Embed Size (px)
Citation preview
EXHIBIT E
https://www.zillow.com/homes/for_sale/18305183_zpid/38.057486,-121.710577,37.96511,-121.874685_rect/12_zm/1_fr/
LISTING: ad listed on Zwillow Oct 28, 2018
701 Wilbur AveAntioch, CA 945092.5 acres
LOT/LAND$2,950,000
Zestimate®: $344,486East San Francisco Bay Area city infill development opportunity. 1 mile from Antioch Bart station and recently expanded highway 4. The property features 2.78 acres of high density residential land zoned R-25. +/- 55 units "By Right" approval (Planning approval only). Higher density available with council approval. Property has existing rentals on the front one acre generating income while you buildout the remaining land. Current income 5% cap 17 GRM. Existing space perfect for a contractor yard, manufacturing shop/office with 3 phase power, and/or secured storage. Property near the Delta with fantastic views of Mount Diablo.
From the Assessor’s website:
TEN DAYS LATER THIS NEW LISTING WAS FOUND (the “price” was reduced $100,000):https://loopnet.com/Listing/701-Wilbur-Ave-Antioch-CA/14212998/?fbclid=IwAR2LtTlyLcDpxNm4txOxx58AL0bcHnnNMtknTxCNBiuIMg_ypbiTdVsnM4I
No mention of the Mobilehome Park or its tenants.
