1621 Detroit Ave

Concord, CA 94520

$9,150,000
Last Sold Price
47
Beds
—
Baths
24,958 Sq. Ft.
$367 / Sq. Ft.
24,958
Sq. Ft.
$367
per Sq. Ft.
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Closed 3/29/24
Closed 3/29/24

Description

California Villas is a charming 35-unit apartment community located at 1621 Detroit Ave in Concord, CA. This property is perfectly situated just steps away from Clayton Ave, the main thoroughfare of The City of Concord, ensuring easy access to a vibrant array of shopping, dining, & entertainment options. Built in 1966 & thoughtfully upgraded with significant capital improvements, California Villas stands as a prime investment opportunity. Comprised of 4 buildings totaling 24,958 SF, the property...California Villas is a charming 35-unit apartment community located at 1621 Detroit Ave in Concord, CA. This property is perfectly situated just steps away from Clayton Ave, the main thoroughfare of The City of Concord, ensuring easy access to a vibrant array of shopping, dining, & entertainment options. Built in 1966 & thoughtfully upgraded with significant capital improvements, California Villas stands as a prime investment opportunity. Comprised of 4 buildings totaling 24,958 SF, the property rests on a spacious 39,476 SF lot, providing ample space for residents to enjoy. The unit mix at The California Villas is thoughtfully designed, offering 23 1-bed, 1-bath units & 12 2-bed, 1-bath units. Nearly 70% of the units have undergone major upgrades & showcase contemporary finishes, including vinyl plank flooring, white cabinets with stainless-steel hardware, stone countertops, stainless-steel appliances, tile backsplashes, & stainless-steel sinks. Each unit is equipped with AC wall units & boasts private balconies or patios, providing residents with comfort and relaxation. This inviting community also features a pool, on-site coin-operated laundry, secured gated access, & 40 secured off-street parking spaces.
  1. Listed by Zach W Greenwood • DRE #DRE #01960296 • CBRE
    P: (415)-714-4825 C: (415)-714-4825 zwgreenwood@gmail.com
  2. Listed by Keith Manson • DRE #DRE #01490046 • CBRE
    P: (415)-773-3592 keith.manson@cushwake.com

Property Details for 1621 Detroit Avenue

Parking Features
Carport, Off Street, Uncovered
Cross Street
Clayton
Total Parking Spaces
40
LISTING UPDATED: 06/18/2024 06:27 PM

Property Details for 1621 Detroit Avenue

StatusClosed
MLS #423910818
Days on Compass108
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1966
Lot Size0.91 AC / 39,476 SF
CountyContra Costa County
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Location

Listing Courtesy of CBRE, Zach W Greenwood, DRE #DRE #01960296; CBRE, Keith Manson, DRE #DRE #01490046

Sold By The Pinza Group, Inc, Steven Pinza, DRE #DRE #01867691

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Building Information for 1621 Detroit Avenue

Stories2Residences35Year Built1966Building Size-Lot Size0.91 AC / 39,476 SF

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$44,406 per month

30 year fixed, 6.11% Interest

Principal and Interest

$44,406

Property Taxes

$0

HOA Dues

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Property Information for 1621 Detroit Avenue

