Antioch, CA – The Pinza Group, Inc, a leading Bay Area Investment Real Estate Brokerage, has announced yet another East Bay Multifamily Sale: 500 Texas St in Antioch, CA. The sales price was $1,015,000, which represents a per unit price of nearly $127,000, well above the average price per unit sale in Antioch.
Steven Pinza, Esq (a 2014 Top Sales Broker according to CoStar, Inc), President of the Pinza Group, Inc (a 2014 Top Sales Firm according to CoStar, Inc), had the exclusive listing to market the property for the Seller, an individual.
The property is a well maintained apartment building located in a quiet neighborhood of mostly single family homes. The two story property was constructed in 1963 of concrete foundation, wood frame and wood siding exterior with a flat roof. The property consists of approximately 5,616 square feet of residential living space spread out on over 11,900 square feet. The property is of eight units comprised of seven 2bd/1bth units, and one 1bd/1bth unit. There is onsite laundry for additional income, and all of the units have been upgraded over the past few years.
Antioch is well known as a new and upcoming city in Contra Costa County. With the new eBART coming in the next few years, many analysts predict a significant rise in values in the future years.
About The Pinza Group, Inc.
Founded in 2013, The Pinza Group is an investment real estate company built on a strong foundation of integrity, dedication, and experience which allows us to provide significant value to existing and future clients. Since The Pinza Group focuses exclusively on investment real estate, all of our efforts and resources are spent researching, brokering, and underwriting commercial properties in Northern California. The Pinza Group has devoted significant resources to build an effective list of owners, investors, and brokers in the area which has allowed us to create an innovative marketing platform allowing us to deliver incredible value to both owners and investors. The Pinza Group Property Management, Inc. currently manages over 20 investment properties throughout the East Bay. For more on property management, an estimate of value, or investments visit: www.pinzagroup.com or Info@pinzagroup.com.
