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    2236 Hillsborough Ct Concord, CA 94520

    • Apartment buildings
    • 3,340 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2236 Hillsborough Ct

    Year built
    1970
    Property size
    3,340 SF
    Property type
    Apartment buildings

    Description

    This well-maintained, two-story apartment building in Concord, CA, presents a compelling investment opportunity. Located at 2236 Hillsborough Ct, 94520, this 3,340 square foot Class B property boasts four units, each featuring two bedrooms and one bathroom. Recent updates include white cabinets, vinyl flooring, fresh paint, modern light fixtures, and hardware. Units offer spacious family rooms and either a deck or enclosed patio. Tenant amenities include a convenient on-site laundry room and covered parking for each unit. Gas and electric are tenant-responsible. The property enjoys a prime location, minutes from Highway 242, BART, shopping, dining, Concord John Muir Hospital, and downtown Concord. Built in 1970, this property offers a pro-forma NOI of $77,460 and a pro-forma cap rate of 5.74%. The asking price is $1,350,000, representing a price per square foot of $404.19 and a price per unit of $337,500. This is a turnkey investment ready for immediate income generation. The property is situated in Contra Costa County, California.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Contra Costa
    State
    California
    Longitude
    -122.037
    Latitude
    37.9979

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    2236 Hillsborough Ct
    Concord, CA 94520
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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