King City Multifamily
For Sale
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420 San Antonio Drive, King City, CA 93930
32-unit apartment complex in King City, CA for sale.
Property Size27,384 SF
Days on Market104
Property Features for 420 San Antonio Drive
General Information
Standard status
Active
Size
27,384 SF
Class
B
Property subtype
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$617,493
Building Details
Year Built
2007
Buildings
4
Stories
2
Units
32
Tenancy
Multi
Listing Agency:
LIHTC Advisors
Listed By:
Cole Evarts · License #02250533
Source:
Crexi
Added: May 20
Changed: Aug 26
Last Checked: Aug 29 at 8:31AM
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 LIHTC Advisors
Investment Insights
Based on property information with market context.
Creek Bridge Apartments is a 32-unit market-rate community constructed in 2007, located in King City, CA. The property is currently 100% occupied. The property benefits from a 100% welfare property-tax exemption. The community features a defensive 2BR/3BA family floorplate. The property has historically maintained real-estate tax expenses to under $300 of annual cash cost. The property has an assumable HUD 223(f) loan. The property contains 27,384 square feet.
Key Highlights
- 100% Occupancy: Demonstrates strong demand and immediate cash flow.
- Assumable HUD 223(f) Loan**: Provides attractive financing options.
- 100% Welfare Property‑Tax Exemption**: Significantly reduces operating expenses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
446
Businesses Nearby
Explore this area
Business Placement
Demographics for 93930, CA
16,206
Population
4,744
Households
3.4
Avg Household Size
30
Median Age
15%
College-Educated
59%
High-School Grad
343.3 sq mi
ZIP Area
47
Density / Sq Mi
$72,555
Median Household Income
$32,357
Median Earnings
$1,537
Median Rent
$404,000
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?
Apartment building - 32-unit apartment complex in King City, CA for sale.
Where is this apartment building located?
The property is located at 420 San Antonio Drive King City, CA.
What are key features of this property?
This property features: 100% Occupancy: Demonstrates strong demand and immediate cash flow.; Assumable HUD 223(f) Loan**: Provides attractive financing options.; 100% Welfare Property‑Tax Exemption**: Significantly reduces operating expenses.
