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- LoopNet Team
500 Texas St
Antioch, CA 94509
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Excellent unit mix consisting of seven 2bd/1bth and one 1bd/1bth.
- Close Proximity to BART, Dining, Freeways, and More.
- Over $30,000 in Yearly Rental Upside.
- Well Maintained Building on an Oversized 11,900 Sq. Ft. Lot- Great Opportunity to Add ADU's.
- Freshly Painted & Coin Operated Laundry Provides Additional Income
PROPERTY FACTS
| No. Units | 8 | Building Size | 5,616 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.19/1,000 SF |
| Lot Size | 0.27 AC | ||
| Zoning | R3 - Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 5,616 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | R3 - Residential |
AMENITIES
SITE AMENITIES
- Laundry Facilities
ABOUT 500 TEXAS ST , ANTIOCH, CA 94509
500 Texas Street is a wonderful opportunity for a new or seasoned investor to purchase a cash flowing asset in an up and coming area. The property is a well maintained apartment building located in a quiet neighborhood of Antioch, California. The two story property was constructed in 1963 of concrete foundation, wood frame and wood siding exterior with a flat roof. The property consists of approximately 5,616 square feet of residential living space spread out on over 11,900 square feet. The property consists of eight units comprised of seven 2bd/1bth units, and one 1bd/1bth unit. There is onsite laundry for additional income, and all of the units have been upgraded over the past few years. The property has ample parking, was recently painted, and is well located next to dining, shopping, public transportation, and much more. Roughly one hour from San Francisco, Antioch is comfortably removed from the larger cities near the coast while maintaining easy access to the Bay Area by road or BART service. The waterfront area along 2nd Street serves as Antioch’s downtown district, full of locally-owned shops, restaurants, and entertainment venues. The El Campanil Theatre serves as a gorgeous landmark and also hosts a packed roster of live events and movie screenings throughout the year. EMAIL STEVEN PINZA, ESQ. FOR A COMPLETE MARKETING PACKAGE
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | 625 |
| 2+1 | 7 | - | 675 |
PROPERTY TAXES
| Parcel Number | 067-291-054-4 | Improvements Assessment | $1,591,812 |
| Land Assessment | $795,906 | Total Assessment | $2,387,718 |
PROPERTY TAXES
