Single-Story
New
For Sale
$650,000
2313 Manzanita Way, Antioch, CA 94509
Both residences are leased and have received interior or system updates in recent years.
Property Size1,963 SF
Lot Size0.16 Acres
Price / SF$331.13
Days on Market6
Property Features for 2313 Manzanita Way
General Information
Standard status
Active
Size
1,963 SF
Lot size
0.16 Acres
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
1 x 3BR/2BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$9,244
Building Details
Buildings
1
Stories
1
Listing Agency:
eXp Realty of California Inc
Listed By:
Spencer Hsu · License #02077253
(408) 223-5493
Source:
Exprealty
Added: Oct 8
Changed: Oct 12
Last Checked: Oct 12 at 9:42PM
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 eXp Realty of California Inc
Investment Insights
Based on property information with market context.
This 1,963-square-foot duplex contains two single-level residences: one with three bedrooms and two bathrooms, and the other with two bedrooms and one bathroom. The units share a 6,936-square-foot parcel and have garage space for parking or storage. Updates include hardwood flooring and paint in one unit in 2023, plus a dishwasher; the other has a 2024 HVAC system and a newer refrigerator. Both units are currently rented.
The property is in Antioch’s Contra Loma neighborhood, near Contra Loma Regional Park and Black Diamond Mines Regional Preserve. Highway 4 provides a regional connection, and the Antioch BART station is nearby.
The property is in Antioch’s Contra Loma neighborhood, near Contra Loma Regional Park and Black Diamond Mines Regional Preserve. Highway 4 provides a regional connection, and the Antioch BART station is nearby.
Key Highlights
- Two units with a 3‑bedroom/2‑bathroom and 2‑bedroom/1‑bathroom configuration
- 1,963‑square‑foot building on a 6,936‑square‑foot lot
- Single‑level layouts in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,608
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,160
$672.2K
Cap Rate 7%
$480,114
$480.1K
Cap Rate 9%
$373,422
$373.4K
Market Conditions
NOI Build-Up for 1,963 SF
Gross rent
$50.6K $25.80/SF
− Vacancy
−$2.6K −$1.34/SF
EGI
$48.0K $24.46/SF
− OpEx
−$14.4K −$7.34/SF
NOI
$33.6K $17.12/SF
Area
Antioch, CA
Vacancy
5.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$672,160
Cap Rate 7%
$480,114
Cap Rate 9%
$373,422
Alternative Uses
Best Use
Multifamily LT 5
$480.1K
$420.1K – $560.1K
NOI $33,608 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$446.3K
$390.5K – $520.6K
NOI $31,238 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$594.6K
$520.3K – $693.7K
NOI $41,623 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
392
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and have received interior or system updates in recent years.
Where is this duplex located?
The property is located at 2313 Manzanita Way Antioch, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two units with a 3‑bedroom/2‑bathroom and 2‑bedroom/1‑bathroom configuration; 1,963‑square‑foot building on a 6,936‑square‑foot lot; Single‑level layouts in both residences
