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Chestnut Ave Concord, CA 94519

For Sale
$6,005,000

Spacious units, modern amenities, and assumable financing available.

Property size:
18,050 SF
Lot size:
0.83 Acres

Property Features for Chestnut Ave

General Information

Size
18,050 SF
Lot size
0.83 Acres

Building Details

Year built
1970

Source: COMPASS Agent TONY ZIZZO

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Well-Maintained 20-Unit Apartment Complex

This well-maintained property, situated on a 0.83-acre lot, comprises three buildings with a total of 20 rental units. The unit mix includes one three-bedroom, one-and-a-half-bath unit; one two-bedroom, one-and-a-half-bath unit; and eighteen two-bedroom, one-bath units. Sixteen of the twenty residences have been extensively renovated with new cabinets and countertops, updated vanities, and luxury plank vinyl flooring. Each unit features dishwashers, garbage disposals, air conditioning, and a private outdoor patio or balcony. The property provides 18,050 square feet of living space, complemented by landscaping and a tranquil atmosphere. A swimming pool is located at the heart of the community. Additional amenities include a covered patio, a common area, and an on-site laundry facility with four owned washers and dryers. Parking includes one covered space per unit, along with eight additional rentable spaces. The community is secured by an iron gate with keyless entry access. Assumable financing is available at 5.40% until 2029. The management fee includes property management plus an on-site manager credit of $1,400 per month.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Concord
County
Contra Costa
State
California
Longitude
-122.0060909
Latitude
37.9717817

FAQs

What type of property is this?
Apartment building - Spacious units, modern amenities, and assumable financing available.
Where is this apartment building located?
The property is located at Chestnut Ave Concord, CA.
What is the asking price?
The asking price for this property is $6,005,000.
What are key features of this property?
This property features: - Assumable financing available at 5.40% until 2029.; - Expansive 0.83-acre lot with three buildings encompassing 20 rental units.; - Sixteen of twenty units extensively renovated with new cabinets, countertops, vanities, and LPV flooring.
More about this property
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