Capri Apartments 20 E 16th St 21 Unit Apartment Building $4,100,000 ($195,238/Unit) 6.13% Cap Rate Antioch, CA 94509

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.