Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1508 Sycamore Dr Antioch, CA 94509

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,125,000

    High-quality, well-performing fourplex with updated units and income upside.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 24 at 6:04 pm

    Property Features for 1508 Sycamore Dr

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1977

    We can help!

    Listing Contact
    Kris Arneson

    Listing agent Kris Arneson

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Kris Arneson

    Overview

    Updated Fourplex in Antioch

    This fourplex in Antioch offers potential for owner occupancy and is surrounded by amenities. Three of the four units have been updated with waterproof vinyl flooring, newer appliances, and paint. The kitchens feature updated cabinetry and solid surface counters, while the bathrooms have been updated with glass shower doors and solid surface surrounds. The current rents total $8325 per month, with a potential upside of at least $1500 or more. The property is located in a bikeable area with a score of 63, and it is very walkable with a score of 84. The transit score is 31, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Antioch
    County
    Contra Costa
    State
    California
    Longitude
    -121.8248643
    Latitude
    38.0050993

    Nearby Similar for Sale

    • $450,000
      1,064 SF

      Established Restaurant on Corner Lot

      Turnkey restaurant with high visibility and parking.
      212 18th ST, ANTIOCH, CA 94509
      View Details
    • $899,000
      2,929 SF

      Triplex on Spacious Lot

      Triplex with rental income potential in convenient location.
      1928 Alpha Way, Antioch, CA 94509
      View Details
    • $800,000
      2,773 SF

      Mixed-Use Property in Downtown Antioch

      Mixed-use property with residential units and a beer garden.
      809 W 2Nd St, Antioch, CA 94509
      View Details
    • $475,000
      2,542 SF

      Commercial Property in Antioch, CA

      Mixed-use commercial property available for sale in Antioch, CA.
      1708 Noia AVE, ANTIOCH, CA 94509
      View Details
    • $1,150,000
      4,363 SF

      Mixed-Use Property with Established Business

      Operating restaurant, grocery store, and apartment in one property.
      1903 D Street, Antioch, CA 94509
      View Details
    • $1,549,900
      4,363 SF

      Mixed-Use Property in Antioch, CA

      Operating restaurant, grocery store, and residential apartment in one property.
      1903 D St, Antioch, CA 94509
      View Details
    • $650,000
      1,952 SF

      Antioch Multifamily Property For Sale

      Multifamily property in Antioch, CA, with two units and laundry.
      709 W 8Th St, Antioch, CA 94509
      View Details
    • $562,000
      1,498 SF

      Commercial Office Space Available

      Commercial office space suitable for medical or business use.
      5159 Lone Tree Way, Antioch, CA 94531
      View Details
    • $562,000
      1,498 SF

      Commercial Office Space Available

      Commercial office space suitable for medical or business use.
      5159 Lone Tree Way, ANTIOCH, CA 94531
      View Details
    • $899,000

      East Bay Triplex Investment Opportunity

      Triplex with rental income potential on a spacious lot.
      1928 Alpha Way, Antioch, CA 94509
      View Details
    • $949,900

      Antioch Fourplex with Income Potential

      Fourplex in Antioch with strong income and upside potential.
      1504 Sycamore Dr, Antioch, CA 94509
      View Details
    • $499,900

      Mixed-Use Property in Antioch, CA

      Mixed-use property with residential and commercial income potential in Antioch.
      201 Rossi Ave, Antioch, CA 94509
      View Details

    FAQs

    What type of property is this?
    Quadplex - High-quality, well-performing fourplex with updated units and income upside.
    Where is this quadplex located?
    The property is located at 1508 Sycamore Dr Antioch, CA.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: High current rental income of $8325/month with potential for at least $1500/month increase.; Three out of four units are **fully updated** with waterproof vinyl flooring, newer appliances, paint, updated cabinetry, solid surface counters, and updated bathrooms with glass shower doors and solid surface surrounds.; Low‑maintenance property due to recent updates and durable materials.
    (415) 730-0092
    We can help!
    Listing Contact
    Kris Arneson
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!