1216 Sycamore Drive 4, Antioch, California 94509, Antioch, 94509 - 2 bed, 1 bath
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Antioch, California 94509
This Tenant-Occupied Residential Asset is listed at $159,999, currently positioned above the $140,929 Fair Market Value. Despite the pricing variance, the property delivers a compelling 10.2% estimated cap rate, providing immediate cash flow within a gated community. The Fair Condition Rating confirms the unit is functional but dated, consistent with its 1969 construction. Community amenities include a pool and clubhouse, with HOA dues covering essential utilities to simplify operations. This turnkey opportunity is a strategic acquisition for Buy-and-Hold Investors or Income-Focused Buyers seeking high-yield entry into the Antioch market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1216 Sycamore Drive 4 Subject | $159,999* List Price | 2 | 1 | 925 | $152 | - |
A 2101 Lemontree Way 3 Sold | $138,000 | 2 | 1 | 903 | $153 | 0.0 mi |
B 1214 Sycamore Dr 3 Sold | $160,000 | 2 | 1 | 903 | $177 | 0.0 mi |
C 2405 Peppertree Ct 4 Sold | $121,500 | 2 | 1 | 925 | $131 | 0.3 mi |
D 2209 Peppertree Way 1 Sold | $112,500 | 2 | 1 | 822 | $137 | 0.2 mi |
E 2301 Lemontree Way 1 Sold | $118,000 | 2 | 1 | 822 | $144 | 0.2 mi |
F 2401 Peppertree Ct 4 Sold | $125,000 | 2 | 1 | 925 | $135 | 0.2 mi |
G 2209 Peppertree Way 4 Active | $185,000 List Price | 2 | 1 | 925 | $200 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1969, this property is aged but functional, aligning with the 'Fair' condition category. While marketed as a turnkey investment opportunity and currently tenant-occupied, the interior finishes, kitchen cabinetry, and bathroom fixtures appear dated and consistent with a property that has not undergone a comprehensive renovation in the last 15 to 30 years. The systems are functional for rental purposes, but the property shows typical wear and aesthetic obsolescence for its age.
The property offers a significant estimated cap rate of 10.2% and comes tenant-occupied, providing immediate cash flow and a turnkey opportunity for investors.
Listed at $159,999, this 2-bedroom condo represents an exceptionally low price point for the California market, making it accessible for entry-level investors.
The gated community features a pool and clubhouse, with HOA dues covering essential utilities like water, garbage, and sewer, which simplifies property management.
The property was recently sold within the past year on 2025-04-30. The sold price is $143,000.00.
At $697 per month, the association fees are quite high relative to the purchase price, which may impact a buyer's financing qualification and net monthly profit.
The assigned public schools have low ratings ranging from 2 to 3, which could limit the property's appeal to families and affect long-term appreciation potential.
investment opportunity in a gated Antioch condo community. Community amenities include a pool, clubhouse, and on-site laundry facilities, with HOA dues covering water, garbage, and sewer, helping reduce operating expenses. Tenant-occupied property offering an estimated cap rate of approximately 10.2%. Conveniently located near shopping, dining, and commuter routes. Turnkey opportunity for investors
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 925 | 903 | 60% |
| Lot Size | - | - | 50% |
| Price | $160.0K | $160.0K | 47% |
| Price per sq ft | $173 | $177 | 47% |
| Built year | 1969 | 1969 | 50% |
| HOA | $697.0 | $525 | 67% |
| Days on market | 43 | 194 | 13% |
Mar 10, 2026
$159,999
Initial Listing
Apr 30, 2025
$143,000
Public Record
Apr 7, 2023
$210,000
Public Record
Aug 9, 2019
$190,000
Public Record
Aug 15, 2014
$79,000
Public Record
Jul 19, 2012
$43,500
Public Record
Sep 12, 2008
$51,000
Public Record
Apr 29, 2005
$207,000
Public Record