Properties

Comm Ri Multi-units 5+ For Sale

0.51 Acre - 3515 Chestnut Avenue, CONCORD, California 94519

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Property Description

We are pleased to present the Chestnut Gardens Apartments, offered for sale for the first time ever by the original builder and only owner. The Chestnut Gardens represents a very rare opportunity to invest in a well maintained quality asset with strong historical performance and investment upside. The property features eighteen large 2 bedroom 1 bath units, one 2 bedroom 1.5 bath and one 3 bedroom 1.5 bath split level townhouse style units. All of the units include enclosed yard or balcony, gas stove, dishwasher, garbage disposal, individual metering for PG&E, remote accessed gated covered parking stall and access to the pool and on-site laundry facilities. The property benefited from significant capital improvement projects including the resurfacing of the driveways and parking lots, installation of new kitchen cabinetry, granite counter tops, dual pane windows, and the addition of a digital gate entry system.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40810012
Price : $4,995,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.51 Acre
Year Built : 1971
Lot Area : 0.83 Sqft
Features
Heating System : Other Heat
Cooling System : Other
Basement : Other
Roof : Other
Address Map
Country : US
State : CA
County : Contra Costa
City : CONCORD
Zipcode : 94519
Street : Chestnut Avenue
Street Number : 3515
Floor Number : 0
Longitude : W123° 59' 17.8''
Latitude : N37° 58' 19.2''
MLS Addon
Office Name : JOSEPH M. TAPIA, BROKER
Building Type : Lowrise (1-3 Flrs)
Area : Concord
Address : 3515 Chestnut Avenue
Cross Street : Garnet Lane
Directions to Property : Btwn Chestnut Ave & Garnet Ln
LA1User Code : R01307460
LA1Agent First Name : JOSEPH
LA1Agent Last Name : TAPIA
Status Category : Sold
Tot # Parking Spaces : 20
Tot # of Units : 20
List $/SqFt : $223
Age : 47
Apx Lot Sq Ft : 36,000 Sqft
Type of Building : Apt Complex
Annual Taxes : $54,925
Total Deposits : $0
ADDTL FEATURES MISC. : Other
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Other
FLOORING : Other
LOT DESCRIPTION : Other
ON-SITE PARKING DESC : Other
TENANT PAYS : Other
WATER/SEWER : Other
ENERGY SAVING FEATURE : Other
Census Tract : 00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $13,500
2nd Loan Balance : $336,300
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.66
FINANCIAL DATA SOURCE : Other
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $4,995,000
Sold Price : $5,000,000
Previous Price : $4,995,000
Sale $/SqFt : $0
Comm Ri Multi-units 5+ For Sale
  • Listing ID : 40810012
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 0.51 Acre
$4,995,000
Agent info
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