Triplex with Separate
For Sale
$899,000
Pending
1928 Alpha Way, Antioch, CA 94509
MULTI_FAMILY - Antioch, CA
Property Size2,929 SF
Lot Size0.43 Acres
Days on Market107
Property Features for 1928 Alpha Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 2, Bedroom 2, Bathroom 5, Bathroom 3, Bathroom 6, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 4, Bedroom 6
Parking features
Garage
Exterior features
Back Yard
Fencing
Fenced
Directions
A St to E 18th St to Alpha Way..
Subdivision
Listing
Standard status
Pending
APN
0680410206
Size
2,929 SF
Lot size
0.43 Acres
Utilities
Heating system
Forced Air, Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s), Central Air
Building Details
Year built
1954
Number of units
3
Flooring type
Vinyl, Carpet
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
Compass
(925) 251-1111
Listed By:
Jeannette Reese
(925) 389-1389
Added: Apr 17
Changed: Jul 30
Last Checked: Aug 1 at 5:06PM
MLS# 41131382
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.
Investment Insights
Based on property information with market context.
This triplex residential income property includes a primary 4-bedroom, 3-bath residence and two side-by-side 1-bedroom, 1-bath units. The homes are arranged to provide separation between the units, and each residence operates on its own utilities and meters.
The property is situated on a lot of approximately 18,750 square feet on a peaceful non-through street, with a long driveway leading to the main home. The two smaller units are positioned near the entrance of the property.
Reported updates include copper plumbing, roofs, HVAC systems, and a new sewer system. The large lot supports flexible outdoor uses in addition to the existing residences.
The property is situated on a lot of approximately 18,750 square feet on a peaceful non-through street, with a long driveway leading to the main home. The two smaller units are positioned near the entrance of the property.
Reported updates include copper plumbing, roofs, HVAC systems, and a new sewer system. The large lot supports flexible outdoor uses in addition to the existing residences.
Key Highlights
- Triplex with a 4 bed/3 bath main residence plus two side‑by‑side 1 bed/1 bath units
- 18,750 sq ft lot on a peaceful non‑through street with a fenced back yard
- Each residence has its own utilities and meters
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
935
Businesses Nearby
Explore this area
Business Placement
Demographics for 94509, CA
69,931
Population
24,048
Households
2.9
Avg Household Size
36
Median Age
19%
College-Educated
82%
High-School Grad
17.4 sq mi
ZIP Area
4,019
Density / Sq Mi
$81,512
Median Household Income
$42,401
Median Earnings
$2,052
Median Rent
$565,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex income property with a 4 bed home and two 1 bed units, each with separate utilities and meters.
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 with a 4 bed/3 bath main residence plus two side‑by‑side 1 bed/1 bath units; 18,750 sq ft lot on a peaceful non‑through street with a fenced back yard; Each residence has its own utilities and meters
