Sold

1880 Parkside Ave

Concord CA, 94519

$7,500,000


$290.70 per sqft

Sold

25,800 sqft

Commercial

Built in 1966

This is a rare opportunity for an investor to own an excellent, well-maintained 28-unit multifamily property in one of Contra Costa County's strongest rental markets. This investment offers a great unit-mix, location and significant upside potential. The subject properties are located in the Concord/Pleasant Hill area of Concord and are a short walk to BART, Safeway, Todos Santos Plaza, and the other amenities of the downtown Concord area. The property consists of three, two-story buildings, situated around a sunny center courtyard, and a single family home. There are 4, 1-bedroom 1-baths; 20, 2-bedroom, 1-baths; and 4, 3-bedroom 1-baths. Included in this sale is a 3-Bed 1-Bath single family home located adjacent to the complex. Each unit is separately metered for P.G.E. The buildings are located on two lots, with a total of 1.61 acres, 41 parking spaces, and the option to tandem park an additional six cars off-street.

40813364

MLS ID

February 15, 2024

Updated

Map

1880 Parkside Ave
Concord CA, 94519

Interior Features

Laundry Description

Coin Operated


Floor Description

Linoleum, Tile, Carpet


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

1.19 Acres


Lot Features

Level


Roof

Wood


Sewer

Public Sewer

Other Property Details

Area Name

Concord


Garage

No


Parking

Carports - 2 Or More, Covered, Guest, Tandem


View

No


County

Contra Costa


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listed by Erich Reichenbach with Marcus & Millichap
Listing Contact: 415-302-2144 

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