809 W 2Nd St, Antioch, CA 94509
MULTI_FAMILY - Antioch, CA
Property Features for 809 W 2Nd St
General Information
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property is situated on a double lot and includes parking both on-site and on the street for guests and patrons. The City of Antioch has provided approval for mixed-use, with potential for an 11–22 unit condo project, subject to applicable requirements.
Key Highlights
- Mixed‑use property with two residential units plus a ground‑floor beer garden/commercial space
- Residential mix: 2‑bed/1‑bath unit and 1‑bed/1‑bath unit
- Beer garden is currently leased under a 5‑year contract starting May 2024
Financial Insights For Specialty Retail
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 | $68.2k | $24.60 |
| − Vacancy | −$3.1k | −$1.11 |
| EGI | $65.1k | $23.49 |
| − OpEx | −$16.3k | −$5.87 |
| NOI | $48.9k | $17.62 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 94509, CA
Market
Vacancy Rate% for Multifamily in West region