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$ 3,770,000
Est. payment | /mo
0.32 Acres Lot
$ 3,770,000
Est. payment | /mo
0.32 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Concord
MLS Listing ID 41115398
HOA Y/N No
Year Built 1961
Annual Tax Amount $55,045
Lot Size 0.316 Acres
Property Sub-Type Apartment
Property Description
The Gardens is a 14-unit apartment property that incl. thirteen, 1 bed/1 bath units and one, studio unit. Over $427k in capital improvements completed. All unit interiors substantially renovated, incl. granite/quartz countertops, shaker style kitchen cabinets, laminate flooring, updated bath vanities, tile shower/tub surrounds and new lighting throughout. Over $11,000 in additional income from utility reimbursement (RUBS). In place one-bedroom rents average $1,889/month. Short 13-minute walk to BART. Fantastic downtown location with a 98 Walk Score very close to Todos Santos Plaza. A turn-key asset with rents at, or near market. Perfect 1031 exchange property. Assumable fixed rate loan possible at 3.36% through 11/28.
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Total Parking Spaces 14
Listed by Richard Martini Colliers International
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4040 Barranca Pkwy # 150, Irvine, California, 92604, USA