Active

1880 Robin Lane

Concord CA, 94520

$2,100,000


$405.41 per sqft

Active

5,180 sqft

Multi-family

Built in 1961

Showing Saturday 4/27 11-12. This opportunity features many of the key elements of income producing property most sought after by investors; excellent physical condition, favorable unit mix, limited operational expenses, solid in place income with immediate income growth potential, and high demand location offering excellent access to transportation, employment, shopping, dining, and entertainment. The property consists of a total of 8 units, six 2-bedroom 1-bathroom and two 1-bedroom 1-bathroom units fully occupied at near market rents. The ownership has been diligent in their maintenance and updates to the property replacing all of the windows with dual pane vinyl windows, all of the flooring in the units with either tile or vinyl, all of the wall furnaces and recently replacing the water heater. All units feature gas oven/range, refrigerator/freezer, gas wall furnace, wall AC units, hard surface flooring, shower tub combo and come with 1 assigned parking space. Additionally select units have been updated with shaker wood kitchen cabinetry, new appliances, and feature either enclosed patio or balcony and all residents have access to the coin operated laundry facilities.

41054952

MLS ID

April 4, 2024

Listed

April 18, 2024

Updated

Map

1880 Robin Lane
Concord CA, 94520

Interior Features

Appliances

Dryer, Washer, Gas Water Heater


Floor Description

Laminate, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.18 Acres


Lot Features

Level


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

Concord


Garage

No


Parking

Parking Lot


View

No


County

Contra Costa


Water Source

Public


Pool

No


Buyer Agency Compensation

2%

Listed by Ethan Berger with NAI Northern California
Listing Contact: 925-588-9740 

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