Low-Rise Multifamily Apartment
1017 H St Antioch, CA 94509
For Sale
$5,250,000
Well-maintained two-story building offers 24 separately metered units, on-site laundry, and 27 parking spaces.
Property Size19,472 SF
Price / SF$269.62
Days on Market22
Property Features for 1017 H St
General Information
- Standard status
- Active
- Size
- 19,472 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1970
Listing Agency:
BERKSHIRE HATHAWAY HOME SERVICES DRYSDALE PROPERTIES
(650) 208-2155
Listed By:
Alex Barreiro · License #01518613
(650) 208-2155
Source:
Exitrealty
Added: Jul 2
Changed: Jul 22
Last Checked: Jul 23 at 7:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BERKSHIRE HATHAWAY HOME SERVICES DRYSDALE PROPERTIES
Investment Insights
Based on property information with market context.
1017 H Street is a well-maintained, low-rise multifamily property spanning 19,472 square feet on a 0.65-acre parcel. The two-story residential building contains 24 units, including 22 two-bedroom units and 2 one-bedroom units. Some second-floor units offer private balconies. Interior finishes include laminate flooring, and the kitchens are equipped with electric appliances.
The property’s utilities are handled through separate metering for gas and electricity, with individual water heaters. Space heating is provided via wall heaters. On-site laundry facilities are available for residents.
Parking totals 27 spaces, including 8 covered carport spaces and 19 surface parking spaces. Built in 1970, the building features a unit configuration designed to support a mix of two-bedroom and one-bedroom households.
The property’s utilities are handled through separate metering for gas and electricity, with individual water heaters. Space heating is provided via wall heaters. On-site laundry facilities are available for residents.
Parking totals 27 spaces, including 8 covered carport spaces and 19 surface parking spaces. Built in 1970, the building features a unit configuration designed to support a mix of two-bedroom and one-bedroom households.
Key Highlights
- Low‑rise multifamily at 1017 H Street with 24 total units in a two‑story building, originally built in 1970
- Unit mix: 22 two‑bedroom units and 2 one‑bedroom units; select 2nd‑floor units have private balconies
- Separate metering for gas and electricity, with individual water heaters and wall heaters for space heating
Financial Insights For Apartment 5plus
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 | $591.2k | $30.36 |
| − Vacancy | −$27.8k | −$1.43 |
| EGI | $563.4k | $28.93 |
| − OpEx | −$253.5k | −$13.02 |
| NOI | $309.9k | $15.91 |
19,472 SF · lease $30.36/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$4.43M
$3.87M – $5.16M
NOI $309,862 @ 7.0% cap · market cap 5.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.90M
$5.16M – $6.88M
NOI $412,884 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Casa Bonita
Apartment Building
Interchange Brokerage Company
Business Management Consultant
FAQs
What type of property is this?
Apartment building - Well-maintained two-story building offers 24 separately metered units, on-site laundry, and 27 parking spaces.
Where is this apartment building located?
The property is located at 1017 H St Antioch, CA.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: Low‑rise multifamily at 1017 H Street with 24 total units in a two‑story building, originally built in 1970; Unit mix: 22 two‑bedroom units and 2 one‑bedroom units; select 2nd‑floor units have private balconies; Separate metering for gas and electricity, with individual water heaters and wall heaters for space heating
