal for the area.
This rare single-story floor plan includes an attached two-car garage, offering the accessibility and convenience of a detached home within a managed community.
The association fee covers major maintenance items including the roof, exterior, water, and sewer, significantly reducing long-term owner responsibility and unexpected costs.
The interior requires significant investment in flooring, paint, windows, and kitchen/bath remodeling to bring it up to modern standards and realize its full market value.
The property's location near the freeway may result in consistent ambient traffic noise, which could impact the tranquility of the outdoor living spaces.
Opportunity knocks in Benicia's desirable Bay Vista community! This single-story 2-bedroom, 2-bath condo offers approximately 1,138 sq. ft. of living space and is ready for its next chapter. If you've been searching for a home where you can add your own personal style and build equity, this is it. Featuring a functional floor plan, spacious living areas, an attached two-car garage, and an updated heater, this home provides a solid foundation for your vision. While it could benefit from cosmetic updates including flooring, paint, kitchen and bath improvements, windows, and other finishing touches, it has been priced with those improvements in mind. Step outside to enjoy a private backyard with a pergola and beautiful water views beyond the freeway, creating a peaceful backdrop and a unique setting that's hard to find at this price point. The Bay Vista HOA covers roof, exterior maintenance, water, sewer, and common area maintenance, adding exceptional value and convenience. Whether you're a first-time buyer, investor, or someone looking to create your dream home, this is a fantastic opportunity to own in one of Benicia's most sought-after neighborhoods. Don't miss your chance to unlock this home's incredible potential.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,138 | - |
| Lot Size | 4,792 | - |
| Price | $539.0K | $507.1K |
| Price per sq ft | $474 | $419 |
| Built year | 1980 | 0 |
| HOA | $542 | $0 |
| Days on market | 13 | 112 |
Jul 9, 2026
$539,000
Initial Listing