22 S Lake 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 $1,049,000, positioned slightly above the $1,038,757 Fair Market Value. Despite the minor premium, the property offers a Mint Condition Rating due to a full interior and exterior remodel, ensuring zero deferred maintenance. With one unit currently vacant, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to house-hack. Featuring upgraded electric meters, double-pane windows, and distant hill views, this turn-key complex provides immediate operational efficiency and stable rental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22 S Lake Dr Subject | $1,049,000* List Price | 0 | 0 | 3,300 | $315 | - |
A 914 Marie Ave Active | $929,999 List Price | 0 | 0 | 3,266 | $285 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1968, the property has undergone a full interior and exterior remodel within the last 5 years. The units feature newer kitchens, bathrooms, flooring, and double-pane windows, along with upgraded electrical meters. The listing confirms no deferred maintenance, making it a turn-key, mint-condition investment.
The property is fully remodeled with newer kitchens, bathrooms, flooring, and double-pane windows, offering a move-in ready investment with no deferred maintenance.
With one unit currently vacant, the property provides a rare opportunity for an owner-user to occupy a unit while generating significant rental income from the other three.
Low operating expenses and separate meters for gas and electricity shift utility costs to tenants, maximizing the net operating income for the owner.
The assigned public schools have low ratings ranging from 2 to 3 out of 10, which may limit the property's appeal to families and impact long-term appreciation.
Originally constructed in 1968, the property may eventually require maintenance on aging core infrastructure despite the extensive recent cosmetic and surface upgrades.
Large 4-unit apartment complex with excellent current income and an unbeatable Antioch rental location. The unit mix offers four 2bd/1bth units with up to eight off-street parking spaces. Three units are occupied with great tenants and the 4th unit is vacant making for a perfect set-up for owner-occupants. The property was originally built in 1968, offers approximately 3,300 square feet of rental space, and sits on a 6,860 square foot lot. The property is easy to manage with low operating expenses and tenants pay all gas and electric expense. The units are fully remodeled with newer kitchens, bathrooms, new flooring, double pane windows, upgraded electric meters, mature landscaping, new paint, and more. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,300 | 1,320 |
| Lot Size | 6,860 | 18,750 |
| Price | $1.05M | $651.2K |
| Price per sq ft | $318 | $464 |
| Built year | 1968 | 1954 |
| HOA | $0 | $0 |
| Days on market | 11 | 30 |
Jul 12, 2026
$1,049,000
Initial Listing
Sep 22, 1999
$220,000
Public Record