Antioch, CA 94509,1824 Cavallo Rd
Antioch, CA 94509,1824 Cavallo Rd
Antioch, CA 94509,1824 Cavallo Rd
6
$885,000
$885,000
Est.Price: ?

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5,000 Sqft Lot

1824 Cavallo Rd Antioch, CA 94509

Est. payment /mo
SOLD DATE : 08/17/2024

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Key Details

Sold Price $885,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41070195

Sold Date 08/17/24

HOA Y/N No

Year Built 1987

Lot Size 5,000 Sqft

Property Description

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!

Location

State CA

County Contra Costa

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Appliance Gas Water Heater

Exterior

Parking Features Assigned

Roof Type Shingle

Total Parking Spaces 8

Building

Sewer Public Sewer

Others

Tax ID 0685140089

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Rohit K. Pathak • Pacific Realty Partners
Bought with Rohit K. Pathak • MLSListing

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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