2416 L Street, Antioch, CA 94509

$950,000
3,200
SqFt

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List Price
$950,000
Status
ACTIVE
MLS#
ML82061381
Year Built
1986
Living Sq. Ft
3,200
Lot Size
12,800
Acres
0.29
Days on Market
1
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

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.

Additional Information

Taxes
$6,000
Appliances
Dishwasher
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Roof
Composition, Shingle
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$87,600

Listing courtesy of Listing Agent: Dorothy Coulter (dorothy.coulter@gmail.com) from Listing Office: EXIT Realty Consultants.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.