NOT LISTED FOR SALE
Studio
-- Bath
9,148 Sq Ft
0.51 Acre Lot

Sale Details

Date Sold: October 3, 2023

Last sale price $3,200,000 $350 Per Sq Ft

167 Days on Market

Highlights

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

About This Home

As of October 2023

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.

Last Agent to Sell the Property

Eric Keena

Bhhs Drysdale Properties License #02077388 Listed on: 03/07/2023

Bhhs Drysdale Properties

Co-Listed By

Monjid Aldiyyat

Bhhs Drysdale Properties License #01973084

Last Buyer's Agent

Tejveer Yadav

Tejveer Yadav, Broker License #01921616

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 22,216 Sq Ft Lot
  • Rectangular Lot
  • Garden

Parking

  • Covered Parking
  • Parking Lot
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Multiple Heating Units

Community Details

  • No Home Owners Association
  • 9,148 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 1282100559

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0.51 Acres

Listing Details

  • Year Built: 1969
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.51
  • Co List Office Mls Id: OBOPPCR 08
  • Directions: 242Exit1-Rt to Meadow-Rt Robin
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: None
  • Basement: None
  • Other Equipment: None
  • Interior Amenities: Storage

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Parking Lot, Assigned, Uncovered Park Spaces 2+

Utilities

  • Heating: MultiUnits
  • Utilities: Wired For Cable TV
  • Cooling: Wall/Window Unit(s)
  • 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: 1282100559
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 336201

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Sep 1, 2023
Sold by
Bought by
Seller's Agent
Eric Keena
Bhhs Drysdale Properties
Buyer's Agent
Tejveer Yadav
Tejveer Yadav, Broker
List Price
$3,800,000
Sold Price
$3,200,000
Premium/Discount to List
-$600,000
-15.79%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Outstanding Balance
$2,133,508
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,740,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,815,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2008
Sold by
Bought by

Purchase Details

Closed on
May 21, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.05%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$3,200,000 Fidelity National Title Compan
-- First American Title
$2,982,000 Chicago Title Company
-- None Available
$1,290,000 First American Title Company
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $2,200,000
Previous Owner $1,740,000
Previous Owner $1,815,000
Previous Owner $200,000
Previous Owner $300,000
Previous Owner $600,000
Previous Owner $360,000
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 $3,200,000 -- --
10/03/2023 10/03/23 Sold $3,200,000 -11.1% $350 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $3,600,000 -5.3% $394 / Sq Ft
03/07/2023 03/07/23 For Sale $3,800,000 -- $415 / 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
2026 $46,021 $3,329,280 $1,040,400 $2,288,880
2025 $46,021 $3,264,000 $1,020,000 $2,244,000
2024 $44,338 $3,200,000 $1,000,000 $2,200,000
2023 $44,338 $3,197,304 $1,393,861 $1,803,443
2022 $43,559 $3,134,613 $1,366,531 $1,768,082
2021 $42,330 $3,073,151 $1,339,737 $1,733,414
2019 $22,896 $1,348,225 $406,232 $941,993
2018 $21,835 $1,321,790 $398,267 $923,523
2017 $20,900 $1,295,873 $390,458 $905,415
2016 $20,097 $1,270,464 $382,802 $887,662
2015 $19,500 $1,251,381 $377,052 $874,329
2014 $18,813 $1,226,870 $369,667 $857,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41020944

Bay East Association of REALTORS®
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