
Seller's Agent in 2023
Ethan Berger
Nai Northern California
(415) 480-0208
1 in this area
26 Total Sales
The property is one of the best located small multifamily properties in the city of Concord and offers investors the chance to own a quality asset in a fantastic location with the potential to realize rental upside of 25%+ over current in-place rents. The property consists of 1 building housing a total of 8 units, 4upstairs and 4 downstairs and features ideal unit mix of seven 2bedroom 1 bath units and one 1 bedroom 1 bath unit. Each unit features 5 piece appliance package including gas oven/range, microwave hood, dishwasher, fridge/freezer, wall A/C unit, gas wall furnace for heat, dual pane windows, and 1 assigned parking stall per unit. Additional revenue is generated by leasing unassigned parking stalls and the coin-operated on-site laundry machines. Limited landscaping and the simplistic structure require very littlie maintenance reducing owner operating costs.
Last Agent to Sell the Property
Nai Northern California License #01868467 Listed on: 08/04/2023
Home Type
Year Built
Lot Details
Home Design
Flooring
Laundry
Home Security
Parking
Utilities
Community Details
Listing and Financial Details
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/04/2025 02/04/25 | Off Market | $2,380,000 | -- | -- |
09/28/2023 09/28/23 | Sold | $2,380,000 | +1.3% | $416 / Sq Ft |
08/17/2023 08/17/23 | Pending | -- | -- | -- |
08/04/2023 08/04/23 | For Sale | $2,350,000 | -- | $410 / Sq Ft |
Seller's Agent in 2023
Ethan Berger
Nai Northern California
(415) 480-0208
1 in this area
26 Total Sales
Buyer's Agent in 2023
Marty Carbajal, CFP
Gcm Realty & Loans
(510) 387-7954
2 in this area
31 Total Sales
Source: bridgeMLS
MLS Number: 41035092