1835 Robin Ln
Concord, CA 94520
Multifamily Property For Sale
·
11 Units
Property Facts
| No. Units | 11 | Building Size | 9,148 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1969/2015 |
| Building Class | C | Parking Ratio | 2.19/1,000 SF |
| Lot Size | 0.50 AC | ||
| Zoning | M18 - Residential development | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 9,148 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1969/2015 |
| Parking Ratio | 2.19/1,000 SF |
| Zoning | M18 - Residential development |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Oven
- Carpet
- Yard
- Double Pane Windows
- Family Room
- Garden
Site Amenities
- Courtyard
- Security System
- Gated
- Laundry Service
- Storage Space
About 1835 ROBIN LN , CONCORD, CA 94520
The Pinza Group is excited to be selected as the exclusive brokerage to market the Gil Apartments in Concord. The Gill Apartments present a rare opportunity for an investor to purchase eleven 2bd/2bth units of approximately 825 square feet and in great condition. The property is within 10-20% of market rents, making this a unique opportunity where an owner will not have to do significant rent increases to achieve significant cash flow. Further, unlike other multifamily properties available in the area, this property has undergone significant renovations and will not need any capital improvement expenditure. Said renovations include but is not limited to, fresh paint, dual pane windows, asphalt, landscaping & mulch, security camera system, private & automatic security gate, and exterior lighting. The property also has two coin operated laundry rooms which generate significant income, as well as private tenant storage, a manager's office, and a huge owner's storage unit. There is even an opportunity to convert the storage into a non conforming studio. There is also on site tenant and guest parking which generates income now and can be increased in the future. CONTACT STEVEN PINZA, ESQ. FOR A COMPLETE MARKETING PACKAGE
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 11 | - | 825 |
Property Taxes
| Parcel Number | 128-210-055-9 | Improvements Assessment | $2,244,000 |
| Land Assessment | $1,020,000 | Total Assessment | $3,264,000 |
Property Taxes
