Remodeled Apartment Building with
3126 Lone Tree Way Antioch, CA 94509
3126 Lone Tree Way, Antioch, CA, 94509
$3,850,000
For Sale
$3,850,000
Remodeled apartment building with fourteen 2bd/1bth and two 3bd/2bth units.
Property Size13,456 SF
Price / SF$286.12
Days on Market231
Property Features for 3126 Lone Tree Way
General Information
- Standard status
- Active
- Size
- 13,456 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1963
Listing agency
THE PINZA GROUP, INC
(510) 725-4775
Listed by
JAY FLORES · License #02037775
Source
Corcoran
Added: Dec 2, 2025 Updated: Jul 6 at 9:57AM Checked: Jul 21 at 5:25AM
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 THE PINZA GROUP, INC
Investment Insights
Based on property information with market context.
This apartment building features an ideal unit mix comprised of fourteen 2-bedroom, 1-bathroom units and two 3-bedroom, 2-bathroom units. The property has been entirely remodeled inside and out within the last five years, including a new roof and fully remodeled units. Each unit is separately metered for water, gas, and electric. Residents can enjoy private balconies and covered parking. The 13,456 square foot building offers potential for additional revenue through the implementation of RUBS (Ratio Utility Billing System) and storage income. The property is located in an up-and-coming area near shopping and commercial businesses.
Key Highlights
- $100K price improvement
- Ideal unit mix: fourteen 2bd/1bth and two 3bd/2bth units
- Low annual expenses: separately metered for water, gas, and electric
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 | $408.5k | $30.36 |
| − Vacancy | −$19.2k | −$1.43 |
| EGI | $389.3k | $28.93 |
| − OpEx | −$175.2k | −$13.02 |
| NOI | $214.1k | $15.91 |
13,456 SF · lease $30.36/SF/yr · vacancy 4.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.06M
$2.68M – $3.57M
NOI $214,128 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.08M
$3.57M – $4.76M
NOI $285,321 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Remodeled apartment building with fourteen 2bd/1bth and two 3bd/2bth units.
Where is this apartment building located?
The property is located at 3126 Lone Tree Way Antioch, CA.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: $100K price improvement; Ideal unit mix: fourteen 2bd/1bth and two 3bd/2bth units; Low annual expenses: separately metered for water, gas, and electric
