1203 Benton Street

Alameda, CA 94501

$2,385,000
Price
Beds
6,568 Sq. Ft.
$363 / Sq. Ft.
6,568
Sq. Ft.
$363
per Sq. Ft.

Description

Classic mixed use building in the heart of Alameda, centrally located in the historic Morton St station, the property consists of 3 commercial units and 5 residential apartments. The property borders the desirable Gold Coast with local shops, Franklin park and public transportation all within a short distance. Commercial tenants include The Benton, a local bar which occupies 2 spaces and Elegant Nails, residential tenants consisting of 2 studios and three 1 bedroom apartments.Classic mixed use building in the heart of Alameda, centrally located in the historic Morton St station, the property consists of 3 commercial units and 5 residential apartments. The property borders the desirable Gold Coast with local shops, Franklin park and public transportation all within a short distance. Commercial tenants include The Benton, a local bar which occupies 2 spaces and Elegant Nails, residential tenants consisting of 2 studios and three 1 bedroom apartments.
  1. Listed by Vincent Tore San Nicolas • DRE #01230063 • Green Bridge Properties

Property Details for 1203 Benton Street

City
ALAMEDA
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
No Parking
Total # Parking Spaces
0

Location

Listing Courtesy of Green Bridge Properties, Vincent Tore San Nicolas, DRE #01230063
Add your commute
LISTING UPDATED: 04/26/2024 01:18 AM

Property Details for 1203 Benton Street

StatusActive
MLS #41056114
Days on Compass44
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1920
Lot Size0.15 AC / 6,511 SF
CountyAlameda County

Location

Listing Courtesy of Green Bridge Properties, Vincent Tore San Nicolas, DRE #01230063
Add your commute

Building Information for 1203 Benton Street

Stories-Residences8Year Built1920Building Size-Lot Size0.15 AC / 6,511 SF

Payment Calculator

$15,725 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,016

Property Taxes

$2,709

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1203 Benton Street

Features
Feature Details
  • Flooring: Hardwood Floors, Laminate, Linoleum, Tile, Vinyl
Utility Details
  • Cooling: None
  • Heating: See Remarks
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Other
  • City Transfer Tax: Yes
  • Exterior: Stucco, Vinyl Siding
  • Lot Description: Level, Regular
  • Lot Sq Ft Apx: 6511
  • Lot Size Square Feet: 6511.0
  • Roof: Elastomeric
  • Sq Ft Apx: 6568
  • Year Built: 1920
Location Details
  • Directions to Property: Encinal to benton
  • FIPS Code: 06001
  • Census Tract: 4279/3
  • Parcel Number: 72-342-8
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 8
  • Basement: None
  • Separate Meters: Electric, Gas, Water
  • Tenant Pays: Electric, Gas, Water
  • Financial Data Source: Owner, Property Manager
Income / Expense Details
  • Operating Expenses: Accounting/Legal, Electric, Gas, Insurance, License/Ads, Property Tax/Assessments, Utilities, Water
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • On Site Parking Description: None
Income / Expense Details
  • Gross Income: $181,844
  • Gross Rent Multiplier: 13.5
Other Financial Information
  • Cap Rate: 5.30
  • Existing Loan: Other, Private
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1203 Benton Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1203 Benton Street

Taxable ValueLand$455,124Additions$1,792,050Total$2,247,174
Tax Record2023$32,512 ($2,709 / month)
Home Facts
Total Finished SqFt6,568 SqFtAbove Grade Finished SqFt6,568 SqFtStories2Lot Size6,511 SqFtStyleOffice BuildingYear Built1920CountyALAMEDAAPN72-342-8

Schools near 1203 Benton Street

This home is within Alameda Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Franklin Elementary School
PublicK to 5

Will C. Wood Middle School
Public6 to 8

Island High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1203 Benton Street is a multi-family home for sale in Alameda, CA 94501. This property was listed for sale on April 15, 2024 by Green Bridge Properties, it's currently listed at $2,385,000. It has been on the market for a total of 44 days and was last sold on March 30, 2016. This listing's school district is Alameda Unified School District. Nearby schools include Franklin Elementary School, Will C. Wood Middle School and Island High (Continuation) School. 1203 Benton Street is a 0-bed, 0-bath, 6,568 sqft multi-family home built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Green Bridge Properties, Vincent Tore San Nicolas, DRE #01230063

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.