20 E 16th St, Antioch, CA for sale

Investment Overview

20 E 16th Street is a well-maintained, low-rise multifamily property located in Antioch, California. The property is situated on a single ±0.49 acre parcel and consists of a two-story residential building totaling approximately ±14,309 square feet, originally constructed in 1960. The property comprises 21 residential units with a favorable unit mix of 5 two-bedroom units and 16 one-bedroom units. Unit interiors offer laminate flooring and kitchens equipped with electric appliances. Units are separately metered for water, gas, and electricity, include through-the-wall air conditioners, and utilize wall heaters for space heating. Property amenities include on-site laundry facilities and a total of 20 parking spaces, consisting of 11 covered carport spaces and 9 surface parking spaces.

Investment Highlights

• 21 total units, consisting of 5 two bedroom units and 16 one bedroom units
• 20 total parking spaces, including 11 covered parking spaces and 9 surface parking spaces
• Close proximity to Eastwood Plaza Shopping Center, Antioch Square Shopping Center, and various local dining options
• Well-maintained and low-maintenance property with established tenants
• On-site laundry room, a convenient amenity that adds consistent monthly income
• Less than 5 minutes to State Route 4, connecting tenants to Concord, Walnut Creek, and the greater Bay Area