1880 Robin Lane Concord, CA 94520
This opportunity features many of the key elements of income producing property most sought after by investors; excellent physical condition, favorable unit mix, limited operational expenses, solid in place income with immediate income growth potential, and high demand location offering excellent access to transportation, employment, shopping, dining, and entertainment. The property consists of a total of 8 units, six 2-bedroom 1-bathroom and two 1-bedroom 1-bathroom units fully occupied at near market rents. The ownership has been diligent in their maintenance and updates to the property replacing all of the windows with dual pane vinyl windows, all of the flooring in the units with either tile or vinyl, all of the wall furnaces and recently replacing the water heater. All units feature gas oven/range, refrigerator/freezer, gas wall furnace, wall AC units, hard surface flooring, shower tub combo and come with 1 assigned parking space. Additionally select units have been updated with shaker wood kitchen cabinetry, new appliances, and feature either enclosed patio or balcony and all residents have access to the coin operated laundry facilities. Last unit rented at $2, 250.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyContra Costa
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site63 Days
- MLS StatusActive
- MLS ID Number41054952
- Home Size Source N/A
- Year Built1961
- Lot Size0.1821 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Stucco
- Parking Spaces 8
- Acreage 0.1821
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall Furnace
- Appliances Gas Water Heater
- Laundry Features Dryer IncludedWasher Included
Exterior Features
- Roof Shingle
- Lot Level with Street
Community Features
- Association Dues 0