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2065 Riley Court, Concord, CA 94520
Priced at Only: $3,000,000
For more Information Call Mobile: 714.478.6676
Address: 2065 Riley Court, Concord, CA 94520
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  • MLS#: ML81986971 ( )
  • Street Address: 2065 Riley Court
  • Viewed: 3
  • Price: $3,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1986
  • Bldg sqft: 0
  • Days On Market: 38
  • Additional Information
  • County: CONTRA COSTA
  • City: Concord
  • Zipcode: 94520
  • Provided by: Realty World Dominion
  • Contact: Gene Gene
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Unlock the potential of a prime 10 unit apartment complex that offers a remarkable cash flow opportunity! This well maintained property features four spacious two bedroom units and six cozy one bedroom units, boasting a strong occupancy history and attracting easy to find rentersa true investor's dream. With guaranteed income potential from the property, it has been fully rented most of the time, ensuring excellent cash flow. The complex is exceptionally well kept, having recently completed a balcony inspection, making it a maintenance free investment. Tenants enjoy convenient amenities, including individual carport spots and additional parking spaces. Each unit is equipped with its own gas, water, and electrical meters, allowing for straightforward tenant billing and lowering utility costs. Security and comfort are prioritized, with the complex located behind a secure gate in a safe, community oriented environment. There are also future expansion opportunities, such as the potential to add a coin operated washer and dryer laundry room. Conveniently located, it offers an easy commute and is just minutes away from shopping centers.
Features
Building Area Total
  1. 6170.00
Carport Spaces
  1. 10.00
Cooling
  1. Wall/Window Unit(s)
Heating
  1. Wall Furnace
Insurance Expense
  1. 4000.00
Otherexpense
  1. 3076.00
Parcel Number
  1. 1282000619
Roof
  1. Shingle
Totalexpenses
  1. 41021.00
Trash Expense
  1. 10162.00
Year Built
  1. 1986
Year Built Source
  1. Assessor
Zoning
  1. multifamily
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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