2745 Concord Blvd 7 Unit Apartment Building $2,086,900 CAD ($298,129 CAD/Unit) 7.73% Cap Rate Concord, CA 94519

The Pinza Group is pleased to present 2745 Concord Blvd, a well-maintained seven-unit property nestled in the heart of Concord, CA. Constructed in 1939, this charming cottage-style development offers a mix of living spaces, including two studios, three 1-bedroom/1-bathroom flats, one 1-bedroom/1-bathroom cottage, and one 2-bedroom/1-bathroom apartment, all spread across a spacious 7,500 square foot lot. Each unit boasts separately metered gas and electric utilities, individual water heaters and air conditioning. Recent upgrades include a new roof and driveway installed in 2018. Private off-street parking is provided for each unit, ensuring convenience for residents. Strategically located within minutes of major transportation routes including Highways 4, 242, and 680, as well as public transportation options such as BART, the property offers easy access to downtown Concord and nearby employment centers. Residents will appreciate the proximity to local amenities, parks, shops, restaurants, and the vibrant downtown Willow Pass Road area.
Concord, nestled in the Bay Area, epitomizes paradise with its proximity to Suisun Bay and easy access to I-680, providing a gateway to breathtaking scenery including tree-covered mountains and rolling hills. Reflecting the vibrant culture of the Bay Area, Concord exudes a Southwestern-style vibe, offering diverse neighborhoods such as the stucco luxury of Cowell, the tranquil ambiance of Four Corners, and the scenic beauty of North Concord. Visitors and residents alike are spoiled for choice with attractions like Pixieland and Six Flags Hurricane Harbor for family fun, while outdoor enthusiasts can explore the Contra Costa Canal Trails. Music lovers can catch live performances at the open-air Sleep Train Pavilion, and foodies can indulge in the diverse dining and entertainment options that dot the city, making Concord a captivating destination for all.