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2170 Fremont St, Concord, CA 94520
Priced at Only: $3,824,000
For more Information Call Mobile: 714.478.6676
Address: 2170 Fremont St, Concord, CA 94520
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  • MLS#: 41104577 ( )
  • Street Address: 2170 Fremont St
  • Viewed: 1
  • Price: $3,824,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1978
  • Bldg sqft: 0
  • Days On Market: 44
  • Additional Information
  • County: CONTRA COSTA
  • City: Concord
  • Zipcode: 94520
  • Provided by: BHHS Drysdale Properties
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Association Fee
  1. 0.00
Construction Materials
  1. Wood Siding
Cooling
  1. Wall/Window Unit(s)
Laundry Features
  1. Dryer Included
  2. Washer Included
Netoperatingincome
  1. 219594.00
Otherexpense
  1. 4600.00
Parcel Number
  1. 1260420334
Sourcesystemkey
  1. 41104577:BMLS
Tenant Pays
  1. Gas
Year Built
  1. 1978
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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