1880 Robin Lane, Concord, CA

$2,100,000

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5,180

Square feet

0.18

Acres

About 1880 Robin Lane

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 of 1880 Robin Lane

MLS® # 41054952
Price $2,100,000
Bathrooms 0.00
Square Footage 5,180
Acres 0.18
Year Built 1961
Type COMM RI MULTI-UNITS 5+
Sub-Type 5 or More Units
Status Active

Community Information

Address 1880 Robin Lane
Area Listing
City Concord
County Contra Costa
State CA
Zip Code 94520

Amenities

Utilities All Public Utilities, Individual Electric Meter, Individual Gas Meter
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Washer, Gas Water Heater
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No

Exterior

Lot Description Level
Roof Shingle
Construction Stucco

Additional Information

Date Listed April 4th, 2024
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentEthan Berger
OfficeNAI Northern California

Listing Map

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