CA > Concord
Concord, CA 94520,2170 Fremont St
Concord, CA 94520,2170 Fremont St
Concord, CA 94520,2170 Fremont St
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,824,000
Est. payment /mo
0.57 Acres Lot
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 41104577

HOA Y/N No

Year Built 1978

Annual Tax Amount $55,227

Lot Size 0.570 Acres

Property Description

2170 2180 Fremont Street presents a rare opportunity for an investor to purchase a turn-key fully occupied 16 unit apartment building located in Downtown Concord. Built in 1978, the property comprises two separate buildings on two separate parcels, with a combined square footage of 7,852 square feet on a 0.57 acre lot. The unit mix consists of eight Studio units and eight-1 bedroom/ 1 bath units. Additionally, the property features secured access perimeter fencing, 16 covered and 6 uncovered off street parking spaces, and private patios/balconies all on a drought resistant landscape. All units are individually metered for gas and electric. Fantastic in-place rental income with additional upside through unit turnover/renovation, and annual rental rate increases. Highly desirable location just minutes to Downtown Concord. “Walkers Paradise” walk score. Todos Santos Plaza, Concord BART, and downtown Concord shopping/dining/entertainment all within 1 mile. Located within an opportunity zone. Most of the units have had extensive renovations over the last 4 years. The parking lot was repaired and resealed in 2023/2024, new wood fencing installed on both sides of the 2170 building in 2023, and the flat asphalt shingle portion of the roof was replaced in 2023.

Location

State CA

County Contra Costa

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dryer, Washer

Exterior

Total Parking Spaces 22

Others

Tax ID 1260420334

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CRMLS – RECore
Listed by Eric Keena BHHS Drysdale Properties

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