Low-Rise Garden-Style Apartment
For Sale
$2,400,000
500 H St, Antioch, CA 94509
Well-maintained one-story garden apartments with 12 separately metered units on an 0.80-acre parcel.
Property Size10,675 SF
Lot Size0.80 Acres
Price / SF$224.82
Days on Market112
Property Features for 500 H St
General Information
Standard status
Active
Size
10,675 SF
Lot size
0.80 Acres
Property subtype
Multi Family
Additional Details
Multifamily Units
12
Building Details
Year Built
1929
Stories
1
Listing Agency:
BERKSHIRE HATHAWAY HOME SERVICES DRYSDALE PROPERTIES
(925) 244-1933
Listed By:
Alex Barreiro · License #01518613
(650) 208-2155
Source:
Exitrealty
Added: Jul 1
Changed: Oct 1
Last Checked: Oct 11 at 3:58AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
500–522 H Street is a well-maintained, low-rise multifamily property featuring one-story, garden-style apartments totaling approximately 10,675 square feet. The building was originally constructed in 1955 and provides 12 residential units with a mix of three two-bedroom units and nine one-bedroom units.
Unit interiors include laminate flooring and kitchens with electric appliances. Residents use wall-mounted air conditioning and wall heaters for space heating, and each unit includes washer/dryer hookups. The property also has separate metering for water, gas, and electricity.
The asset is currently positioned with demonstrated consistent occupancy and stable in-place cash flow based on the information provided.
Unit interiors include laminate flooring and kitchens with electric appliances. Residents use wall-mounted air conditioning and wall heaters for space heating, and each unit includes washer/dryer hookups. The property also has separate metering for water, gas, and electricity.
The asset is currently positioned with demonstrated consistent occupancy and stable in-place cash flow based on the information provided.
Key Highlights
- 12‑unit one‑story garden style multifamily on a single 0.80‑acre parcel in Antioch, CA
- Approximately 10,675 SF total building area with 3 two‑bedroom units and 9 one‑bedroom units
- Units are separately metered for water, gas, and electricity
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
12
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained one-story garden apartments with 12 separately metered units on an 0.80-acre parcel.
Where is this apartment building located?
The property is located at 500 H St 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‑unit one‑story garden style multifamily on a single 0.80‑acre parcel in Antioch, CA; Approximately 10,675 SF total building area with 3 two‑bedroom units and 9 one‑bedroom units; Units are separately metered for water, gas, and electricity
