2170 Fremont St Concord, CA 94520

The property at 2170 2180 Fremont Street offers a rare opportunity to acquire a fully occupied, turn-key 16-unit apartment building in Downtown Concord. Constructed in 1978, the property includes two separate buildings situated on two distinct parcels, totaling 7,852 square feet on a 0.57-acre lot. The unit mix consists of eight studio units and eight one-bedroom, one-bath units. The property features secured access perimeter fencing, 16 covered and 6 uncovered off-street parking spaces, and private patios and balconies, all within a drought-resistant landscape. Each unit is individually metered for gas and electricity. The property is located within an opportunity zone. The location is highly desirable, just minutes from Downtown Concord, with a "Walker's Paradise" walk score. Todos Santos Plaza, Concord BART, and downtown Concord shopping, dining, and entertainment options are all within 1 mile. Most of the units have undergone extensive renovations over the last 4 years. The parking lot was repaired and resealed in 2023/2024, new wood fencing was installed on both sides of the 2170 building in 2023, and the flat asphalt shingle portion of the roof was replaced in 2023.