
Antioch, California 94509
This fourplex presents a High-Potential Investment Opportunity with a List Price of $949,000, positioned slightly above the $933,033 Fair Market Value. Featuring a Condition Rating of 3, the property offers Modernized Unit Interiors with updated cabinetry and fixtures. With a 6+ CAP rate and stable, long-term tenants, this asset provides immediate income potential. While school ratings are modest, the functional amenities, including covered parking and private balconies, ensure strong rental demand. This is a stable, income-generating asset ideal for Buy-and-Hold Investors or Income-Focused Portfolios.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2204 Spanos St Subject 0 bd · 0 ba · 3,300 sqft · $283 | $949,000* List Price | 0 | 0 | 3,300 | $283 | - |
A 1504 Sycamore Dr Sold 0 bd · 0 ba · 3,700 sqft · $255 · 0.2 mi | $945,000 | 0 | 0 | 3,700 | $255 | 0.2 mi |
B 2208 Spanos St Active 0 bd · 0 ba · 3,300 sqft · $288 · 0.0 mi | $949,000 List Price | 0 | 0 | 3,300 | $288 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1977, the property has undergone significant interior updates within the 5-15 year range. Units feature newer LVP flooring, updated kitchen cabinetry, and recent appliances. The property is well-maintained and move-in ready, though wall heaters indicate older mechanical systems.
The property offers a robust 6+ CAP rate with a history of long-term tenant stability, making it a high-performing asset for income-focused investors.
Units are well-maintained and updated with oak cabinetry, granite-look laminate countertops, and newer fixtures, providing a turnkey appeal for new ownership.
The fourplex features covered parking, private outdoor spaces (balconies or fenced yards), and a partially gated community, which enhances tenant retention and security.
The property is served by schools with low ratings (2-3 out of 10), which may limit the appeal to families and impact long-term property appreciation.
Long-term self-management and an owner-managed HOA can often lead to below-market rental rates and inconsistent maintenance standards compared to professional oversight.
Here is your opportunity to own a fourplex property in Antioch with a 6+CAP rate. Each unit is nicely updated with appealing kitchen and bathroom amenities such as oak cabinetry, granite-look laminate counters, dishwasher, newer fixtures. Two of the units have small upstairs balconies. Two units have a small fenced yard. There are 4 covered parking spaces plus room for an extra car to park behind each one. The community is partially gated making it a little harder to get inside the community if you don't belong there. There is a shared coin-op laundry room on-site. Unit 1 has the most recent updating. Two tenants have been very long-term. The property has been self managed for years. The HOA is owner managed at $325/month.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.0 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,300 | 2,649 |
| Lot Size | 8,370 | 9,963.75 |
| Price | $949.0K | $803.5K |
| Price per sq ft | $288 | $360 |
| Built year | 1977 | 1974 |
| HOA | $0 | $0 |
| Days on market | 24 | 81 |
Sep 30, 2026
$949,000
Initial Listing
Dec 31, 2020
$425,000
Public Record
Jun 24, 2011
$227,000
Public Record
May 7, 2004
$600,000
Public Record