1504 Sycamore Dr, Antioch, California 94509, Antioch, 94509 - 0 bed, 0 bath
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Antioch, California 94509
This High-Potential Investment Opportunity is a Quadruplex listed at $949,900, which aligns with the $949,900 Fair Market Value. With one vacant unit, this asset offers immediate value-add potential through lease-up at market rates. The property maintains a Condition Rating of 4, indicating a need for capital improvements to modernize the 1977 build. Its strategic location near major commuter routes and essential services ensures consistent tenant demand. This is a stable, income-generating asset ideal for Buy-and-Hold Investors or Value-Add Investors seeking to optimize NOI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1504 Sycamore Dr Subject | $949,900* List Price | 0 | 0 | 3,700 | $257 | - |
A 2208 Spanos St Active | $949,000 List Price | 0 | 0 | 3,300 | $288 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is 47 years old with no evidence of recent extensive renovations. The exterior shows significant age with faded paint, security bars on windows, and visible window AC units, suggesting outdated HVAC systems. The absence of interior photos, particularly of kitchens and bathrooms, strongly implies these areas are original or very dated and would require substantial updates to meet current tenant expectations. The listing's 'value-add' description further supports the need for significant rehabilitation.
A well-located quadruplex offering a clear investment opportunity for both owner-investors and seasoned professionals seeking a stabilized asset with upside potential.
One vacant unit provides a direct path to increase cash flow and Net Operating Income (NOI) by leasing at current market rates.
Existing rent roll from three occupied units ensures immediate revenue generation and a foundation for cash flow.
Built in 1977, the property may require updates to systems or aesthetics to meet modern tenant expectations or address potential deferred maintenance.
The description provides limited details on individual unit conditions or recent renovations, potentially implying unknown capital expenditure requirements for a new owner.
Nearby schools generally have lower ratings, which might impact desirability for some family-oriented tenants or future resale to owner-occupants.
Excellent opportunity to acquire a well-located 4-plex in Antioch with strong in-place income and immediate upside. The property consists of four units, currently three occupied and one vacant, allowing a new owner to quickly add value through lease-up at market rent. Current rent roll includes $1,800, $1,800, and $2,300 per month, with the vacant unit offering the opportunity to further increase cash flow. Ideal for both owner-investors and seasoned investors seeking a stabilized asset with upside potential. Situated in a convenient Antioch location near shopping, schools, and major commuter routes, this property offers steady tenant demand and long-term rental growth potential. Separate units provide diversified income and reduced vacancy risk. Perfect for investors looking for a value-add multifamily asset with strong fundamentals and room to grow NOI.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,700 | 1,650 | 83% |
| Lot Size | 8,700 | 6,363.5 | 67% |
| Price | $949.9K | $617.5K | 83% |
| Price per sq ft | $257 | $292 | 33% |
| Built year | 1977 | 1962 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 144 | 125 | 83% |
Jan 13, 2026
$949,900
Initial Listing
Sep 1, 2016
$454,000
Public Record
Dec 7, 2012
$193,000
Public Record
Nov 21, 2006
$705,000
Public Record
Sep 20, 2004
$600,000
Public Record