1006 Court Ln
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1006 Court Ln
3 Unit Apartment Building $1,450,000 ($483,333/Unit) Concord, CA 94518
Investment Highlights
- 3 homes on one lot
- All separate access, gate , backyard and mail boxes
- Income property
Executive Summary
Rare opportunity for new construction income property: three homes on a premium 1/3-acre lot in an exclusive neighborhood, bordering Walnut Creek and Concord. This property is ideally located near a park, trail, and offers easy access to freeways, Costco, shopping centers, and Pleasant Hill BART. **Main Home:** - 3 bedrooms, 2 full baths - Oversized garage - Massive primary bedroom - Spacious backyard with fruit trees **Junior Accessory Dwelling Unit (JADU - Unit B):** - 2 bedrooms, 1.5 baths - Separate entrance, gate, and mailbox - Private backyard **Accessory Dwelling Unit (ADU - Unit A):** - 1 bedroom, 1 bathroom - Separate entrance, gate, and mailbox - Private backyard All three properties are newly constructed from top to bottom, featuring new floors, appliances, kitchen cabinets, counters, vanities, faucets, and fixtures. Each unit includes recessed lighting throughout. The combined potential rental income is approximately $7,800 per month, making it ideal to live in the main house and rent out the JADU and ADU. All permits and blueprints are available, with renovations completed and permits finalized in 2024. **Open House Sun Sep 8th 1-4 pm**
Property Facts
| Price | $1,450,000 | Property Subtype | Apartment |
| Price Per Unit | $483,333 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 3,725 SF |
| Sale Conditions | 1031 Exchange | No. Stories | 2 |
| No. Units | 3 | Year Built/Renovated | 1983/2021 |
| Property Type | Multifamily | Parking Ratio | 0.54/1,000 SF |
| Price | $1,450,000 |
| Price Per Unit | $483,333 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.25 AC |
| Building Size | 3,725 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1983/2021 |
| Parking Ratio | 0.54/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Eat-in Kitchen
- Refrigerator
- Sprinkler System
- Walk-In Closets
- Breakfast Nook
- Dining Room
- Family Room
- Mother-in-law Unit
Site Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Gated
- Guest Apartment
- Walking/Biking Trails
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $4,000 | 2,705 |
| 2+1.5 | 1 | $2,800 | 1,200 |
| 1+1 | 1 | $2,200 | 700 |
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zoning
| Zoning Code | R10 (SFR) |
| R10 (SFR) |
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Presented by
Shiva Jafarzadeh
1006 Court Ln
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