Casa Bonita 1017 H St 24 Unit Apartment Building $5,250,000 ($218,750/Unit) 6.33% Cap Rate Antioch, CA 94509

1017 H Street is a well-maintained, low-rise multifamily property located in Antioch, California. The property is situated on a single ±0.65 acre parcel and consists of a two-story residential building totaling approximately ±19,472 square feet, originally constructed in 1970.
The property comprises 24 residential units with a favorable unit mix of 22 two-bedroom units and 2 one-bedroom units. Unit interiors offer laminate flooring and kitchens equipped with electric appliances. Units are separately metered for gas and electricity, include individual water heaters, through-the-wall air conditioners, and utilize wall heaters for space heating.
Property amenities include on-site laundry facilities, community pool, and a total of 27 parking spaces, consisting of 8 covered carport spaces and 19 surface parking spaces.
1017 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 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.