1813 Robin Lane
1813 Robin Lane
$2,340,000
—
6,994
6,994
$335
Sold 4/17/23
Description
Drive by only. Do Not Disturb Tenants. 1813 Robin Lane presents an excellent opportunity for an investor to purchase a fully occupied nine-unit apartment building in the city of Concord. Built-in 1970, the property consists of three buildings; two fourplexes and a single family home on a 22,216 square foot lot. The combined square footage of all three buildings is 6,994 square feet and includes 9 covered off-street parking spaces and 3 uncovered parking spaces. The property consists of eight (8)...Drive by only. Do Not Disturb Tenants. 1813 Robin Lane presents an excellent opportunity for an investor to purchase a fully occupied nine-unit apartment building in the city of Concord. Built-in 1970, the property consists of three buildings; two fourplexes and a single family home on a 22,216 square foot lot. The combined square footage of all three buildings is 6,994 square feet and includes 9 covered off-street parking spaces and 3 uncovered parking spaces. The property consists of eight (8) 2 bedroom/ 1 bathroom units and the 3 bedroom/1.5 bathroom house which are all individually metered for gas and electricity. Current ownership has recently implemented rent increases across all units that took effect on 12/01/2022, and represents an 8.9% increase in additional income compared to current rents. The property also collects ancillary income with onsite laundry facilities and parking. In all, this opportunity will provide a new investor with day one cash flow, additional upside with recent and future rent increases, and is located in a city with some of the highest allowable annual rent growth in the East Bay. Property is 2 miles to Concord Bart Station and Todos Santos Plaza.
- Listed by Eric Keena • DRE #02077388 • BHHS Drysdale Properties
Property Details for 1813 Robin Lane
City
CONCORD
Building Type5 or More Units
Property Sub Type5 or More Units
Garage Spaces0
Garage/ParkingSpaces per Unit - 1, Parking Area
Total # Parking Spaces12
Location
LISTING UPDATED: 04/17/2023 03:16 PM
Property Details for 1813 Robin Lane
Status | Sold |
---|---|
MLS # | 41011344 |
Days on Compass | 82 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1970 |
Lot Size | 0.51 AC / 22,216 SF |
County | Contra Costa County |
Location
Building Information for 1813 Robin Lane
Stories-Residences9Year Built1970Building Size-Lot Size0.51 AC / 22,216 SF
Payment Calculator
$12,770 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1813 Robin Lane
Property History for 1813 Robin Lane
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1813 Robin Lane
This home is within Mt. Diablo Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Cambridge Elementary School PublicK to 5 | ||
Oak Grove Middle School Public6 to 8 | ||
Ygnacio Valley High School Public9 to 12 | ||
Diablo Community Day School Public7 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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