9 South Lake Drive

Antioch, CA 94509

$1,195,000
Price
$1,195,000
Price
8
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.

Property Details

StatusPending
MLS #40853346
Year Built1966
DOM42
Compass TypeMulti Family
MLS Type2-4 Units / 4 Units
Lot Size0.14 AC / 6,300 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyContra Costa County

Scott Osborne

Vertical Metro Real Estate

scott@verticalmetro.com

P: 415.734.8005

M: 415.734.8005

Listed By

Contact Agent(s)

Property Details

Area
Antioch
Building Type
FOURPLEX

Description

Rare opportunity for a lakefront turnkey investment property. Look at the cash flow on this one! 4 units with extensive remodel work all completed. Too much too list here. Very unique property.

Location

Listing Courtesy of Vertical Metro Real Estate, Scott Osborne, BRE #01102004

Listed By

Scott Osborne

Vertical Metro Real Estate

scott@verticalmetro.com

P: 415.734.8005

M: 415.734.8005

Building Information

Stories-Residences-Year Built1966Building Size-Lot Size0.14 AC / 6,300 SF

Payment Calculator

$4,816 per month

30 year fixed, 4.45% Interest

Principal and Interest

$4,816

Property Taxes

HOA Dues

$0

Property Information for 9 South Lake Drive

Features
    Feature Details
  • Flooring: Concrete Slab, Laminate, Partial Carpeting, Tile
    Utility Details
  • Cooling: Window/Wall Unit(s)
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
    Property Details
  • Additional Equipment: Dryer, Washer
  • Building Age: 53
  • City Transfer Tax: No
  • Exterior: Dual Pane Windows, Stone, Stucco
  • Lot Description: Boat Dock, Lakefront, Level, Regular
  • Lot Sq Ft Apx: 6300
  • Roof: Composition Shingles
  • Yard Description: Fenced, Patio, Patio Enclosed
  • Year Built: 1966
    Location Details
  • Directions to Property: Follow I-580 E, I-80 E and CA-4 E to Hillcrest Ave
  • FIPS Code: 06013
  • Parcel Number: 065-231-029-3
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
    General Details
  • Units Total: 4
  • Miscellaneous Features: Balcony/Patio, Other
  • Parking Description: Off Street Parking, Parking Area
  • Park Spaces Total: 6
  • Sq Ft Total Building: 3900
  • Existing Lease Terms: Month to Month, Security Deposit, Written Agreement, Year Lease, Other
    Unit 1 Information
  • Air Cond: Yes
  • Bathrooms: 1.5
  • Bedrooms: 2
  • Occupied By: Tenant
  • Range/Oven: Yes
  • Refrigerator: Yes
  • Rent: 2073
  • Unit #/Address: Unit #1
    Unit 2 Information
  • Air Cond: Yes
  • Bathrooms: 1.5
  • Bedrooms: 2
  • Occupied By: Tenant
  • Range/Oven: Yes
  • Refrigerator: Yes
  • Rent: 2010
  • Unit #/Address: Unit #2
    Unit 3 Information
  • Air Cond: Yes
  • Bathrooms: 1.5
  • Bedrooms: 2
  • Occupied By: Tenant
  • Range/Oven: Yes
  • Refrigerator: Yes
  • Rent: 2095
  • Unit #/Address: Unit #3
    Unit 4 Information
  • Air Cond: Yes
  • Bathrooms: 1.5
  • Bedrooms: 2
  • Occupied By: Vacant
  • Range/Oven: Yes
  • Refrigerator: Yes
  • Rent: 2095 est
  • Unit #/Address: Unit #4
    Income / Expense Details
  • Annual Taxes $: $7,414
  • Annual Gross Fee Income: $8,323
  • Annual Gross Sched Income: $99,876
  • Annual Miscellaneous Income: $1,200
  • Annual Rental Income: $99,876
  • Gross Oper Income (Act): $101,076
  • Net Operating Income: $81,816
  • Annual Insurance Expense: $2,252
  • Annual License Expense: $634
  • Annual Maintance Expense: $4,000
  • Annual Management Expense: $3,109
  • Annual Total Oper Expense: $19,259
  • Annual Utility Expense: $4,650
  • Annual Vacancy Expense: $6,000
  • Other Annual Expense: $1,200
Multi Family 5+ Information
    Building Details
  • All Units Have: Deck, Dishwasher, Disposal, Patio, Updated Baths, Updated Kitchen
  • Basement: None
  • Tenant Pays: Electric, Gas
  • Total Deposits: 5995
    Other Financial Information
  • Financial Data Source: Estimated
Rental
    Rental Information
  • Occpnt Req 24 Hr Notice: No

Property History for 9 South Lake Drive

DateEvent & SourcePriceAppreciation
Mar 27, 2019Pending

EBRD #40853346

Feb 13, 2019Listed (Active)

EBRD #40853346

$1,195,000
Sep 14, 2006Sold (Public Records)

Public Record #202221473

$700,000
DateEvent & SourcePrice
03/27/2019
Pending

EBRD #40853346

02/13/2019
Listed (Active)

EBRD #40853346

$1,195,000
09/14/2006
Sold (Public Records)

Public Record #202221473

$700,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records

Taxable ValueLand$155,900Additions$364,100Total$520,000
Tax Record2018$7,414
Home Facts
Beds8Baths6Finished Sq.Ft.3,900 SqFtStories1Lot Size6,300 SqFtStyleQuadraplexYear Built1966Year Renovated1966

Schools in Antioch, CA

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Bidwell Continuation High SchoolPublic10-120.4 mi
NR
Kimball Elementary SchoolPublicK-50.5 mi
3
Holy RosaryPrivateK-80.6 mi
NR
Cornerstone Christian SchoolPrivateK-120.8 mi
NR

Bidwell Continuation High School

10-12, 0.4 mi, Public

NR

Kimball Elementary School

K-5, 0.5 mi, Public

3

Holy Rosary

K-8, 0.6 mi, Private

NR

Cornerstone Christian School

K-12, 0.8 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Vertical Metro Real Estate, Scott Osborne, BRE #01102004
Based on information from the San Francisco Association of Realtors as of 02/13/2019 08:00 AM, the MLSListings MLS as of 02/13/2019 08:00 AM, or the BAREIS MLS as of 02/13/2019 08:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/28/2019 08:14 AM