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Investment Highlights

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

Executive Summary

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 and a total of 12 surface parking spaces. 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.

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Property Facts

Price $2,400,000
Price Per Unit $200,000
Sale Type Investment
Cap Rate 7.02%
Gross Rent Multiplier 9.42
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.80 AC
Building Size 10,675 SF
Average Occupancy 100%
No. Stories 1
Year Built 1955
Parking Ratio 1.12/1,000 SF
Zoning R1, Antioch

Amenities

Unit Amenities

  • Air Conditioning
  • Washer/Dryer Hookup
  • Heating
  • Ceiling Fans
  • Refrigerator
  • Range
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - 900
1+1 9 - 825 - 1,000
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
066-145-002-3
Land Assessment
$580,292
Improvements Assessment
$847,225
Total Assessment
$1,427,517
  • Listing ID: 41052658

  • Date on Market: 6/25/2026

  • Last Updated:

  • Address: 500-522 H St, Antioch, CA 94509

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