NOT LISTED FOR SALE
Studio
-- Bath
6,994 Sq Ft
0.51 Acre Lot

Sale Details

Date 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 Agent to Sell the Property

Eric Keena

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

Bhhs Drysdale Properties

Last Buyer's Agent

Monjid Aldiyyat

Bhhs Drysdale Properties License #01973084

Bhhs Drysdale Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 22,216 Sq Ft 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

0.51 Acres

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
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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
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

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

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $35,111 $2,434,536 $780,300 $1,654,236
2024 $28,453 $2,386,800 $765,000 $1,621,800
2023 $28,453 $1,903,276 $591,077 $1,312,199
2022 $27,883 $1,865,958 $579,488 $1,286,470
2021 $27,041 $1,829,372 $568,126 $1,261,246
2019 $26,399 $1,775,114 $551,276 $1,223,838
2018 $25,232 $1,740,309 $540,467 $1,199,842
2017 $24,249 $1,706,186 $529,870 $1,176,316
2016 $21,871 $1,530,000 $475,100 $1,054,900
2015 $20,618 $1,440,000 $447,200 $992,800
2014 $17,291 $1,170,000 $363,300 $806,700
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®
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