Concord CA Real Estate & Commercial for Sale

2180 California St is a stunning 6-unit apartment community located in the thriving city of Concord, California. Situated on a 9,600 square feet parcel of land, the subject property was originally constructed in 2001 and has a gross building area of approximately 6,938 square feet, offering its tenants beautifully designed large two-bedroom townhouse floor plans. Concord, CA is the second largest city in Contra Costa County and the 8th largest city by population in the San Francisco Bay Area. The city is a major regional center on the East Bay and is located about 30 miles east of San Francisco. Concord also provides easy access to Napa Valley, Silicon Valley and Sacramento. The subject property is centrally located and is within close proximity to many transportation corridors including Interstate 680, California State Route 242, California State Route 4, and the Concord BART Station. Tenants and residents also enjoy convenient access to many of the Bay Areas top employers including Kaiser Permanente, Sutter Health, Pandora, Wells Fargo, Google, Apple, Meta as well as many others.

Meticulously maintained 8-unit multi-family building offers 11 parking spaces. This property has recently undergone updates, ensuring modern comfort & style for its residents. Each of the 1-BDRM, 1-BA units features an inviting layout, various wood laminate, carpet and tile flooring, wall heat/AC units. Spacious living rooms & bedrooms. Enjoy the convenience of an eat-in kitchen area & kitchen pantry in every unit. Windows & patio doors were updated with dual-pane windows. Most units showcase granite kitchen counters, cherry wood kitchen cabinets, modern bathroom vanity, vanity tops offering a contemporary aesthetic and functionality. Lower units offer charming small patios, while upper units feature expansive decking spaces. The exterior & interior received comprehensive updates in 2015/16, including new siding, torch down roofing, & a new sewer lateral line. Generate additional income with the coin-operated laundry room equipped with Speed Queen washer & dryer. Each unit has separate PG&E meters, allowing tenants to pay for their own services, while the building owner covers water & trash expenses. Located just minutes away from Concord B.A.R.T. & the vibrant Downtown Concord, this property offers easy access to transportation, dining, shopping, & entertainment.

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.

Immaculate, pride of ownership, five-building office campus on one legal parcel. Two extremely attractive tenants, long term, with strong leases in place. Multiple other long term tenants in place, currently on month to month agreements. Strong occupancy history. Well maintained complex with consistent annual maintenance on roof, HVAC, parking lot, and grounds. Fantastic location and identity in one of Contra Costa's best known business parks. Possible commercial condominium conversion potential. Some tenants pay utilities and interior maintenance. One building completed in 2001 and updated/renovated 2022/23. Two modified gross leases and multiple M-T-M full service leases in place.

Immaculate, pride of ownership, five-building office campus on one legal parcel. Two extremely attractive tenants, long term, with strong leases in place. Multiple other long term tenants in place, currently on month to month agreements. Strong occupancy history. Well maintained complex with consistent annual maintenance on roof, HVAC, parking lot, and grounds. Fantastic location and identity in one of Contra Costa's best known business parks. Possible commercial condominium conversion potential. Some tenants pay utilities and interior maintenance. One building completed in 2001 and updated/renovated 2022/23. Two modified gross leases and multiple M-T-M full service leases in place.