20 E 16th St - Apartments FOR SALE


Antioch, CA 94509- Pittsburg/Antioch
$4,100,000 USD
650-208-2155
20 E 16th St, Antioch, CA for Sale
$4,100,000 USD
Apartments - FOR SALE
1/15
null | 6.13% Cap Rate

20 E 16th St
Antioch, CA 94509
Pittsburg/Antioch


HIGHLIGHTS

  • 21 total units, consisting of 5 two bedroom units and 16 one bedroom units
  • Well-maintained and low-maintenance property with established tenants
  • 20 total parking spaces, including 11 covered parking spaces and 9 surface parking spaces
  • On-site laundry room, a convenient amenity that adds consistent monthly income
  • Close proximity to Eastwood Plaza Shopping Center, Antioch Square Shopping Center, and various local dining options
  • Less than 5 minutes to State Route 4, connecting tenants to Concord, Walnut Creek, and the greater Bay Area

OVERVIEW

20 E 16th Street is a well-maintained, low-rise multifamily property located in Antioch, California. The property is situated on a single ±0.49 acre parcel and consists of a two-story residential building totaling approximately ±14,309 square feet, originally constructed in 1960. The property comprises 21 residential units with a favorable unit mix of 5 two-bedroom units and 16 one-bedroom units. Unit interiors offer laminate flooring and kitchens equipped with electric appliances. Units are separately metered for water, gas, and electricity, include through-the-wall air conditioners, and utilize wall heaters for space heating. Property amenities include on-site laundry facilities and a total of 20 parking spaces, consisting of 11 covered carport spaces and 9 surface parking spaces. 20 E 16th Street is located in the City of Antioch, an established East Bay community in eastern Contra Costa County, approximately 45 miles northeast of San Francisco and 30 miles northeast of Oakland. The property is positioned along the Highway 4 corridor, offering convenient access to major employment centers throughout the East Bay, Oakland, San Francisco, and the greater Bay Area. This regional connectivity supports stable rental demand while providing a more affordable alternative to core urban markets. Antioch offers a suburban residential environment with access to neighborhood retail, public schools, public transportation including BART and Tri Delta Transit and outdoor amenities such as Contra Loma Regional Park and the San Joaquin River waterfront. Limited new multifamily development and sustained housing demand continue to support strong occupancy fundamentals and long-term investment stability.

FOR SALE DETAILS

PRICE

$4,100,000 USD

PRICE/SF

$287 USD /SF

# OF UNITS

21

PRICE/UNIT

$195,238

CAP RATE

6.13%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capri Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

R-50

APN/PARCEL ID

065-183-027-5

ASK ABOUT THIS PROPERTY

Alex BarreiroBerkshire Hathaway HomeServices Drysdale PropertiesMore Info
650-208-2155

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Alex BarreiroBerkshire Hathaway HomeServices Drysdale PropertiesMore Info
650-208-2155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.