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Multifamily Property Near Downtown Concord
For Sale
$1,600,000

1710 Linda Dr, Pleasant Hill, CA 94523

Well-maintained 5-unit building in a high-demand rental area.

Property Size3,248 SF
Price / SF$492.61
Days on Market190

Property Features for 1710 Linda Dr

General Information

Standard status Active
Size 3,248 SF
Property subtype Commercial

Amenities

Common Garage
Composition Roof

Building Details

Year Built 1976
Listing Agency: KAM FINANCIAL & RLTY
Listed By: WILLIAM ZHANG
Source: Corcoran
Added: Apr 7 Changed: Oct 4 Last Checked: Oct 12 at 8:23PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KAM FINANCIAL & RLTY

Investment Insights

Based on property information with market context.

This well-maintained commercial building features 5 units on a single lot. Situated in a desirable neighborhood, the property is located minutes from Downtown Concord. The property is positioned in a high-demand rental area, offering income potential and long-term value. The building size is 3248 square feet. This property presents an investment opportunity in a rapidly growing area.

Key Highlights

  • Prime investment opportunity with strong income potential.
  • 5 units on one lot.
  • Located in a highly desirable, up‑and‑coming neighborhood.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,632
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,640 $1.0M
Cap Rate 7%
$737,600 $737.6K
Cap Rate 9%
$573,689 $573.7K
Market Conditions
NOI Build-Up for 3,248 SF
Gross rent
$98.6K $30.36/SF
− Vacancy
−$4.7K −$1.46/SF
EGI
$93.9K $28.90/SF
− OpEx
−$42.2K −$13.01/SF
NOI
$51.6K $15.90/SF
Area
Contra Costa County, CA
Vacancy
4.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,032,640
Cap Rate 7%
$737,600
Cap Rate 9%
$573,689

Alternative Uses

Best Use
Apartment 5plus
$737.6K
$645.4K – $860.5K (±1% cap)
NOI $51,632 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,942 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store HVAC Service Florist

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

Location Intelligence

Trade Area within ½ mile

1,498
Businesses Nearby

Demographics for 94523, CA

35,272
Population
14,585
Households
2.4
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
4,899
Density / Sq Mi
$142,622
Median Household Income
$74,832
Median Earnings
$2,479
Median Rent
$1,038,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Well-maintained 5-unit building in a high-demand rental area.
Where is this apartment building located?
The property is located at 1710 Linda Dr Pleasant Hill, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Prime investment opportunity with strong income potential.; 5 units on one lot.; Located in a highly desirable, up‑and‑coming neighborhood.
More about this property
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