2451 Olivera Rd - Apartments FOR SALE


Concord, CA 94520- Concord/Pleasant Hill
$25,275,000 USD
310-704-3616
2451 Olivera Rd, Concord, CA for Sale
$25,275,000 USD
Apartments - FOR SALE
1/43
null | Request Cap Rate

2451 Olivera Rd
Concord, CA 94520
Concord/Pleasant Hill


HIGHLIGHTS

  • Trust Sale
  • 94 Units with under market rents
  • major access location
  • property is in a residentail location with green space on neighboring properties

OVERVIEW

The Olivera Villa Apartments offer a convenient location just minutes away from highways 242 and 4. The complex is within walking distance to the North Concord BART station, and several restaurants and shops in the Olivera Crossing Shopping Plaza. Featuring a courtyard setting with mature landscape, and a large swimming pool. This property offers a welcome retreat from the hectic life in the East Bay area. Amenities include 930 square feet of usable space, lots of closets- including two full closets in the master bedroom, FIVE on-site laundry rooms, reserved covered parking, and visitor parking is available as well. On-site management and 24 hour emergency maintenance work. Parking spaces – 100 Covered/62 uncovered surface, (4) Laundry Facilities, Utilities included in rents – water, sewer and trash removal Secure cash flow due to Concord Rent Stabilization passed 4/18/24, Electric & Gas metered separately. Include air conditioning, heating, ceiling fans, double vanities, tub/ shower, walk-in closets, balcony, window coverings, vaulted ceilings, vinyl & carpet flooring, patio & high speed internet access.Concord, California is a Bay Area paradise. Not far from Suisun Bay and easily accessible to I-680, Concord is comfortably surrounded by gorgeous scenery, tree covered mountains, and rolling hills. Accented with all of the color and local flair you’d expect from the Bay Area, this is a community with a Southwestern-style vibe. Whether you choose the stucco luxury of Cowell, the quaintly quiet neighborhoods of Four Corners, or the rolling hills of North Concord, you’re definitely in for a treat in this picturesque California city. Trust sale with specific purchase terms. contact Listing agent for information. View property information at Braunco.com.

FOR SALE DETAILS

PRICE

$25,275,000 USD

PRICE/SF

$199 USD /SF

# OF UNITS

94

PRICE/UNIT

$268,883

CAP RATE

Request Cap Rate

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Olivera Villa Apts 94 Units- Trust Sale

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

PARKING SPACES

154

LAND DETAILS

LAND ACRES

4.21 AC

LAND SF

183,394 SF

ZONING

M18, Concord

APN/PARCEL ID

110-035-002-2

ASK ABOUT THIS PROPERTY

Todd WohlBraun InternationalMore Info
310-704-3616

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Todd WohlBraun InternationalMore Info
310-704-3616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.