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52 16th Street

Antioch, CA 94509
  • $1,450,000
  • STATUS: Pending
  • ON SITE: 191 Days
  • MLS #: 423900421
Pending
UPDATED: 82 min ago
$1,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Ratings & Info

Description

In place 6.07% cap rate. 52-54 E 16th Street is an easy to manage, fully leased 7-unit multifamily property on an expansive 16,552 square foot lot. The property consists of two buildings, a one 4-bedroom 2-bath house and a one 6-unit building. The 6-unit building is comprised of six spacious 2-bedroom 1-bath units, all with similar floor plan and each approximately 707 square feet. All units are well maintained with recent updates. 14 on-site parking spaces. Flag lot provides private setting. The house features a generous rear yard while a storage shed hints at the potential for an additional dwelling unit (ADU) or convenient laundry room conversion. Ideal investment opportunity with upside potential, just a 6-minute drive from the Antioch BART Station.

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© 2024 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated 2024-03-04T09:19:33.777.
www.sfhothomes.com/homes/142813396
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52 16th Street Antioch, CA 94509

  • Price: $1,450,000
  • Status: Pending
  • On Site: 191 Days
  • Updated: 82 min ago
  • MLS #: 423900421
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Antioch
County:
Contra Costa
Area:
Antioch
Property Description
In place 6.07% cap rate. 52-54 E 16th Street is an easy to manage, fully leased 7-unit multifamily property on an expansive 16,552 square foot lot. The property consists of two buildings, a one 4-bedroom 2-bath house and a one 6-unit building. The 6-unit building is comprised of six spacious 2-bedroom 1-bath units, all with similar floor plan and each approximately 707 square feet. All units are well maintained with recent updates. 14 on-site parking spaces. Flag lot provides private setting. The house features a generous rear yard while a storage shed hints at the potential for an additional dwelling unit (ADU) or convenient laundry room conversion. Ideal investment opportunity with upside potential, just a 6-minute drive from the Antioch BART Station.
Exterior Features

Construction Materials FrameStucco Independent Parking Spaces 14 Lot Features None Parking Features Uncovered Parking Total 14 Roof Shingle Tandem Parking Spaces 0

Interior Features

Rooms Total 16 Unit1 Approx Sq Ft 0 Unit1 Bedrooms 0 Unit1 Full Baths 0 Unit1 Partial Baths 0 Unit1of Rooms 0 Unit2 Approx Sq Ft 0 Unit2 Bedrooms 0 Unit2 Full Baths 0 Unit2 Partial Baths 0 Unit2of Rooms 0 Unit3 Approx Sq Ft 0 Unit3 Bedrooms 0 Unit3 Full Baths 0 Unit3 Partial Baths 0 Unit3of Rooms 0 Unit4 Approx Sq Ft 0 Unit4 Bedrooms 0 Unit4 Full Baths 0 Unit4 Partial Baths 0 Unit4of Rooms 0

Property Features

Cap Rate 6.27 Lease Terms Written Agreements Number Of Units Vacant 0 Property Sub Type 5 or More Units Special Listing Conditions None Subtype Description ApartmentsFlats Tenant Pays ElectricityGas Unit Type Commercial Units Total 0 Unit Type Studio Units Total 0 Unit Type1 Bedroom Units Total 0 Unit Type2 Bedroom Units Total 6 Unit Type3 Bedroom Units Total 0 Unit Type4 Bedroom Units Total 1 Unit1 Rent 0 Unit2 Rent 0 Unit2 Rent1 0 Unit4 Rent 0

Listing provided courtesy of Louis Cornejo of Urban Group Real Estate: .


© 2024 San Francisco Association of REALTORS® Multiple Listing Service. All rights reserved. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS®, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXP Realty. Data last updated 2024-03-04T09:19:33.777.
 
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75 Broadway Suite #202
San Francisco CA, 94111