1127 Virginia Ln, Concord, CA 94520
- $2,500,000
- 6,636
- SqFt
Listing courtesy of Maurice Carbajal from GCM Realty & Loans. 510-387-7954
- List Price
- $2,500,000
- Status
- ACTIVE
- Days on Market
- 19
- MLS#
- 41145960
- Subtype
- Commercial Sale
- Year Built
- 1965
- Living Area
- 6,636
- Lot Size
- 13,939
- Acres
- 0.32
- Subdivision
- Concord
- Neighborhood
- Concord
Property Description
1127 Virginia Ln is an 8-unit, 100% occupied multifamily asset in Concord priced at $312,500 per unit. In-place rents average $2,472 per month against $2,650 market rent. The deal trades at a 5.23% in-place cap rate (10.53x GRM). The unit mix is uniform: eight 910-square-foot two-bedroom, two-bath residences, most with updated kitchens and/or bathrooms. Built in 1965, the property sits on a 13,939 SF lot with 6,636 square feet of building and 18 surface parking spaces. The property has direct access to Interstate 680 and proximity to HIghway 242, 4 and 24; the Benicia Bridge, connecting tenants to Orinda, Walnut Creek, Danville and the broader Bay Area. Concord BART is a 10-minute drive, putting San Francisco roughly an hour away by transit. Shopping, entertainment, schools and parks are all nearby.
/u.realgeeks.media/24re/24REnet-Rtmr-LOGO-2021-400x100.png){kind=logo}
Additional Information
- Flooring
- Laminate, Partial Carpeting, Vinyl, Engineered Wood
- Appliances
- Disposal, Free-Standing Range, Refrigerator
- Heating
- Wall Furnace
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Features
- Stucco
- Roof
- Flat
- Parking Features
- Carports - 2 Or More, Parking Lot, Space Per Unit - 2
Mortgage Calculator
Bay East © 2026. CCAR © 2026. BridgeMLS © 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on: