1824 Cavallo Rd, Antioch, CA 94509
Fourplex
Sold August 2024
Listing Agent: Rohit K. Pathak (DRE #01882271) · Listing Office: Pacific Realty Partners · Contact: 510-299-0093 · Bought with: Rohit K. Pathak · MLSListing · MLS #41070195 · Source: CRMLS
About this fourplex
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!
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history