SOLD 10/03/2023
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Commercial sold for $3,200,000 in 211 days
1835 Robin Ln Concord, CA, 94520
Off the market 5 or More Units
1835 Robin Lane presents an excellent opportunity for an investor to purchase a 11 unit apartment building in the city of Concord. Built-in 1969, the property consists of three buildings surrounding a central courtyard on a 22,216 square foot lot. The combined square footage of all three buildings is 9,148 square feet and includes covered and uncovered off-street parking spaces. The property consists of eleven (11) 2 bedroom/ 2 bathroom units, each with their own balcony or ground floor patio space on a low maintenance landscape. Five units have been fully renovated by current ownership, and all units are individually metered for gas and electric. The property also collects ancillary income with onsite laundry facilities and available storage lockers. The property boasts a “Very Walkable” walk score of 78 and is a great location for commuters with its close proximity to CA-242, as well as less than 2 miles to the Downtown Concord BART station and Todos Santos Plaza.In all, this opportunity will provide a new investor with day one cash flow, additional upside with annual rent increases, and is located in a city with some of the highest allowable annual rent growth in the East Bay.
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Property details
9,148 sqft interior area
Land area
22,216 sqft (0.51 acres)
Address
1835 Robin Ln, Concord, CA, 94520
City of California
Concord
County
Contra Costa
Previous price
$3,800,000
Year Built
1969
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
Covered, Parking Lot, Assigned, Uncovered Park Spaces 2+
Utilities Included
Wired For Cable TV
Other rooms
Storage
Amenities
None
Basement
None
Listed by
Eric Keena, BHHS Drysdale Properties
Name
Eric Keena
License number
02077388
Brokerage company
BHHS Drysdale Properties
MLS #
41020944
Buyer agent
Name
Tejveer Yadav
Brokerage company
Tejveer Yadav, Broker
Payment calculator
Calculate your monthly payments
Mortgage
$9,825
Taxes
$0
HOA dues
$0
Mortgage
$640,000 / 20%
2.28%
30 years
Your amount
$9,825 / month
Exterior Features
None construction and more
Construction
None
Yard
Garden
Lot details
TMK #1282100559
Lot Description
Regular, Security Gate
Parcel nr.
1282100559
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
$867.54k
Neighborhood average
sales price*
sales price*
$802.6k
Neighborhood median
sales price*
sales price*
477
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 Oct 3, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 3, 2023 | Sold | $3,200,000 | 0 | Public Record |
| Oct 3, 2023 | Price Decrease | $3,200,000 -11.11% | 0 | MLS #41020944 |
| Apr 18, 2023 | Price Decrease | $3,600,000 -5.26% | 0 | MLS #41020944 |
| Mar 7, 2023 | New Listing | $3,800,000 | 0 | MLS #41020944 |
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Frequently Asked Questions about 1835 Robin Ln
What is 1835 Robin Ln?
1835 Robin Ln is a Commercial/Industrial propertywith 9,148 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
1835 Robin Ln, Concord, CA, 94520.
What comparable properties are nearby?
Comparable nearby commercial properties include 1880 Robin Ln, 1459 Del Rio Cir, 4620 Pacheco Blvd, 3533 Plaza Way, 2221 Railroad Ave, 441 W 10th St.
Based on information from the bridgeMLS as of 05-02-2024. 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: Oct 06, 2023
Verhouse Last checked 2 minutes 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.
