215 W 3rd St, Antioch Multifamily Portfolio

Investment Highlight

Companion listing is 123 W 10th St, Antioch, six units at $1,100,000, offered together with this property as a portfolio at $2,050,000 or separately. Both buildings are four blocks apart and can be toured on the same visit. Tenant occupied, showings by appointment with notice to tenants. Contact Peter Whang to schedule and to request the offering memorandum, rent roll, 2025 operating statement, and inspection reports. Trust sale. Please do not contact tenants directly.

Location Highlight

215 W 3rd St sits in Antioch's original central grid, the oldest part of the city and the area covered by the Downtown Specific Plan adopted in 2018. The civic core, the San Joaquin River waterfront, and the marina are within walking distance. A Street and L Street connect to Highway 4, and the Antioch BART station links the area to the wider East Bay. Central Antioch remains one of the lower-cost entry points for multifamily ownership in Contra Costa County, with rents that trail the county average and steady demand from renters priced out of the inner Bay Area.

• Fully leased fourplex, four two-bedroom, two-bath units
• Current scheduled rent $6,184 per month
• Pro forma NOI of $49,335 as leases reach market rents near $2,000
• Individually metered gas and electric, carport parking
• Available individually at $950,000 or with 123 W 10th St as a ten-unit portfolio
• Walking distance to the civic core and San Joaquin River waterfront