1835 Robin Ln Concord, CA 94520
9,148 Sq. Ft. / 22,216 Sq. Ft., 0.51 acres lot size / Multi-Family
Status: Sold
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1835 Robin Lane presents an excellent opportunity for an investor to purchase a 11 unit apartment building in the city of Concord. Built-in 1969, the property consists of three buildings surrounding a central courtyard on a 22,216 square foot lot. The combined square footage of all three buildings is 9,148 square feet and includes covered and uncovered off-street parking spaces. The property consists of eleven (11) 2 bedroom/ 2 bathroom units, each with their own balcony or ground floor patio space on a low maintenance landscape. Five units have been fully renovated by current ownership, and all units are individually metered for gas and electric. The property also collects ancillary income with onsite laundry facilities and available storage lockers. The property boasts a Very Walkable walk score of 78 and is a great location for commuters with its close proximity to CA-242, as well as less than 2 miles to the Downtown Concord BART station and Todos Santos Plaza.In all, this opportunity will provide a new investor with day one cash flow, additional upside with annual rent increases, and is located in a city with some of the highest allowable annual rent growth in the East Bay.
property details
Type
Multi-Family
Status
Closed
County
Contra Costa
Year Built
1969
Sq. Ft.
9,148
Lot Size
22,216 Sq. Ft., 0.5 acres
Listing Id
41020944
Courtesy Of
Eric Keena - BHHS Drysdale Properties +1 (510) 381-5434
List Office Phone
+1 (925) 640-0590
Interior Features
Living Area Units
Sq. Ft.
Flooring
None
Exterior Features
Parking
Covered
Parking Lot
Assigned
Parking Lot
Assigned
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Building Area Total
9,148 Sq. Ft.
Architectural Style
Other
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the above MLS system. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Drysdale Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Price History
| date | event | price | source |
|---|---|---|---|
|
08/21/2023
08/21/2023
|
Pending |
$3,600,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
|
08/21/2023
08/21/2023
|
Sold |
$3,200,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
|
04/18/2023
04/18/2023
|
Active |
$3,600,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
|
03/07/2023
03/07/2023
|
Active |
$3,800,000
|
BridgeMLS (Contra Costa, East Bay Regional) |
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Market Trends
Source: Constellation1
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