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2170-2180 Fremont St
Concord, CA 94520
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Fantastic in-place rental income with additional upside through unit turnover/renovation, and annual rental rate increases.
- Concord recently loosened rent control restrictions to 5% max annually.
- Capital Improvements: Most units have been renovated over the last 4 years. Parking lot resealed and new wood fencing installed in 2023/24
- Highly desirable location minutes to Downtown Concord. Todos Santos Plaza, Concord BART, and downtown shopping/dining/entertainment within 1 mile.
- Additional laundry income. Secured perimeter fencing, 22 off-street parking spaces, private patio/balcony, and durable concrete tile roof.
- Separately metered for gas and electric. Located within an opportunity zone.
Property Facts
| No. Units | 16 | Building Size | 7,852 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1978 |
| Building Class | C | Parking Ratio | 2.8/1,000 SF |
| Lot Size | 0.57 AC | ||
| Zoning | DB, Concord | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 7,852 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 2.8/1,000 SF |
| Zoning | DB, Concord |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | 404 |
| 1+1 | 8 | - | 590 - 652 |
Property Taxes
| Parcel Number | 126-042-033-4 | Improvements Assessment | $551,288 |
| Land Assessment | $234,110 | Total Assessment | $785,398 |
Property Taxes
Parcel Number
126-042-033-4
Land Assessment
$234,110
Improvements Assessment
$551,288
Total Assessment
$785,398
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