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Property Description

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. Last unit rented at $2,250.

Features
: Wall Furnace
: Wall/window Unit(s)
: Dryer Included, Washer Included
0
Additional Information
NAI Northern California
0
BMLS-R01868467
BMLS-OBOJMTB
Ethan
1282100435
32

Multi-Family For Sale

1880 Robin Lane, Concord, California 94520

$2,100,000
Listing ID #41054952
Basic Details
Status : Active
DaysOnMarket : 35
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 41054952
Price : $2,100,000
Lot Size : 7,933 Sqft
Year Built : 1961
Country : US
State : California
County : Contra Costa
City : Concord
Zipcode : 94520
ModificationTimestamp : 2024-05-08 13:32:02
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