3609 Fairview Dr - Apartments FOR SALE


Antioch, CA 94509- Pittsburg/Antioch
$1,395,000 USD
408-909-8629
3609 Fairview Dr, Antioch, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/27
null | 7.41% Cap Rate

3609 Fairview Dr
Antioch, CA 94509
Pittsburg/Antioch


HIGHLIGHTS

  • Features Five (5) Well-Maintained 2bd/1bth Units Situated on a 8,450 SF Lot
  • Recent Capital Improvements Include a Brand New Roof Installed, Fresh Paint Throughout, Newly Paved Driveway, Updated Kitchens, etc.
  • 100% Occupied by Stable, Paying Tenants
  • Immediate Cash Flow from Day One of Ownership w/ Tangible Upside
  • Amenities Include a Covered Carport w/ Parking for Each Unit, Private Garden, and Patio Space
  • Prime Antioch Location - Easy Access to Highway 4 and Close to Somersville Towne Shopping Center, Restaurants,, Schools, Parks, and BART

OVERVIEW

3609 Fairview Dr, presents a high cap rate investment opportunity with very little deferred maintenance in Antioch, CA. This property features five well-maintained 2-bedroom, 1-bath units, perfectly situated on a spacious 8,450 sq. ft. lot with no deferred maintenance. Recent upgrades include a brand-new roof, fresh paint throughout, a newly paved driveway, new flooring, and fully updated kitchens with modern appliances and granite countertops. With 100% occupancy and stable rent-paying tenants, you’ll enjoy immediate cash flow. Tenants are responsible for gas and electricity, leaving the ability to implement RUBS to offset water and trash expenses. The property offers convenient amenities, including covered carport parking, outdoor and patio space, and is 1.5 miles from Costco and Walmart. Located in a desirable area with easy access to Highway 4, and just minutes from Somersville Towne Center, restaurants, schools, parks, and public transportation, this is an exceptional opportunity for any investor.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

5

PRICE/UNIT

$279,000

CAP RATE

7.41%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,451 SF

ZONING

R1, Antioch

APN/PARCEL ID

074-253-003-3

ASK ABOUT THIS PROPERTY

Alec MatutPinza GroupMore Info
408-909-8629

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Alec MatutPinza GroupMore Info
408-909-8629

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.