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Listed by Richard Martini • Colliers International
$3,888,000
Est. payment /mo
7,896 SqFt
Active
2093 Mt. Diablo Street Concord, CA 94520
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Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 7,896 sqft
Price per Sqft $492
MLS Listing ID 41098184
HOA Y/N No
Year Built 1961
Lot Size 0.316 Acres
Property Sub-Type Apt Complex
Source BAY EAST
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.
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate, Carpet
Fireplace No
Window Features Window Coverings
Appliance Disposal, Free-Standing Range, Refrigerator, Gas Water Heater
Laundry Coin Operated, Laundry Room
Exterior
Handicap Access Other
Building
Lot Description Regular
Water Public
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