500-522 H St - Apartments FOR SALE


Antioch, CA 94509- Pittsburg/Antioch
$2,400,000 USD
650-208-2155
500-522 H St, Antioch, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/16
null | 7.02% Cap Rate

500-522 H St
Antioch, CA 94509
Pittsburg/Antioch


HIGHLIGHTS

  • 12 total garden style apartment units, consisting of 3 two bedroom units and 9 one bedroom units
  • Well-maintained and low-maintenance property with established tenants
  • 1-story frame and stucco building with wood/Spanish tile veneer, concrete pier foundation, and flat built-up roof
  • Situated in a quiet residential neighborhood, near by Antioch High School, Fremont Elementary, and Antioch Middle School
  • Close proximity to Eastwood Plaza Shopping Center, Antioch Square Shopping Center, and various local dining options
  • Less than 5 minute drive to State Route 4, connecting tenants to Concord, Walnut Creek, and the greater Bay Area

OVERVIEW

500-522 H Street is a well-maintained, low-rise multifamily property located in Antioch, California. The property is situated on a single ±0.80 acre parcel and consists of one-story garden style apartments totaling approximately ±10,675 square feet, originally constructed in 1955. The property comprises 12 residential units with a unit mix of 3 two-bedroom units and 9 one-bedroom units. Unit interiors offer laminate flooring and kitchens equipped with electric appliances. Units are separately metered for water, gas, and electricity. Residents enjoy wall-mounted air conditioners, and utilize wall heaters for space heating. Units include washer/dryer hookups. The asset has demonstrated consistent occupancy and stable in-place cash flow, providing current income. 500-522 H 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 north 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

$2,400,000 USD

PRICE/SF

$225 USD /SF

# OF UNITS

12

PRICE/UNIT

$200,000

CAP RATE

7.02%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

35,000 SF

ZONING

R1, Antioch

APN/PARCEL ID

066-145-002-3

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.