Property Overview:
25 Madrid Ln is a single-family home in Antioch, CA, built in 1981. It features 3 bedrooms, 2 bathrooms, and 1,354 sq. ft. of living space. The home includes a parking garage and is currently valued at approximately $341,300.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 8.6% (lower than state average of 11.8%).
- Property crime risk: 10.2% (lower than state average of 10.8%).
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Schools:
Nearby schools include Mission Elementary, CCCOE Special Education Programs, Antioch High, and Park Middle.- Average SAT score: 990 (higher than state average of 975).
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Job Market:
- 57.7% white-collar jobs, 42.3% blue-collar jobs.
- Unemployment rate: 4.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 81,802 (27.9% growth since 2000).
- 77.8% families with children.
- Largest age group: 45-54 years (14.35%), followed by 25-34 years (14.04%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 44.8°F (January), 84.1°F (July).
- Average rainfall: 15.4 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $66,338.
- Average annual spending: $51,906.
Property Features:
- Spacious 3 bed, 2.5 bath in a quiet complex.
- Updated kitchen with solid surface countertops.
- Living room with fireplace and wet bar.
- All bedrooms upstairs plus inside laundry.
- Private backyard patio.
- Close to pool and shopping complex (undergoing major transition).
- Largest floorplan in the complex.
- 2 carport parking spaces.
- Move-in ready with fresh paint, new carpets, and brand new stove (in some units).
- Great investor opportunity:
- Current tenant (on housing assistance) pays $2,500/month and has a strong payment history.
- Tenant will vacate by 8/31/2024 or 9/30/2024 (depending on listing).
Location Benefits:
- Commuter-friendly: Close to freeway and public transportation.
- Family-oriented community with a high percentage of families with children.
- Proximity to schools, shopping, and community amenities.
- Low crime rates and good school performance make it ideal for families and investors alike.