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914 Marie Ave, Antioch, California 94509, Antioch, 94509 - bed, bath

914 Marie Ave, Antioch, California 94509 home-pic-0
ACTIVE$975,000/sqft
914 Marie Ave, Antioch, California 94509
0Bed
0Bath
Sqft
7,405Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Quadruplex: A four-unit residential income property offering significant investment potential and steady cash flow.
Top Cons:
Landlord-Covered Utilities: The landlord is currently responsible for water and trash expenses, impacting net operating income.

Compared to the nearby listings

Price:$975.0K vs avg $742.5K (+$232,500)75%
Size: sqft vs avg sqft50%
Price/sqft:$0 vs avg $050%

More Insights

Built in 1960 (66 years old).
Condition: Built in 1960, this property is aged. While 'multiple units feature recent upgrades such as laminate flooring and updated kitchens' and the images show clean, functional, and cosmetically updated kitchens and bathrooms, the overall property, including the exterior and major systems like the visible window AC units and wall heaters, indicates an older structure that has not undergone a full, extensive renovation. The property is maintained and livable, but major components show signs of being outdated, aligning with a 'Fair' condition.
Year Built
1960
Close
-
List price
$975K
Original List price
$975K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41120497
Home ConditionFair
Features
View-

About this home

Fantastic investment opportunity in Antioch! This residential income property offers four units, including one detached 2-bedroom, 1-bath home that makes a perfect owner’s or manager’s unit—live in one and rent out the other three. Each unit is approximately 800 sq ft with two bedrooms, one bathroom, and a dedicated covered parking space. Multiple units feature recent upgrades such as laminate flooring and updated kitchens. Sitting on a corner lot along a quiet street, the property provides great curb appeal and solid rental potential. Two units are currently vacant, giving you the flexibility to set new rents right away. Each unit has its own gas meter, while the landlord currently covers water and trash. Whether you’re an owner-occupant looking to offset your mortgage or an investor seeking steady cash flow, this 4-plex is a strong addition to any portfolio

J
Jon Ahern
Listing Agent

Nearby schools

2/10
Kimball Elementary School
Public,•K-5•0.3mi
2/10
Antioch Middle School
Public,•6-8•0.7mi
3/10
Antioch High School
Public,•9-12•1.1mi

Price History

Date
Event
Price
10/16/19
Sold
$179,500
03/02/10
Sold
$310,000
Condition Rating
Fair
Built in 1960, this property is aged. While 'multiple units feature recent upgrades such as laminate flooring and updated kitchens' and the images show clean, functional, and cosmetically updated kitchens and bathrooms, the overall property, including the exterior and major systems like the visible window AC units and wall heaters, indicates an older structure that has not undergone a full, extensive renovation. The property is maintained and livable, but major components show signs of being outdated, aligning with a 'Fair' condition.
Pros & Cons

Pros

Income-Generating Quadruplex: A four-unit residential income property offering significant investment potential and steady cash flow.
Owner-Occupant Opportunity: Includes a detached 2-bedroom unit ideal for an owner or manager, allowing for mortgage offset.
Immediate Rent Optimization: Two vacant units provide flexibility to set new market rents and maximize income from acquisition.
Recent Unit Upgrades: Multiple units feature recent upgrades like laminate flooring and updated kitchens, enhancing tenant appeal.
Dedicated Covered Parking: Each unit benefits from a dedicated covered parking space, a valuable amenity for tenants.

Cons

Landlord-Covered Utilities: The landlord is currently responsible for water and trash expenses, impacting net operating income.
Property Age & Potential Systems: Built in 1960, the property may have older systems (plumbing, electrical, HVAC) that could require future maintenance or upgrades.
Moderate School Ratings: Local schools have ratings of 2-3, which might be a consideration for family-oriented tenants or future property value.
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