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Sold for $885,000 on 08/17/24
  • $885,000

    1824 Cavallo Rd, Antioch, CA 94509

    --beds
    --baths
    2,680sqft
    Multi Family, Quadruplex
    Built in 1987
    -- sqft lot
    $824,400 Zestimate®
    $330/sqft
    $1,832 Estimated rent

    What's special

    This 4plex presents a lucrative opportunity for those seeking a steady stream of rental income. All units are 670 SQFT, 2 bedrooms, 1 bath, a living room, & full kitchen complete W refrigerators. Currently, 2 units are rented below market value at $1,650, while 1 unit is rented $1,850 per month & 1 Vacant Renovated Unit. The property also boasts covered parking, providing added convenience & appeal to potential tenants. Noteworthy is that the tenants are responsible for their own PGE bills, the landlord covers water & garbage expenses. Recent exterior painting & landscaping enhancements have refreshed the property's curb appeal. Situated with easy access to Highway 4 & close to shopping, this location offers convenience for residents and potential renters alike. Investing in this property brings numerous benefits, including capitalizing on depreciation, tenants contributing to debt & principal pay-down, & the potential for rent increases to boost income and cash flow. Additionally, consider the advantages of a 1031 exchange, leveraging this asset to gain valuable landlord experience & eventually transitioning equity into higher-grade property classes over time. Don't miss out on this opportunity to enhance your investment portfolio & secure long-term financial growth! Call Today!

    Zillow last checked: 7 hours ago

    Listing updated: August 17, 2024 at 01:29am

    Listed by:

    Rohit K. Pathak DRE #01882271 lejoy@prpbay.com,

    Pacific Realty Partners

    Bought with:

    Rohit K. Pathak, DRE #01882271

    Mlslisting

    Source: Bay East AOR,MLS#: 41070195MLS Logo

    Facts & features

    Interior

    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Has cooling: Yes
    Features
    • Flooring: Other
    Interior area
    • Total structure area: 2,680
    • Total interior livable area: 2,680 sqft

    Property

    Lot
    • Size: 5,227 sqft
    Details
    • Parcel number: 0685140089
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Quadruplex
    • Attached to another structure: Yes
    Materials
    • Stucco, Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1987

    Community & neighborhood

    Location
    • Region: Antioch

    HOA & financial

    Other financial information
    • Total actual rent: 1650
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $824,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $824,400