Seller's Agent in 2024
Louis Cornejo
Urban Group Real Estate
(415) 863-1775
1 in this area
32 Total Sales
52 E 16th St Antioch, CA 94509
North Antioch Neighborhood
16
Beds
1
Bath
700
Sq Ft
0.38
Acres
About This Home
As of April 2024In place 6.07% cap rate. 52-54 E 16th Street is an easy to manage, fully leased 7-unit multifamily property on an expansive 16,552 square foot lot. The property consists of two buildings, a one 4-bedroom 2-bath house and a one 6-unit building. The 6-unit building is comprised of six spacious 2-bedroom 1-bath units, all with similar floor plan and each approximately 707 square feet. All units are well maintained with recent updates. 14 on-site parking spaces. Flag lot provides private setting. The house features a generous rear yard while a storage shed hints at the potential for an additional dwelling unit (ADU) or convenient laundry room conversion. Ideal investment opportunity with upside potential, just a 6-minute drive from the Antioch BART Station.
Last Agent to Sell the Property
Urban Group Real Estate License #01518102 Listed on: 08/25/2023
Property Details
Home Type
- Multi-Family
Lot Details
- 0.38
Home Design
- Updated or Remodeled
- Frame Construction
- Shingle Roof
- Stucco
Parking
- 14 Open Parking Spaces
- 14 Parking Spaces
Additional Features
- 2-Story Property
- 0.38 Acre Lot
Community Details
- 7 Units
- 7 Leased Units
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 065-183-009
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2024 04/09/24 | Sold | $1,173,000 | -19.1% | $1,676 / Sq Ft |
| 02/20/2024 02/20/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $1,450,000 | 0.0% | $2,071 / Sq Ft |
| 12/26/2023 12/26/23 | Pending | -- | -- | -- |
| 11/07/2023 11/07/23 | Price Changed | $1,450,000 | 0.0% | $2,071 / Sq Ft |
| 11/07/2023 11/07/23 | For Sale | $1,450,000 | +23.6% | $2,071 / Sq Ft |
| 10/31/2023 10/31/23 | Off Market | $1,173,000 | -- | -- |
| 08/25/2023 08/25/23 | For Sale | $1,550,000 | -- | $2,214 / Sq Ft |
Source: San Francisco Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,228 | $1,196,460 | $785,400 | $411,060 |
| 2024 | $16,581 | $1,206,095 | $864,748 | $341,347 |
| 2023 | $16,581 | $1,182,447 | $847,793 | $334,654 |
| 2022 | $16,354 | $1,159,263 | $831,170 | $328,093 |
| 2021 | $15,709 | $1,136,533 | $814,873 | $321,660 |
| 2019 | $15,401 | $1,102,824 | $790,704 | $312,120 |
| 2018 | $14,836 | $1,081,200 | $775,200 | $306,000 |
| 2017 | $14,425 | $1,060,000 | $760,000 | $300,000 |
| 2016 | $9,756 | $650,145 | $234,051 | $416,094 |
| 2015 | $9,590 | $640,380 | $230,536 | $409,844 |
| 2014 | $9,267 | $627,837 | $226,021 | $401,816 |
Source: Public Records
Agents Affiliated with this Home
-
Louis Cornejo
Map
Source: San Francisco Association of REALTORS®
MLS Number: 423900421
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