2118 Peppertree Way 1, Antioch, California 94509, Antioch, 94509 - 2 bed, 1 bath
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2118 Peppertree Way 1
Antioch, California 94509
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
822Sq Ft
0Lot Size
Property Price
LIST PRICE$145,000
EST. MARKET VALUE
$162,198
10% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a turnkey Condominium listed at $145,000, positioned well below the $162,199 Fair Market Value by 10%. This valuation gap offers $17,199 in Instant Equity. Featuring a Mint Condition Rating with modern stone counters and central heat, the unit is currently generating $2,100 in monthly rent. With a community pool and ground-floor accessibility, this asset provides immediate cash flow. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, income-producing property.
Estimated Market Value
$162,198+$17,198 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Antioch.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2118 Peppertree Way 1 Subject 2 bd · 1 ba · 822 sqft · $197 | $145,000* List Price | 2 | 1 | 822 | $197 | - |
A 2205 Lemontree Way 3 Sold 2 bd · 1 ba · 903 sqft · $158 · 0.0 mi | $143,000 | 2 | 1 | 903 | $158 | 0.0 mi |
B 2408 Lemontree Ct 1 Sold 2 bd · 1 ba · 822 sqft · $207 · 0.2 mi | $170,000 | 2 | 1 | 822 | $207 | 0.2 mi |
C 2313 Peppertree Way 1 Sold 2 bd · 1 ba · 822 sqft · $219 · 0.1 mi | $180,000 | 2 | 1 | 822 | $219 | 0.1 mi |
D 2205 2205 Peppertree Way 1 Sold 2 bd · 1 ba · 822 sqft · $191 · 0.0 mi | $157,000 | 2 | 1 | 822 | $191 | 0.0 mi |
E 2118 Peppertree Way 4 Pending 2 bd · 1 ba · 925 sqft · $149 · 0.0 mi | $138,000 List Price | 2 | 1 | 925 | $149 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1969, the property has undergone a recent modern renovation. The kitchen features updated white cabinetry, new stone countertops, a contemporary herringbone tile backsplash, and new flooring. The unit is in mint, turnkey condition requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Investment Yield
With a list price of $145,000 and a current rental income of $2,100 per month, this property offers a high rent-to-price ratio, making it an attractive turnkey opportunity for investors seeking immediate cash flow.
- Accessibility and Layout
The ground-floor, end-unit location with no steps to entry provides superior accessibility and increased privacy compared to interior units, appealing to a wider demographic of tenants.
- Modernized Interior Features
The inclusion of stone countertops and central heating ensures the unit meets modern tenant expectations, reducing the need for immediate capital improvements.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $699 monthly association fee is significant relative to the purchase price, which may compress net profit margins and impact the overall affordability for some buyers.
- Underperforming School District
The assigned public schools carry low ratings (2-3 out of 10), which could limit the property's appeal to families and potentially hinder long-term capital appreciation.
About 2118 Peppertree Way 1
Turnkey investment in Antioch! This ground floor, end unit condo offers 2 beds, 1 bath, and 822 sq ft with no steps to entry. Features include stone counters, central heat, a garage space with private storage, and a community pool. HOA covers water, sewer, trash, and exterior maintenance. Close to shopping, schools, and freeway access.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1969
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $699.0 / Month
Neighborhood Insights
Antioch Unified Schools
Marsh Elementary School
Grades K-5 • 0.4 mi
2/10
Park Middle School
Grades 6-8 • 0.8 mi
2/10
Antioch High School
Grades 9-12 • 0.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.1 |
| Square foot | 822 | 881.6 |
| Lot Size | - | 3,325.125 |
| Price | $145.0K | $184.3K |
| Price per sq ft | $176 | $218 |
| Built year | 1969 | 1971 |
| HOA | $699.0 | $649 |
| Days on market | 26 | 75 |
Pricing History
Listed for Sale
Sep 28, 2026
$145,000
Initial Listing
Sold
Jan 6, 2025
$170,000
Public Record
Sold
Jul 9, 2003
$127,000
Public Record