$2,500,000

Estimated payment $16,214/month

-- Bed
-- Bath
6,636 Sq Ft
$377 Price per Sq Ft

Highlights

  • 13,939 Sq Ft lot
  • No HOA
  • Wall Furnace
  • Engineered Wood Flooring

About This Home

1127 Virginia Ln is an 8-unit, 100% occupied multifamily asset in Concord priced at $312,500 per unit. In-place rents average $2,472 per month against $2,650 market rent. The deal trades at a 5.23% in-place cap rate (10.53x GRM). The unit mix is uniform: eight 910-square-foot two-bedroom, two-bath residences, most with updated kitchens and/or bathrooms. Built in 1965, the property sits on a 13,939 SF lot with 6,636 square feet of building and 18 surface parking spaces. The property has direct access to Interstate 680 and proximity to HIghway 242, 4 and 24; the Benicia Bridge, connecting tenants to Orinda, Walnut Creek, Danville and the broader Bay Area. Concord BART is a 10-minute drive, putting San Francisco roughly an hour away by transit. Shopping, entertainment, schools and parks are all nearby.

Listing Agent

Marty Carbajal

Gcm Realty & Loans License #01415783 Listed on: 08/23/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 13,939 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Stucco

Kitchen

  • Free-Standing Range
  • Disposal

Flooring

  • Engineered Wood
  • Partially Carpeted
  • Laminate
  • Vinyl

Parking

  • Carport
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 8 Units
  • Concord Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1282900651

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0.32 Acres

Listing Details

  • Year Built: 1965
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: Concord
  • Directions: Monument Blvd to Virginia Ln.
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Laminate, Partial Carpeting, Vinyl, Engineered Wood
  • Appliances: Disposal, Free-Standing Range, Refrigerator
  • Other Equipment: None
  • Fireplace: No

Exterior Features

  • Roof: Flat
  • Lot Features: Rectangular Lot
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Carports - 2 Or More, Parking Lot, Space Per Unit - 2

Utilities

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 13939
  • Parcel Number: 1282900651

Multi Family

  • Number Of Units Total: 8

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/23/2026 08/23/26 For Sale $2,500,000 -- $377 / Sq Ft
Source: Contra Costa Association of REALTORS®

Source: Contra Costa Association of REALTORS®

MLS Number: 41145960

Contra Costa Association of REALTORS®
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