
Benicia, CA 94510
This property presents a Strong Value Opportunity with a List Price of $770,000—positioned well below the $704,235 Fair Market Value (Note: Market data indicates a competitive entry point for the area). While the home maintains a Condition Rating of 4, it features significant infrastructure upgrades including new electrical, plumbing, and foundation work. This Value-Add Asset allows for immediate cosmetic personalization to capture neighborhood appreciation. It is an ideal project for Buy-and-Hold Investors or Owner-Occupants seeking to build equity in a prime coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 836 W 8th Street Subject | $770,000* List Price | 3 | 2 | 1,498 | $470 | - |
A 921 W K Street Sold | $870,000 | 3 | 2 | 1,768 | $492 | 0.2 mi |
B 430 W J Street Sold | $659,000 | 3 | 2 | 1,176 | $560 | 0.5 mi |
C 412 Canyon Court Sold | $855,500 | 3 | 2 | 1,776 | $482 | 1.0 mi |
D 1155 Daniel Hills Court Active | $895,000 List Price | 3 | 3 | 1,894 | $473 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1943, the home features excellent recent infrastructure upgrades including new HVAC, electrical, foundation repair, and windows. However, the kitchen and bathrooms are original/dated (exceeding 30 years) and require cosmetic renovation, though the home remains functional and move-in ready.
Situated on a desirable corner lot along Benicia's Bay Trail, the property offers exceptional access to the waterfront, parks, and beaches, enhancing its lifestyle appeal.
Significant high-cost items including a new electrical system, main sewer line, foundation repair, and high-efficiency windows have already been completed, reducing future capital expenditure.
Priced below the neighborhood average of $850,000 to $1,000,000+, this home provides a rare opportunity for investors or owner-occupants to build immediate equity through cosmetic renovations.
The kitchen and bathrooms remain in their original 1943 state, requiring a full cosmetic overhaul and modern design vision to reach the home's full market potential.
Although the property features new ductwork and is 'A/C ready,' the actual central air conditioning unit has not been installed, necessitating additional buyer expense for climate control.
Prime Benicia Location Near the Waterfront Ideally situated on a desirable corner lot along Benicia's Bay Trail, this move-in-ready 3-bedroom, 2-bath home offers an exceptional location just one block from 9th Street Park, the boat launch and beach, and one block from public waterfront access. The home has had several significant improvements completed within the past three years. Updates include a replaced main sewer line, upgraded electrical system, newer water heater, professional foundation repair, brand-new furnace with all-new ductwork and central A/C readiness, a premium whole-house water filtration system, high-efficiency replacement windows throughout, and wool carpeting. Inside, the home offers three comfortable bedrooms, two full and functional bathrooms, a generous layout, and abundant natural light. The kitchen and bathrooms are older and provide an opportunity for future cosmetic updates to suit your personal style, but the home is comfortable and ready to enjoy as it is. Priced at $770,000, the property offers an attractive opportunity to own in a neighborhood where many surrounding homes are valued from approximately $850,000 to over $1 million. Rather than taking on major renovations from day one, a new owner can move in now and make updates over time. Just outside your door, enjoy the Bay Trail and easy access to the waterfront, 9th Street Park, the beach, boating, local schools, and Benicia's vibrant downtown. With its combination of location, substantial recent improvements, and potential to personalize over time, this home offers a rare opportunity to settle into one of Benicia's most desirable areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.4 |
| Square foot | 1,498 | 1,892.892 |
| Lot Size | 6,098 | 7,781.649 |
| Price | $770.0K | $859.5K |
| Price per sq ft | $514 | $431 |
| Built year | 1943 | 1978 |
| HOA | $0 | $185 |
| Days on market | 12 | 40 |
Aug 28, 2026
$770,000
Initial Listing
Aug 11, 2023
$600,000
Public Record