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1600 Aster Dr
Antioch, CA 94509
ReNew Aster · Multifamily Property For Sale · 84 Units

INVESTMENT HIGHLIGHTS

  • 84 assigned covered parking spots/37 visitor parkings
  • ± 7 Year old roof
  • Low vacancy

PROPERTY FACTS

No. Units 84
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 3.27 AC
Building Size 61,660 SF
Average Occupancy 98%
No. Stories 2
Year Built/Renovated 1971/2015
Parking Ratio 1.44/1,000 SF
Zoning R-4, Antioch

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Storage Space
  • Heating
  • Ceiling Fans
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Double Pane Windows
  • Patio

SITE AMENITIES

  • Controlled Access
  • Clubhouse
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Sauna
  • Spa
  • Recycling
  • Maintenance on site

ABOUT 1600 ASTER DR , ANTIOCH, CA 94509

1600 Aster Dr is a wonderful opportunity to purchase a high cash flowing asset in an up and coming area. The property consists of 9 building, with a total of ±62,140SF on a ±142,311 SF parcel. Property is comprised of (28) 1 bedroom/ 1 bath units, (48) 2 bedroom/ 1 bath units, (4) larger 2 bedroom/2 bath units and (4) spacious 3 bedroom/ 2 bath units. The upper units have balconies, while the lower unit a large patio. Amenities include an on-site laundry facility, pool and gym. Property boasts a tremendous amount of parking, with two gated entrances. Crestview Pines is a well maintained apartment building, located in a desirable rental area of Antioch, California. The two story wood frame construction property was constructed in 1971 and is set on concrete slab foundations. Each unit includes covered parking and AC. Approximately 50% of the apartments have been upgraded with new floors, counter tops and cabinets. There are several income streams, including but not limited to laundry, pet income and utility expense recapture. PG&E is separately metered, while water and trash removal are provided as a tenant convenience. Complex is located in a transit-oriented community and is situated approximately 3.6 miles from BART station. This station connects eastern Contra Costa County to San Francisco and Silicon Valley. Antioch is located 20 miles to to Walnut Creek, one of the premier shopping and dining destinations in the Bay Area, with +/- 2,300,000 square feet of shopping and dining options. The property offers residents convenient access to the major Bay Area Employment Centers via Highway 4, which is just +- 4 miles away. Complex is located in close proximity to shopping and schools.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 28 - 700 - 800
2+1 48 - 790 - 850
2+2 4 - 940
3+2 4 - 1,050

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
074-160-008-4
Land Assessment
$6,367,248
Improvements Assessment
$12,775,056
Total Assessment
$19,142,304
  • Listing ID: 18859793

  • Date on Market: 3/13/2020

  • Last Updated:

  • Address: 1600 Aster Dr, Antioch, CA 94509

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