Sold

3515 Chestnut Avenue

Concord CA, 94519

$5,000,000


$223.00 per sqft

Sold

22,422 sqft

Commercial

Built in 1971

We are pleased to present the Chestnut Gardens Apartments, offered for sale for the first time ever by the original builder and only owner. The Chestnut Gardens represents a very rare opportunity to invest in a well maintained quality asset with strong historical performance and investment upside. The property features eighteen large 2 bedroom 1 bath units, one 2 bedroom 1.5 bath and one 3 bedroom 1.5 bath split level townhouse style units. All of the units include enclosed yard or balcony, gas stove, dishwasher, garbage disposal, individual metering for PG&E, remote accessed gated covered parking stall and access to the pool and on-site laundry facilities. The property benefited from significant capital improvement projects including the resurfacing of the driveways and parking lots, installation of new kitchen cabinetry, granite counter tops, dual pane windows, and the addition of a digital gate entry system.

40810012

MLS ID

February 15, 2024

Updated

Map

3515 Chestnut Avenue
Concord CA, 94519

Interior Features

Floor Description

Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other

Exterior/Building Features

Lot Size

0.83 Acres


Lot Features

Other


Roof

Other

Other Property Details

Area Name

Concord


Garage

No


Parking

Other


View

No


County

Contra Costa


Pool

No


Buyer Agency Compensation

1.25%

Listed by Joseph Tapia with NAI Northern California
Listing Contact: 510-336-4715 

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