Listing Agency: herman commercial real estate

Listed By: KEVIN HERMAN · License #CA

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:43PM

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Investment Insights

Based on property information with market context.

This 6-unit apartment property is located in a Concord cul-de-sac and includes on-site parking along with laundry facilities. The units are occupied by longer-term tenants, providing an established tenancy profile.

Section 1 work has been completed, and the property is offered by a long-time owner. The building is situated at 1540 Lacey Ct in Concord, California.

Key Highlights

• 6‑unit apartment property
• On‑site parking included
• Laundry facilities on the property

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Accounting Firm Grocery & Convenience Store (Bike/Boat/Book/etc) Store Travel Agency Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6

Residential units

Location Intelligence

Trade Area within ½ mile

966

Businesses Nearby

Explore this area Business Placement

Demographics for 94520, CA

38,383

Population

13,661

Households

2.8

Avg Household Size

35

Median Age

30%

College-Educated

79%

High-School Grad

9.9 sq mi

ZIP Area

3,877

Density / Sq Mi

$79,790

Median Household Income

$43,382

Median Earnings

$2,118

Median Rent

$572,400

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - Apartment property with on-site parking and laundry facilities.

Where is this apartment building located?

The property is located at 1540 Lacey Ct Concord, CA.

What are key features of this property?

This property features: 6‑unit apartment property; On‑site parking included; Laundry facilities on the property