3683 Willow Pass Road

Concord, CA 94519

$3,490,000
Price
Beds
11,934 Sq. Ft.
$292 / Sq. Ft.
11,934
Sq. Ft.
$292
per Sq. Ft.

Description

3683 Willow Pass Road presents the opportunity to own a distinctive and desirable apartment property in the heart of Concord, steps from incredible amenities! Offering eighteen residential apartments sixteen units featuring a spacious 2 bedroom, 1 bathroom layout, and two units featuring a spacious 1 bedroom, 1 bathroom layout. Each unit has its own air conditioner and wall heater. First-floor units have private patios while the second-floor units have private balconies. Occupancy has been stable...3683 Willow Pass Road presents the opportunity to own a distinctive and desirable apartment property in the heart of Concord, steps from incredible amenities! Offering eighteen residential apartments sixteen units featuring a spacious 2 bedroom, 1 bathroom layout, and two units featuring a spacious 1 bedroom, 1 bathroom layout. Each unit has its own air conditioner and wall heater. First-floor units have private patios while the second-floor units have private balconies. Occupancy has been stable at this apartment with long-term residents due to comfortable living; all bedrooms face quiet open space, and all kitchens have range hoods that vent cooking odor away. Each unit includes its own assigned parking space and all units share a communal laundry room. The building has been well-kept by the current ownership. 3683 Willow Pass Road has a bus stop on the same block and it is a short driving distance to Concord Bart station. Across the street, you will find a small strip mall for shopping & dining. A few blocks away is the high-regard Monte Garden Elementary School. The city of Concord will continue to see job and population growth, pushing for higher housing demand. Don't miss this great opportunity for a pure investor or owner/operator!

Property Details for 3683 Willow Pass Road

MLS City Name
CONCORD
Building Type
Other
Garage Spaces
0
Parking Spaces
24

Location

Listing Courtesy of KW Advisors, OWN Real Estate, DRE #70010079
Add your commute
LISTING UPDATED: 05/09/2024 02:41 PM

Property Details for 3683 Willow Pass Road

StatusActive
MLS #ML81964299
Days on Compass15
Taxes$39,770 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1961
Lot Size0.42 AC / 18,500 SF
CountyContra Costa County

Location

Listing Courtesy of KW Advisors, OWN Real Estate, DRE #70010079
Add your commute

Building Information for 3683 Willow Pass Road

Stories-Residences-Year Built1961Building Size-Lot Size0.42 AC / 18,500 SF

Payment Calculator

$22,361 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,046

Property Taxes

$3,314

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3683 Willow Pass Road

Features
Room Information
  • Kitchen: Countertop - Granite, Hood Over Range, Oven Range - Gas, Refrigerator
Features
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 11934
  • Pool: No
  • Security Features: Video / Audio System
  • Special Features: Other
Utilities
  • Cooling: Central AC
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Leased Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 18
  • Area Text: Concord
  • Restrictions: Parking Restrictions, Other
  • Roof: Other
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 3683
  • Street Name: Willow Pass
  • Street Suffix: Road
  • Area ID: 5701
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 11934
  • Structure SqFt Source: Assessor
  • Age: 63
Development Information
  • Ownership Type: Limited Partnership
  • Zoning Detail: APT
Location Information
  • Parcel Number: 111-273-025-2
  • County Name: Contra Costa
  • City Name: CONCORD
  • City Postal ID: 327
  • Postal Code: 94519
  • Elementary School District: 2096
  • High School District Text: West Contra Costa Unified
Lot Information
  • Foundation: Other
  • Lot Acres: .42
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 17
General Information
  • Annual Tax Amount: $39,770
  • Capitalization Rate: 5.20
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Parking
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $8,761
  • Expense Landscape: $0
  • Expense Maintenance: $10,000
  • Expense Management: $16,068
  • Expense Trash: $16,779
  • Expenses Other: $39,458
  • Expenses Utility: $9,203
  • Expenses Total: $140,039
  • Operating Expenses Include: Accounting/Legal, Fee - Association, Fee - Property Management, Insurance, Maintenance - Capital Improvements, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Repair, Services - Security, Services - Trash Removal, Utilities - Water, Other
  • Gross Rent Multiplier: 10.86
  • Income Annual Gross: $321,360
  • Income Annual Rental: $314,880
  • Income Gross Scheduled: $321,360
  • Income Other: $6,480
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
Unit 2 Information
  • Unit 2 Approx Square Footage: 682
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 505

Property History for 3683 Willow Pass Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 3683 Willow Pass Road

Taxable ValueLand$495,098Additions$1,113,854Total$1,608,952
Tax Record2023$32,325 ($2,694 / month)
Home Facts
Total Finished SqFt11,934 SqFtAbove Grade Finished SqFt11,934 SqFtStories1Lot Size18,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningAPCountyCONTRA COSTAAPN111-273-025-2

Schools near 3683 Willow Pass Road

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
Monte Gardens Elementary School
PublicK to 5

El Dorado Middle School
Public6 to 8

Concord High School
Public9 to 12

Crossroads High (Continuation) 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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3683 Willow Pass Road is a multi-family home for sale in Concord, CA 94519. This property was listed for sale on May 3, 2024 by KW Advisors, it's currently listed at $3,490,000. It has been on the market for a total of 15 days and was last sold on December 22, 2008. This listing's school district is Mt. Diablo Unified School District. Nearby schools include Monte Gardens Elementary School, El Dorado Middle School and Concord High School. 3683 Willow Pass Road is a 0-bed, 0-bath, 11,934 sqft multi-family home built in 1961.

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 KW Advisors, OWN Real Estate, DRE #70010079

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.