$2,788,888

2065 Riley Court, Concord, CA 94520

  • 6,170 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1986
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $452/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

Unlock the potential of a prime 10-unit apartment complex that offers a remarkable cash flow opportunity! This well-maintained property features four spacious two-bedroom units and six cozy one-bedroom units, boasting a strong occupancy history and attracting easy-to-find rentersa true investor's dream. With guaranteed income potential from the property, it has been fully rented most of the time, ensuring excellent cash flow. The complex is exceptionally well-kept, having recently completed a balcony inspection, making it a maintenance-free investment. Tenants enjoy convenient amenities, including individual carport spots and additional parking spaces. Each unit is equipped with its own gas, water, and electrical meters, allowing for straightforward tenant billing and lowering utility costs. Security and comfort are prioritized, with the complex located behind a secure gate in a safe, community-oriented environment. There are also future expansion opportunities, such as the potential to add a coin-operated washer and dryer laundry room. Conveniently located, it offers an easy commute and is just minutes away from shopping centers.

Listing Status:
Active
Date Added:
November 19, 2024 at 06:00AM
Listing Office:
Realty World Dominion : 408-980-5202
Listing Agent:
Gene Au : 510-852-9898
MLS ID:
ML81986971
  • Appliances: Refrigerator
  • Heating: Wall Furnace

This listing courtesy of Gene Au, Realty World Dominion

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Meadow Homes Elementary School

1371 Detroit Ave, Concord, CA, 94520

Grades KG-5

0.31 miles away

D

Diablo Community Day

1026 Mohr Ln, Concord, CA, 94518

Grades 7-12

1.19 miles away

D

Diablo Community Day

1026 Mohr Ln, Concord, CA, 94518

Grades 7-12

1.19 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.