NOT LISTED FOR SALE
-- Bed
-- Bath
6,994 Sq Ft
0.51 Acres

Last Sold April 17, 2023

Last sale price $2,340,000 $335 Per Sq Ft

96 Days on Market

Highlights

  • 0.51 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • No HOA
  • Garden
  • Wall Furnace

About This Home

As of April 2023

Drive by only. Do Not Disturb Tenants. 1813 Robin Lane presents an excellent opportunity for an investor to purchase a fully occupied nine-unit apartment building in the city of Concord. Built-in 1970, the property consists of three buildings; two fourplexes and a single family home on a 22,216 square foot lot. The combined square footage of all three buildings is 6,994 square feet and includes 9 covered off-street parking spaces and 3 uncovered parking spaces. The property consists of eight (8) 2 bedroom/ 1 bathroom units and the 3 bedroom/1.5 bathroom house which are all individually metered for gas and electricity. Current ownership has recently implemented rent increases across all units that took effect on 12/01/2022, and represents an 8.9% increase in additional income compared to current rents. The property also collects ancillary income with onsite laundry facilities and parking. In all, this opportunity will provide a new investor with day one cash flow, additional upside with recent and future rent increases, and is located in a city with some of the highest allowable annual rent growth in the East Bay. Property is 2 miles to Concord Bart Station and Todos Santos Plaza.

Last Listed By

Eric Keena

Bhhs Drysdale Properties License #02077388 Listed on: 10/12/2022

Bhhs Drysdale Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.51 Acre Lot
  • Rectangular Lot
  • Garden

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Parking Lot

Utilities

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

Community Details

  • No Home Owners Association
  • 6,994 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 1282100542

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Year Built: 1970
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.51
  • Directions: 242NEx1 RtMarkt/Meadow Rt Robin
  • Carport Y N: Yes
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: None
  • Basement: None
  • Appliances: Dryer, Washer

Exterior Features

  • Lot Features: Regular, Garden
  • Construction Type: None
  • Exterior Features: Garden

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Parking Lot, Space Per Unit - 1, Uncovered Park Spaces 2+

Utilities

  • Heating: Wall Furnace
  • Utilities: All Public Utilities, Individual Electric Meter
  • Cooling: Wall/Window Unit(s)
  • Security: Security Fence
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 22216
  • Parcel Number: 1282100542
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 3362.01

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,340,000 -- --
04/17/2023 04/17/23 Sold $2,340,000 -7.4% $335 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
12/12/2022 12/12/22 For Sale $2,528,000 0.0% $361 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $2,528,000 -- $361 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41011344

Bay East Association of REALTORS®