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Sold on 02/20/2024

52 E 16th St, Antioch, CA 94509

  • $1,173,000

    Last sold 02/20/2024 after 179 Days

  • —

    bed

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    bath

Multi-family not for sale
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About 52 E 16th St

Property type Multi-family
Neighborhood
HOA fee $0/month
Lot size 0.38 Acre
Rental estimate
Property description
In place 6.07% cap rate. 52-54 E 16th Street is an easy to manage, fully leased 7-unit multifamily property on an expansive 16,552 square foot lot. The property consists of two buildings, a one 4-bedroom 2-bath house and a one 6-unit building. The 6-unit building is comprised of six spacious 2-bedroom 1-bath units, all with similar floor plan and each approximately 707 square feet. All units are well maintained with recent updates. 14 on-site parking spaces. Flag lot provides private setting. The house features a generous rear yard while a storage shed hints at the potential for an additional dwelling unit (ADU) or convenient laundry room conversion. Ideal investment opportunity with upside potential, just a 6-minute drive from the Antioch BART Station.
Listed by
Listing Agent - Louis Cornejo
Listing Office - Urban Group Real Estate
Source: SFARMLS mls logo
MLS#423900421 • last updated 2 years ago
Movoto checked SFARMLS for data 29 minutes ago
Overview
Levels/Style Two, 0, 0
SubType 5 Or More Units, Apartments, Flats
Type Residential Income
MLS # 423900421
Status Closed
Lot Size (Acres) 0.38
Lot Size (SqFt) 16552
Condition Updated/Remodeled
Interior
Total # of Rooms 16
Exterior
Construction Frame, Stucco
Roof Shingle
# Independent Parking Spaces 14
# Parking Spaces 14
Parking Desc Uncovered
Lot Desc None
Amenities / Utilities
Water Source Public
Sewer/ Septic Public Sewer
Location
County Contra Costa
APN 065-183-009
Zoning R-20
Multifamily Details
Tenant Pays Electricity, Gas
# Units Furnished None
# Of Units Total 7
# Of 4 Bedroom Units 1
# Of 2 Bedroom Units 6
# Of Units Leased 7
Gross Rent Multiplier 8.85
Gross Income Multiplier 11.69
Expense: Utilities 9340
Cap Rate 7.75
Rental est.: $1,624/month
Gross rent multiplier: 74.4
  • Dec 2023
    mls logo MLS # 423900421
  • Dec 26, 2023 Pending
    —
  • Oct 25, 2023 Contingent - Show
    —
  • Aug 25, 2023 Listed
    $1,550,000
  • 52 E 16th St
    $1.17M
  • 6200
    —
  • 94509
    $499K -8% y/y
  • Antioch
    $635K +1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Kimball Elementary School
public Grades K-5
Antioch Unified School District
2/10
Antioch Middle School
public Grades 6-8
Antioch Unified School District
3/10
Antioch High School
public Grades 9-12
Antioch Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around 6200

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