Comm Ri Multi-units 5+ For Sale
13,120 Sqft - 423 13th St, ANTIOCH, California 94509
Property Description
16 units, all 2 bed, built 1973. Carport parking and pool. 2004 gross rents $162,115 (includes manager’s unit). Approx 12X GRM 2004 actual gross. Current cap rate with below market rents and new property tax is 5.2. Market rents of $1,050/unit gives new buyer proforma cap rate of approx 7.7!
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40076812
Price : $1,975,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 13,120 Sqft
Year Built : 1973
Lot Area : 0.53 Sqft
Features
Heating System : Wall Furnace
Cooling System : Window/wall Unit(s)
Roof : Tar And Gravel
Address Map
Country : US
State : CA
County : Contra Costa
City : ANTIOCH
Zipcode : 94509
Street : 13th St
Street Number : 423
Floor Number : 0
Longitude : W122° 12' 10.3''
Latitude : N38° 0' 33.3''
MLS Addon
Office Name : Coldwell Banker
Building Type : Lowrise (1-3 Flrs)
Area : Antioch
Address : 423 E 13th St
Cross Street : Cavallo Rd
Address Direction : E
LA1User Code : 159507788
LA1Agent First Name : William
LA1Agent Last Name : Ottmann
Status Category : Sold
Tot # Parking Spaces : 20
Tot # of Units : 16
Zoning : R
List $/SqFt : $151
Age : 40
Apx Lot Sq Ft : 23,086 Sqft
Type of Building : Lowrise (1-3 Flrs)
Annual Taxes : $13,954
Total Deposits : $0
ADDTL FEATURES MISC. : Balcony/patio, Wired For Cable Tv, In Ground Pool
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator
EQUIPMENT ADDITIONAL : Water Heater Gas
EXTERIOR : Wood Siding
FLOORING : Carpet, Laminate
LOT DESCRIPTION : Level, Corner
ON-SITE PARKING DESC : Covered Parking, Spaces - Assigned, Carport - 1, Guest Parking
OPERATING EXPENSES : Insurance, Maintenance/repair, License/ads, Property Tax/assessments, Trash Removal, Utilities
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Patio
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Laundry Equip - Owned, Common Room
Census Tract : 3060.01
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $1,554
2nd Loan Balance : $162,115
Tot Other Loans : $1,591
Financial Data Verif(Y/N) : 5.2
FINANCIAL DATA SOURCE : Owner
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,975,000
Sold Price : $1,800,000
Previous Price : $0
Sale $/SqFt : $0
