
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 Condition Rating of 5, this single-story condo requires cosmetic renovations, offering a clear path to forced appreciation. The unit includes a private backyard with water views and an attached two-car garage. Located near Benicia High School (Rating 7), this asset is ideal for Fix-and-Flip Investors or first-time buyers seeking to build equity through strategic improvements.
Property is extensive renovation needed.
Built in 1980 (44 years old) and lacks recent renovations. The listing explicitly states the property needs kitchen and bath improvements, new windows, flooring, and paint to build equity, fitting the criteria for a property needing rehab despite a recently updated heater.
The property features a private backyard with a pergola and beautiful water views, offering a unique and peaceful setting rarely found at this price point in Benicia.
This condo offers a highly functional single-story floor plan with an attached two-car garage, providing excellent accessibility and convenience for a variety of buyers.
The association fee covers essential costs including roof, exterior maintenance, water, and sewer, offering significant long-term value and reduced owner responsibility.
The home needs significant cosmetic updates, including flooring, paint, kitchen, and bathroom improvements, requiring additional capital investment and effort.
The listing indicates a possible short sale, which may involve a more complex, uncertain, and time-consuming closing process compared to a standard transaction.
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