12-Unit Garden-Style Apartment
For Sale
Contact for pricing
500-522 H Street, Antioch, CA 94509
One-story apartments with separately metered utilities, on-site laundry, and covered and surface parking.
Property Size10,675 SF
Price / SF$224.82
Days on Market52
Property Features for 500-522 H Street
General Information
Standard status
Active
Size
10,675 SF
Property subtype
Multifamily
Zoning
R-1
Net Operating Income
$168,552
Building Details
Year Built
1955
Stories
1
Units
12
Tenancy
Multi
Listing Agency:
BERKSHIRE HATHAWAY HOME SERVICES DRYSDALE PROPERTIES
Listed By:
Alex Barreiro · License #01518613
(650) 208-2155
Source:
Crexi
Added: Aug 26
Changed: Oct 6
Last Checked: Oct 14 at 11:51PM
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 BERKSHIRE HATHAWAY HOME SERVICES DRYSDALE PROPERTIES
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This one-story multifamily property at 500-522 H Street in Antioch, California, contains 12 apartments across approximately 10,675 square feet. The unit mix includes 2 two-bedroom residences and 10 one-bedroom residences. Interiors feature laminate flooring, electric kitchen appliances, wall-mounted air conditioning, wall heaters, and individual water heaters. Water, gas, and electricity are separately metered for each unit.
Built in 1955 on a single ±0.80-acre parcel, the property includes coin-operated laundry facilities and 27 parking spaces. Parking consists of 8 covered carport spaces and 19 surface spaces. The site is zoned R-1, and the property has consistent occupancy with in-place cash flow.
Built in 1955 on a single ±0.80-acre parcel, the property includes coin-operated laundry facilities and 27 parking spaces. Parking consists of 8 covered carport spaces and 19 surface spaces. The site is zoned R-1, and the property has consistent occupancy with in-place cash flow.
Key Highlights
- 12 residential units: 2 two‑bedroom and 10 one‑bedroom apartments
- Approximately ±10,675 square feet on a single ±0.80‑acre parcel
- 27 parking spaces: 8 covered carports and 19 surface spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,873
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,397,460
$3.4M
Cap Rate 7%
$2,426,757
$2.4M
Cap Rate 9%
$1,887,478
$1.9M
Market Conditions
NOI Build-Up for 10,675 SF
Gross rent
$324.1K $30.36/SF
− Vacancy
−$15.2K −$1.43/SF
EGI
$308.9K $28.93/SF
− OpEx
−$139.0K −$13.02/SF
NOI
$169.9K $15.91/SF
Area
Antioch, CA
Vacancy
4.70%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,397,460
Cap Rate 7%
$2,426,757
Cap Rate 9%
$1,887,478
Alternative Uses
Best Use
Apartment 5plus
$2.43M
$2.12M – $2.83M
NOI $169,873 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.23M
$2.83M – $3.77M
NOI $226,353 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
757
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
Frequently Asked Questions
What type of property is this?
Apartment building - One-story apartments with separately metered utilities, on-site laundry, and covered and surface parking.
Where is this apartment building located?
The property is located at 500-522 H Street Antioch, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 12 residential units: 2 two‑bedroom and 10 one‑bedroom apartments; Approximately ±10,675 square feet on a single ±0.80‑acre parcel; 27 parking spaces: 8 covered carports and 19 surface spaces
