1895 San Vincente Dr, Concord, CA 94519
1895 San Vincente Dr, Concord, CA 94519
1895 San Vincente Dr, Concord, CA 94519
1895 San Vincente Dr, Concord, CA 94519
1895 San Vincente Dr, Concord, CA 94519
1895 San Vincente Dr, Concord, CA 94519
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 5,495,000
Est. payment | /mo

0.65 Acres Lot

Save
$ 5,495,000
Est. payment | /mo
Save

0.65 Acres Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Concord

MLS Listing ID 41146851

HOA Y/N No

Year Built 1961

Lot Size 0.650 Acres

Property Sub-Type Apartment

Property Description

The Driftwood Apartments, a well-maintained 27-unit multifamily property offering a proven value-add strategy and continued rental upside. The property consists of 14 two-bedroom, 8 one-bedroom, and 5 studio units totaling approximately 19,035 SF on a 28,314 SF lot. Ownership has renovated 17 of 27 units with updated kitchens and bathrooms, LVP flooring, LED lighting, dual-pane windows, and upgraded electrical. Renovated units currently achieve significant rental premiums, averaging approximately $593 for two-bedrooms, $504 for one-bedrooms, and $468 for studios. Additional highlights include a 2019 PVC roof replacement, 27 parking spaces, on-site laundry, and a utility recovery program for gas, electricity, water, and trash. With proven renovations, demonstrated rent premiums, and additional units available for future upgrades, The Driftwood Apartments offers investors multiple avenues for continued income and NOI growth.

Location

State CA

County Contra Costa

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Roof Type Composition

Total Parking Spaces 27

Building

Lot Description Street Level

Others

Tax ID 1141920163

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ethan Berger NAI Northern California #01868467

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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1895 San Vincente Dr

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