
Benicia, CA 94510
This Residential Income Quadruplex presents a Strong Value Opportunity, listed at $1,099,999—positioned well below the $1,158,444 Fair Market Value by 5%. This valuation gap offers $58,445 in Instant Equity for the savvy buyer. Featuring a Condition Rating of 2 with recent interior and exterior renovations, the property offers a stable, turnkey asset. With a high-demand unit mix of four 2-bedroom/1-bath units, this is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking long-term appreciation in a prime waterfront market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 582 E H St Subject | $1,099,999* List Price | 0 | 0 | 2,968 | $390 | - |
A 656 E K Street Pending | $799,000 List Price | 0 | 0 | 1,978 | $404 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1967, the property has undergone recent renovations within the last 5 years. Interior photos show modern bathroom updates including new shaker-style vanities, contemporary fixtures, and luxury vinyl plank flooring. The exterior also features updated dual-pane windows and well-maintained stucco.
Situated in a highly desirable waterfront community with top-rated schools and proximity to downtown Benicia, ensuring strong tenant demand and long-term appreciation.
The property consists entirely of two-bedroom, one-bathroom units, which is a highly marketable configuration that appeals to a wide range of renters in the Bay Area.
Each unit includes dedicated carport parking with storage and access to common laundry facilities, providing significant convenience that enhances tenant retention.
Built in 1967, the property may require ongoing capital expenditures for systems maintenance and structural updates typical of buildings of this vintage.
With units averaging approximately 742 square feet for a two-bedroom layout, the interior space may be perceived as small for families or tenants seeking more spacious accommodations.
582 East H Street is an updated four plex located in Benicia, CA, a charming small-town atmosphere located in a picturesque waterfront area on the Carquinez Strait. It has a rich history as a former state capital. It offers highly-rated public schools and a family-friendly environment, along with abundant outdoor recreation, a vibrant arts and culture scene, and convenient access to other major Bay Area cities. The community enjoys a slower pace of life with unique local businesses and a strong sense of community. The competitive housing market and historical, thriving arts downtown makes this an attractive investment opportunity in the heart of Benicia. This amazing property sits on a quiet, tree-lined neighborhood just minutes from downtown Benicia. The property consists of 4 units comprised entirely of two-bedroom/one-bath units, each of approximately 742 square feet. Each unit has one dedicated carport with storage available and tandem space for additional cars. A common laundry room is located adjacent to carport. This property is a fantastic opportunity for any investor looking for an amazing location and great unit mix in one of the most prime cities in California.
No exterior & parking available.
No sensitive facilities data found.
Aug 28, 2026
$1,099,999
Initial Listing
Nov 17, 2016
$760,000
Public Record
Nov 29, 2000
$475,000
Public Record
Aug 8, 1996
$245,000
Public Record