
Antioch, California 94509
This fourplex represents a Strong Value Opportunity, listed at $950,000—positioned above the $869,697 Fair Market Value. While the list price exceeds the current valuation, the property offers a stable $7,300 monthly rent roll and a Condition Rating of 4, providing a solid foundation for a value-add strategy. With four spacious two-bedroom units, this asset is well-positioned for long-term rental growth. It is an ideal acquisition for Buy-and-Hold Investors or Multifamily Portfolio Managers seeking to modernize systems and capture additional upside in a high-demand commuter location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2416 L Street Subject 0 bd · 0 ba · 3,200 sqft · $272 | $950,000* List Price | 0 | 0 | 3,200 | $272 | - |
A 1504 Sycamore Dr Sold 0 bd · 0 ba · 3,700 sqft · $255 · 0.4 mi | $945,000 | 0 | 0 | 3,700 | $255 | 0.4 mi |
B 2208 Spanos St Active 0 bd · 0 ba · 3,300 sqft · $288 · 0.5 mi | $949,000 List Price | 0 | 0 | 3,300 | $288 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986 (38 years old), the property exceeds the 20-year threshold for a 'Good' rating. While the interior shows some updates like laminate flooring and the listing claims it is well-maintained, it is specifically marketed as a 'value-add' asset, indicating that kitchens, baths, and major systems likely require modernization to reach current market standards.
The property is fully occupied with a consistent monthly rent roll of $7,300, providing investors with stable, day-one income and reduced vacancy risk.
Featuring four spacious two-bedroom, two-bathroom units, the layout is highly attractive to modern tenants, offering a competitive edge over standard two-bedroom, one-bathroom alternatives.
Situated near major commuter routes, schools, and shopping centers, the property benefits from high tenant demand and long-term rental growth potential in a convenient Antioch neighborhood.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12800, other record lot size in square feet = 7270.
With all units currently occupied, immediate rent increases may be restricted by existing lease terms, limiting short-term upside for investors seeking rapid appreciation.
Built in 1986, the property is approaching a lifecycle stage where major systems or structural components may require significant updates to maintain operational efficiency.
Excellent AFFORDABLE opportunity to acquire a well-maintained and updated fourplex in a convenient Antioch location. The property features four spacious two-bedroom, two-bath units, all currently occupied, with an in-place monthly rent roll of $7,300. Offering stable income with additional upside potential, this property may appeal to both seasoned investors and buyers seeking a value-add multifamily asset. Its four separate units provide diversified rental income and help reduce vacancy exposure. Conveniently located near shopping, schools, and major commuter routes, the property benefits from steady tenant demand and long-term rental growth potential. A strong investment opportunity with solid fundamentals and room to increase net operating income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,200 | 2,649 |
| Lot Size | 12,800 | 9,963.75 |
| Price | $950.0K | $803.5K |
| Price per sq ft | $297 | $360 |
| Built year | 1986 | 1974 |
| HOA | $0 | $0 |
| Days on market | 39 | 81 |
Sep 15, 2026
$950,000
Initial Listing
Jul 1, 1997
$200,000
Public Record