$5,250,000
1017 H Street
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Class C
Year Built 1970
Stories 2
Acreage 0.657
Multifamily
Marketing description
1017 H Street is a well-maintained, low-rise multifamily property located in Antioch, California. The property is situated on a single ±0.65 acre parcel and consists of a two-story residential building totaling approximately ±19,472 square feet, originally constructed in 1970.
The property comprises 24 residential units with a favorable unit mix of 22 two-bedroom units and 2 one-bedroom units.
Unit interiors offer laminate flooring and kitchens equipped with electric appliances. Units are separately metered for water, gas, and electricity, include individual water heaters, and utilize wall heaters for space heating.
Property amenities include on-site coin-operated laundry facilities and a total of 27 parking spaces, consisting of 8 covered carport spaces and 19 surface parking spaces. The asset has demonstrated consistent occupancy and stable in-place cash flow, providing current income.
Investment highlights
- (24) total units, consisting of (22) two-bedroom units and (2) one-bedroom units
- Well-maintained and low-maintenance property with quality tenants
- (20) total parking spaces, including (8) covered carports and (12) surface parking spaces
- On-site laundry room, a convenient amenity that adds consistent income potential
- Highly desirable location, situated in a quiet residential neighborhood, near by Pinole Valley High School, Collins Elementary, and Pinole Middle School
- Walkable access to Pinole Vista Shopping Center, Trader Joe’s, Starbucks, and local dining options along Fitzgerald Drive
- Less than 5 minutes to Interstate 80, connecting tenants to Richmond, Berkeley, and San Francisco
- Strong local rental demand, consistent occupancy and stable tenant base in a supply-constrained submarket
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Zoning
MCR MixedMixed UseMixed Commercial Residential
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