1880 Robin Lane Concord, CA $ 2,100,000
1880 Robin Lane
$ 2,100,000
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1880 Robin Lane

Concord, CA, 94520
$ 2,100,000
Bedrooms3 Baths2.0 Sq 5,180

Monthly Estimate*

$ 13,957

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Commercial Property for sale in Concord, CA

for $2,100,000 with 3 bedrooms and 2 full baths. This 5,180 square foot building was built in 1961 on a lot size of 0.182117.

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.

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Commercial Active

Price

$ 2,100,000

Bedrooms

3

Full Bath

2

Property Type

Commercial

Taxes

$ 0

Style

5 or More Units

Lot Size

0.182117

Year Built

1961

Town/City

Concord

County/Region

Contra Costa

MLS | Web ID

41054952

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities All Public Utilities Individual Electric Meter Individual Gas Meter
Roof Composition Shingles
Appliances Dryer Washer Gas Water Heater
Construction Materials Stucco
Year Built 1961
Property SubType 5 or More Units
County Contra Costa
Property Type Commercial Sale
HOA / Comm Assn Y
Garage Y/N No
Status Active
Directions Robin & Meadow
City Concord
MLS Area Listing
Lot Size Square Feet 7933
Street Name Robin Lane
Standard Status Active
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Interior
Flooring Laminate Tile
Air Conditioning Y/N Yes
Heating Y/N Yes
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Exterior
Parking Features Parking Lot
Lot Features Level
Water Source Public Water District
Lot Size Area 7933
Lot Size Acres 0.18
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* Excluded Features
List By
Ethan Berger

Listing Agent

Nai Northern California

Broker

ethan@nainorcal.com

Email

Affordability Calculator

$13,957
Per Month
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0%
0%
Monthly Principal & Interest
$13,957
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$2,100,000 Listed Price

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1880 Robin Lane, Concord, CA, 94520 is a Commercial Property for sale at $2,100,000 with 5,180 sqft and a lot size of 0.182117. 1880 Robin Lane has 3 bedrooms, 2.0 baths, and was built in 1961. The property's zip code is 94520 which is in Concord, CA