510 East N Street, Benicia, CA 94510
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
510 East N Street,Benicia, CA 94510
$3,550,000
- - Beds
- - Baths
- 9,744 sq. ft.
- Multi-family
- Active
Listed by: marc guillon, dervin murphy
Office: north valley real estate advisors
MLS#:326078848
Source:MFMLS
Price summary
- Price:$3,550,000
- Price per sq. ft.:$364.33
About this home
Driftwood Apartments presents the opportunity to acquire a well-maintained 13-unit multifamily property in the desirable waterfront community of Benicia.​ The property consists of twelve two-bedroom, one-bath units and one standalone studio cottage, offering an attractive unit mix with a strong history of tenant performance and ongoing property improvements.​ Ownership has consistently reinvested in the property over the years, with units upgraded as they turn over and numerous improvements made to the buildings and site.​ Notable improvements include an engineered site drainage system, protective roof coatings on two buildings, and regular parking lot sealing and striping approximately every five to six years.​ The property also features mature landscaping and well-maintained common areas.​ Each building is equipped with a washer and dryer (owned) and a 75-gallon hot water heater.​ Additional property features include separately metered units, covered assigned parking, and a dedicated storage unit for each residence, providing conveniences that are attractive to tenants and help differentiate the property within the local rental market.​ Driftwood Apartments benefits from a stable existing tenant base, with all tenants currently paying on time and no outstanding collections or tenant balances owed.​ The combination of consistent ownership maintenance, upgraded units, covered parking, storage, mature landscaping, and a desirable Benicia location provides an investor with a well-positioned multifamily asset offering durable in-place income.​...
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Home facts
- Year built:1968
- Listing ID #:326078848
- Added:1 day(s) ago
- Updated:September 16, 2026 at 01:49 AM
Rooms and interior
- Living area:9,744 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1968
- Building area:9,744 sq. ft.
- Lot area:0.49 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,550,000
- Price per sq. ft.:$364.33
Features and amenities
- Laundry features:Washer/Dryer Owned
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