1813 Robin Lane

Concord, CA 94520

$2,340,000
Last Sold Price
Beds
6,994 Sq. Ft.
$335 / Sq. Ft.
6,994
Sq. Ft.
$335
per Sq. Ft.

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.
  1. Listed by Eric Keena • DRE #02077388 • BHHS Drysdale Properties

Property Details for 1813 Robin Lane

City
CONCORD
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage Spaces
0
Garage/Parking
Spaces per Unit - 1, Parking Area
Total # Parking Spaces
12

Location

Listing Courtesy of BHHS Drysdale Properties, Eric Keena, DRE #02077388

Sold By Berkshire Hathaway Home Svcs, Monjid Aldiyyat, DRE #01973084; BHHS Drysdale Properties, Eric Keena, DRE #02077388

Add your commute
LISTING UPDATED: 04/17/2023 03:16 PM

Property Details for 1813 Robin Lane

StatusSold
MLS #41011344
Days on Compass82
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1970
Lot Size0.51 AC / 22,216 SF
CountyContra Costa County

Location

Listing Courtesy of BHHS Drysdale Properties, Eric Keena, DRE #02077388

Sold By Berkshire Hathaway Home Svcs, Monjid Aldiyyat, DRE #01973084; BHHS Drysdale Properties, Eric Keena, DRE #02077388

Add your commute

Building Information for 1813 Robin Lane

Stories-Residences9Year Built1970Building Size-Lot Size0.51 AC / 22,216 SF

Payment Calculator

$12,770 per month

30 year fixed, 7.25% Interest

Principal and Interest

$12,770

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1813 Robin Lane

Features
Feature Details
  • Flooring: None
  • Laundry: Washer, Dryer
Room Details
  • Rooms Total: 0
  • Bathrooms Total Count: 0.0
  • Bathrooms Half: 0
Utility Details
  • Cooling: Window/Wall Unit(s)
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public
Lot / Property Details
Home Owners Association
  • HOA Dues: $.00
Property Details
  • Additional Equipment: All Public Utilities, Dryer, Individual Electric Meter, Security Fence, Washer
  • Exterior: None
  • Lot Description: Garden, Regular
  • Lot Sq Ft Apx: 22216
  • Lot Size Square Feet: 22216.0
  • Roof: Shingle
  • Sq Ft Apx: 6994
  • Stories: 0.0
  • Year Built: 1970
Location Details
  • Directions to Property: 242NEx1 RtMarkt/Meadow Rt Robin
  • FIPS Code: 06013
  • Census Tract: 3362.01
  • Parcel Number: 128-210-054-2
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 9
  • Basement: None
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Multi Family 5+ Information
Building Details
  • Additional Features-Misc: Garden
  • Apx Lot Acres: 1
  • On Site Parking Description: Carport - 1, Parking Area, Space Per Unit - 1, Uncovered Park Spaces 2+
Income / Expense Details
  • Gross Rent Multiplier: $0
Other Financial Information
  • Cap Rate: 0.0
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1813 Robin Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS Drysdale Properties, Eric Keena, DRE #02077388

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.