2093 Mt. Diablo Street new

Concord,CA 94520

$ 3888000

- Bed

- Bath

7896 SqFt


Key Details

Property Type Commercial

Sub Type Apt Complex

Listing Status Active

Purchase Type For Sale

Square Footage 7,896 sqft

Price per Sqft $492

MLS Listing ID 41098184

Year Built 1961

Lot Size 0.316 Acres

Property Sub-Type Apt Complex

Property Description

The Gardens is a 14-unit apartment property that incl. thirteen, 1 bed/1 bath units and one, studio unit. Over $427k in capital improvements completed. All unit interiors substantially renovated, incl. granite/quartz countertops, shaker style kitchen cabinets, laminate flooring, updated bath vanities, tile shower/tub surrounds and new lighting throughout. Over $11,000 in additional income from utility reimbursement (RUBS). In place one-bedroom rents average $1,889/month. Short 13-minute walk to BART. Fantastic downtown location with a 98 Walk Score very close to Todos Santos Plaza. A turn-key asset with rents at, or near market. Perfect 1031 exchange property.

Location

State CA

County Contra Costa

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate,Carpet

Laundry Coin Operated,Laundry Room

Building

Lot Description Regular

Water Public

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