Low-Rise Garden-Style Apartment
500 H ST Antioch, CA 94509
500 H ST, Antioch, CA, 94509
$2,400,000
For Sale
$2,400,000
Well-maintained one-story garden apartments with 12 separately metered units on an 0.80-acre parcel.
Property Size10,675 SF
Lot Size0.80 Acres
Price / SF$224.82
Days on Market21
Property Features for 500 H ST
General Information
- Standard status
- Active
- Size
- 10,675 SF
- Lot size
- 0.80 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1929
Listing agency
(650) 208-2155
Listed by
Alex Barreiro
(650) 208-2155
Source
Elliman
Added: Jul 1 Updated: Jul 20 at 9:15PM Checked: Jul 21 at 5:18AM
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 Alex Barreiro
Investment Insights
Based on property information with market context.
500–522 H Street is a well-maintained, low-rise multifamily property featuring one-story, garden-style apartments totaling approximately 10,675 square feet. The building was originally constructed in 1955 and provides 12 residential units with a mix of three two-bedroom units and nine one-bedroom units.
Unit interiors include laminate flooring and kitchens with electric appliances. Residents use wall-mounted air conditioning and wall heaters for space heating, and each unit includes washer/dryer hookups. The property also has separate metering for water, gas, and electricity.
The asset is currently positioned with demonstrated consistent occupancy and stable in-place cash flow based on the information provided.
Unit interiors include laminate flooring and kitchens with electric appliances. Residents use wall-mounted air conditioning and wall heaters for space heating, and each unit includes washer/dryer hookups. The property also has separate metering for water, gas, and electricity.
The asset is currently positioned with demonstrated consistent occupancy and stable in-place cash flow based on the information provided.
Key Highlights
- 12‑unit one‑story garden style multifamily on a single 0.80‑acre parcel in Antioch, CA
- Approximately 10,675 SF total building area with 3 two‑bedroom units and 9 one‑bedroom units
- Units are separately metered for water, gas, and electricity
Local 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 | $324.1k | $30.36 |
| − Vacancy | −$15.2k | −$1.43 |
| EGI | $308.9k | $28.93 |
| − OpEx | −$139.0k | −$13.02 |
| NOI | $169.9k | $15.91 |
10,675 SF · lease $30.36/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.43M
$2.12M – $2.83M
NOI $169,873 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.23M
$2.83M – $3.77M
NOI $226,353 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained one-story garden apartments with 12 separately metered units on an 0.80-acre parcel.
Where is this apartment building located?
The property is located at 500 H ST Antioch, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 12‑unit one‑story garden style multifamily on a single 0.80‑acre parcel in Antioch, CA; Approximately 10,675 SF total building area with 3 two‑bedroom units and 9 one‑bedroom units; Units are separately metered for water, gas, and electricity
