Triplex on Spacious
1928 Alpha Way, Antioch, CA 94509
- Added:
- Apr 17, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 2 at 6:06 pm
Property Features for 1928 Alpha Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bedroom 2, Bathroom 5, Bedroom 5, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 6, Bathroom 6, Bathroom 1, Bathroom 4, Bedroom 4
- Parking features
- Garage
- Exterior features
- Back Yard
- Fencing
- Fenced
- Standard status
- Pending
- APN
- 0680410206
- Size
- 2,929 SF
- Lot size
- 0.43 Acres
Utilities
- Heating system
- Forced Air, Wall Furnace
- Cooling system
- Window Unit(s), Wall/Window Unit(s), Central Air
Building Details
- Year built
- 1954
- Number of units
- 3
- Flooring type
- Carpet, Vinyl
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agent Jeannette Reese (925) 389-1389
Listing office Compass 900 Main St #101, Beverly Hills, CA (925) 251-1111
Listing date Apr 17, 2026
MLS# 41131382
Listing URL
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Triplex featuring a spacious 4bd/3ba main residence and two 1bd/1ba units, ideal for income generation or flexible living arrangements.
- Expansive 18,750 sqft lot offers potential for ADU, RV parking, gardening, or a pool.
- Excellent location with easy access to amenities, shopping, BART, and Hwy 4.
- Separate utility meters for each unit streamline utility management.
- Updated improvements include copper plumbing, roofs, HVAC system, and new sewer system.
- Long driveway provides privacy and separation for the main residence.
Overview
This triplex in the East Bay offers a rare investment opportunity. The property features a primary 4-bedroom, 3-bathroom main residence and two side-by-side 1-bedroom, 1-bathroom units, situated on a spacious 18,750 square foot lot on a peaceful, non-through street. The duplex units have a history of generating rental income. The property's layout provides privacy and spaciousness between all units. The main home is located at the end of a long driveway, offering peace and serenity, and includes a large lot suitable for various uses such as an ADU, RV, gardening, or a pool. The duplex units are situated at the entrance of the property, providing rental visibility. All residences operate on their own utilities and meters, providing excellent utility management. The property is centrally located with easy access to amenities, shopping, BART, and Hwy 4. Updated improvements include copper plumbing, roofs, HVAC system and a new sewer system. The property offers multiple opportunities with potential for years to come.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $25.80 |
| − Vacancy | −$3.9k | −$1.34 |
| EGI | $71.6k | $24.46 |
| − OpEx | −$21.5k | −$7.34 |
| NOI | $50.1k | $17.12 |
2,929 SF · lease $25.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$716.4K
$626.8K – $835.8K
NOI $50,147 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$665.9K
$582.6K – $776.8K
NOI $46,610 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$887.2K
$776.3K – $1.04M
NOI $62,107 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Antioch
- County
- Contra Costa
- State
- California
- Longitude
- -121.801188
- Latitude
- 38.00312
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex with rental income potential in convenient location.
Where is this triplex located?
The property is located at 1928 Alpha Way Antioch, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Triplex featuring a spacious 4bd/3ba main residence and two 1bd/1ba units, ideal for income generation or flexible living arrangements.; Expansive 18,750 sqft lot offers potential for ADU, RV parking, gardening, or a pool.; Excellent location with easy access to amenities, shopping, BART, and Hwy 4.
