SOLD 04/17/2023
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Interior Features
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Commercial sold for $2,340,000 in 188 days
1813 Robin Ln Concord, CA, 94520
Off the market 5 or More Units
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.
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Property details
6,994 sqft interior area
Land area
22,216 sqft (0.51 acres)
Address
1813 Robin Ln, Concord, CA, 94520
City of California
Concord
County
Contra Costa
Previous price
$2,528,000
Year Built
1970
District
Concord
Nearby major retailers
Costco
Neiman Marcus
Trader Joe's
Pet Food Express
Tiffany & Company
Supercuts
Walgreens
Apple Store
Ross
7-Eleven
Nordstrom
Macy's
Safeway
Lowe's
Toyota
Whole Foods Market
T-Mobile
See's Candies
Wholesale: 1
Department store: 4
Supermarket: 10
Pet: 1
Jewelry: 1
Hairdresser: 1
Electronics: 2
Convenience: 1
Do it yourself: 1
Car: 1
Mobile phone: 4
Confectionery: 1
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Interior Features
None floors
Floor Covering
None
Garage & Parking
Carport, Parking Lot, Space Per Unit - 1, Uncovered Park Spaces 2+
Utilities Included
All Public Utilities, Individual Electric Meter
Appliances
Dryer, Washer
Basement
None
Listed by
Eric Keena, BHHS Drysdale Properties
Name
Eric Keena
License number
02077388
Brokerage company
BHHS Drysdale Properties
MLS #
41011344
Buyer agent
Name
Monjid Aldiyyat
Brokerage company
Berkshire Hathaway Home Svcs
Payment calculator
Calculate your monthly payments
Mortgage
$7,185
Taxes
$0
HOA dues
$0
Mortgage
$468,000 / 20%
2.28%
30 years
Your amount
$7,185 / month
Exterior Features
None construction and more
Construction
None
Yard
Garden
Lot details
TMK #1282100542
Lot Description
Regular, Garden
Parcel nr.
1282100542
94520 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 94520
43%
Families with children
National average: 39%
35%
Non family households
285,907
Population
$120,789
Average Income
Age & gender
Median age 39 years
More info
Commute types
74% commute by car
More info
Education level
28% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
38% have 2 vehicle
More info
Vehicles by gender
38% have 2 vehicle
More info
Housing market insights for
$864.08k
Neighborhood average
sales price*
sales price*
$801.3k
Neighborhood median
sales price*
sales price*
480
Number
of sales*
of sales*
Housing type
53% are single detacheds
More info
Rooms
36% of the houses have 4 or 5 rooms
More info
Bedrooms
58% have 2 or 3 bedrooms
More info
Owners vs Renters
56% are owners
More info
11.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Apr 17, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 17, 2023 | Sold | $2,340,000 | 0 | Public Record |
| Apr 17, 2023 | Price Decrease | $2,340,000 -7.44% | 0 | MLS #41011344 |
| Jan 17, 2023 | Pending | $2,528,000 | 0 | MLS #41011344 |
| Dec 12, 2022 | For sale | $2,528,000 | 0 | MLS #41011344 |
| Nov 28, 2022 | Pending | $2,528,000 | 0 | MLS #41011344 |
| Oct 12, 2022 | New Listing | $2,528,000 | 0 | MLS #41011344 |
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Frequently Asked Questions about 1813 Robin Ln
What is 1813 Robin Ln?
1813 Robin Ln is a Commercial/Industrial propertywith 6,994 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1813 Robin Ln, Concord, CA, 94520.
What comparable properties are nearby?
Comparable nearby commercial properties include 1880 Robin Ln, 1650 3rd St, 4620 Pacheco Blvd, 3533 Plaza Way, 2121 Willow Pass Rd, 441 W 10th St.
Based on information from the bridgeMLS as of 05-03-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 17, 2023
Verhouse Last checked less than a minute ago
The closest grocery stores are FoodMaxx, 0.19 miles away and Del Valle Supermercado, 0.28 miles away.
The 94520 zip area has a population of 285,907, and 43% of the families have children. The median age is 39.99 years and 74% commute by car. The most popular housing type is "single detached" and 56% is owner.