Summary
Location and General Information
  • Coordinates: -122.042415, 37.968994
  • Latitude: 37.968994
  • Longitude: -122.042415
  • Area/District: Concord
  • Zip Plus 4: 3325
  • Location Description: Concord
Taxes and HOA
  • APN: 1280100676
  • Association: No
  • City Transfer Tax Rate: .00%
  • County Transfer Tax Rate: .00%
  • Tax Tract: 0.00
Parking
  • Covered Spaces: 0
  • Independent Parking Spaces: 0
  • Carport Spaces: 0
  • Garage Spaces: 0
  • Tandem Parking Spaces: 0
  • Open Parking Spaces: 0
  • Num of Parking Spaces: 40.0
  • Parking: Carport, Off Street, Uncovered
  • Carport: Yes
  • Garage: No
  • Open Parking: Yes
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Square Footage Source: Assessor Auto-Fill
  • Year Built Source: Assessor Agent-Fill
  • Lot Features: Shape Regular
  • Building Area Source: Assessor Auto-Fill
  • Building Area Total: 24958.0
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Area: 39476.0
  • Lot Size Units: SqFt
Property and Assessments
  • Property Condition: Updated/Remodeled
  • Elevation: 0
  • Units Furnished: None
  • Number Of Buildings: 4
  • Videos Change Timestamp: 06-18-2024 03:08:15 PM
Farm Information
  • Irrigation Water Rights: No
Utilities
  • Gas: Separate Meter
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Elevation Units: Feet
  • # of Guest Space(s): 0
  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Concrete, Slab
  • Stories: 2
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Secured Access, Unguarded Gate
  • Senior Community: No
  • Stories Total: 2
Interior Features
  • Heating: Gas, Wall Furnace
  • Laundry Appliances: Coin Operated, Common Area, Dishwasher, Disposal, Free-Standing Electric Oven, Free-Standing Refrigerator, Microwave, Varies By Unit
  • Basement: None
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Electric: Separate Meter
  • Flooring: Carpet, Linoleum, Vinyl
  • Full Bathrooms: 0
  • # of Rooms: 35
  • Basement: No
  • Bathrooms Partial: 0
  • Cooling: Yes
  • Heating: Yes
Room Information
1 Bedroom Unit
  • 1 Bedroom Annual Occupancy: .00%
  • # of 1 Bedrooms Occupied: 23
2 Bedroom Unit
  • 2 Bedroom Annual Occupancy: .00%
  • # of 2 Bedrooms Occupied: 12
3 Bedroom Unit
  • 3 Bedroom Annual Occupancy: .00%
  • # of 3 Bedrooms Occupied: 0
4 Bedroom Unit
  • 4 Bedroom Annual Occupancy: .00%
  • # of 4 Bedrooms Occupied: 0
Multi Family
Income & Expenses
  • Gross Income Multiplier: 0.0
  • Operating Expense Includes: Utilities
Multi-Family Information
  • Total # Owner Occupied: 0
  • # Studios Occupied: 0
  • # of Units: 35
  • # Of Units Vacant: 0
  • # Of Units Leased: 24
  • Total # Leasable: 0
  • Total # Section 8: 0
Agent
Sale and Listing
  • Standard Status: Closed
Rental
Rent Information
  • Existing Lease Type: Net
  • # Of Units Month to Month: 0
  • Studio Annual Occupancy: .00%
  • Current Rent: $.00
  • Leasable Area Units: Square Feet
  • Gross Rent Multiplier: 10.65

Property History for 1621 Detroit Avenue

DateEvent & SourcePriceAppreciation
Mar 29, 2024

Sold

RESFAR #423910818

$9,150,000—
Jan 5, 2024

Pending

RESFAR #423910818

—
Sep 19, 2023

Listed (Active)

RESFAR #423910818

$9,750,000—
Apr 19, 2008

Expired

RESFAR #40319119

$4,800,000—
Jan 18, 2008

Listed (Active)

RESFAR #40319119

$4,800,000—
DateEvent & SourcePrice
03/29/2024

Sold

RESFAR #423910818

$9,150,000
01/05/2024

Pending

RESFAR #423910818

—
09/19/2023

Listed (Active)

RESFAR #423910818

$9,750,000
04/19/2008

Expired

RESFAR #40319119

$4,800,000
01/18/2008

Listed (Active)

RESFAR #40319119

$4,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1621 Detroit Avenue

This home is within Mt. Diablo Unified School District.
Rating
School
Type
Grades
Distance
Meadow Homes Elementary School
Public - K to 5
Oak Grove Middle School
Public - 6 to 8
Mt. Diablo High School
Public - 9 to 12
Olympic Continuation High School
Public - 9 to 12
Rating
School
Distance
Meadow Homes Elementary School
PublicK to 5

Oak Grove Middle School
Public6 to 8

Mt. Diablo High School
Public9 to 12

Olympic Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CBRE, Zach W Greenwood, DRE #DRE #01960296; CBRE, Keith Manson, DRE #DRE #01490046

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.