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809 W 2nd St, Antioch, California 94509, Antioch, 94509 - bed, bath

809 W 2nd St, Antioch, California 94509 home-pic-0
ACTIVE$800,000
809 W 2nd St, Antioch, California 94509
0Bed
0Bath
Sqft
7,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Diversified Income Stream: The property offers a versatile mixed-use investment with two residential units and a commercial space, providing multiple revenue sources and reducing risk.
Top Cons:
Historic Property Age: Built in 1906, the property's age may lead to higher ongoing maintenance costs, potential for outdated systems, and unforeseen repair expenses.

Compared to the nearby listings

Price:$800.0K vs avg $800.0K (+$0)50%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 1906 (119 years old).
Condition: Built in 1906, this is an aged property. While the residential units are described as having 'tasteful updates, freshly painted interiors, classic hardwood floors, and modern appliances,' suggesting a good interior condition for those specific spaces, the commercial Beer Garden area, as seen in images, appears functional but with an older aesthetic. The property is 'beautifully maintained,' but without explicit details or dates for extensive, recent renovations (within the last 5-15 years) of major systems for a building of this age, it falls into the 'Fair' category. Major components are likely functional but may show signs of being outdated, or renovations are older than 15 years.
Year Built
1906
Close
-
List price
$800K
Original List price
$800K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41059009
Home ConditionFair
Features
Good View:
Patio
View-

About this home

Unlock the Potential of 809 West Second St, Antioch! Discover the incredible investment opportunity at 809 West Second St, nestled in the vibrant and up-and-coming Downtown Antioch area! This beautifully maintained mixed-use property offers not just a place to live, but a thriving business venture as well! Property Highlights: Versatile Mixed-Use Investment: Featuring two charming residential units—one spacious 2-bed/1-bath and one cozy 1-bed/1-bath—plus a bustling Beer Garden occupying the ground floor commercial space, currently leased with a 5-year contract starting May 2024! Turnkey Living: Both residential units showcase tasteful updates, with freshly painted interiors, classic hardwood floors, and modern appliances to enhance comfort and appeal. Whether you choose to live in one unit or rent them both, Business Potential: The Beer Garden is a local favorite, providing a lively atmosphere and steady rental income while conveniently covering all its own utilities. Guests will enjoy ample parking both on-site and on the street, making it an attractive destination for patrons. Space to Grow: The property sits on a double lot, presenting exciting possibilities for future development. City of Antioch approval for mixed-use -potential for an 11-22 unit condo project. Views: Downtown

Nearby schools

2/10
Fremont Elementary School
Public,•K-5•0.7mi
2/10
Kimball Elementary School
Public,•K-5•1.1mi
2/10
Antioch Middle School
Public,•6-8•0.9mi
3/10
Antioch High School
Public,•9-12•0.8mi
Condition Rating
Fair
Built in 1906, this is an aged property. While the residential units are described as having 'tasteful updates, freshly painted interiors, classic hardwood floors, and modern appliances,' suggesting a good interior condition for those specific spaces, the commercial Beer Garden area, as seen in images, appears functional but with an older aesthetic. The property is 'beautifully maintained,' but without explicit details or dates for extensive, recent renovations (within the last 5-15 years) of major systems for a building of this age, it falls into the 'Fair' category. Major components are likely functional but may show signs of being outdated, or renovations are older than 15 years.
Pros & Cons

Pros

Diversified Income Stream: The property offers a versatile mixed-use investment with two residential units and a commercial space, providing multiple revenue sources and reducing risk.
Significant Development Potential: Situated on a double lot with City of Antioch approval for an 11-22 unit condo project, presenting substantial future value and expansion opportunities.
Stable Commercial Tenancy: The ground floor commercial space is leased to a 'local favorite' Beer Garden with a new 5-year contract starting May 2024, ensuring consistent rental income and tenant-covered utilities.
Turnkey Residential Units: Both residential units are tastefully updated with fresh paint, classic hardwood floors, and modern appliances, enhancing their appeal and readiness for occupancy.
Strategic Downtown Location: Located in the vibrant and 'up-and-coming' Downtown Antioch area, suggesting strong potential for property appreciation and tenant demand.

Cons

Historic Property Age: Built in 1906, the property's age may lead to higher ongoing maintenance costs, potential for outdated systems, and unforeseen repair expenses.
Limited Current Residential Units: With only two residential units, the property's current residential income potential is relatively modest compared to its overall development capacity.
Single Commercial Tenant Reliance: While stable, the commercial income is dependent on a single tenant (the Beer Garden), which could present a risk if the business faces challenges or vacates.

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