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