Comm Ri Multi-units 5+ For Sale
4,836 Sqft - 1620 Frisbie Ct, CONCORD, California 94520
Property Description
16720 Frisbie Court is a 6-unit multifamily investment opportunity located in Concord, California. Built in 1961, the 4,836 square foot property consists of newly renovated 2 bedroom/1 bathroom units in one two-story building of wood frame and stucco construction. Each unit features private entries, gas wall heat, wall air conditioning units, and hardscape. The property has undergone recent interior renovations to most units including new vinyl wood flooring, new granite kitchen counters, updated bathrooms, new light fixtures, dual pane windows, and fresh paint throughout the property. Additional features of the property include an on-site laundry room for additional income, one covered and one open parking stall per unit (tandem), and storage closets for each unit. The property is individually metered for PG&E.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40951998
Price : $1,650,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,836 Sqft
Year Built : 1961
Lot Area : 0.14 Sqft
Features
Heating System : Wall Furnace
Cooling System : Window/wall Unit(s)
Roof : Flat
Address Map
Country : US
State : CA
County : Contra Costa
City : CONCORD
Zipcode : 94520
Street : Frisbie Ct
Street Number : 1620
Floor Number : 0
Longitude : W123° 57' 23.2''
Latitude : N37° 57' 18.7''
MLS Addon
Office Name : CGM Realty & Loans
Building Type : 5 Or More Units
Area : Concord
Address : 1620 Frisbie Ct
Cross Street : Lacey Ln
Directions to Property : Monument to Lacey to Frisbie Ct
LA1User Code : 161502696
LA1Agent First Name : Maurice
LA1Agent Last Name : Carbajal
Status Category : Sold
Tot # Parking Spaces : 12
Tot # of Units : 6
List $/SqFt : $341
Age : 60
Apx Lot Sq Ft : 6,000 Sqft
Type of Building : Apt Complex
Annual Taxes : $15,960
Total Deposits : $0
ALL UNITS HAVE : Oven Range Free Standing, Refrigerator, Disposal, Updated Baths, Updated Kitchen
DISABLED FEATURES : Other
EQUIPMENT ADDITIONAL : Water Heater Gas, Individual Electric Meter, All Public Utilities, Individual Gas Meter
EXTERIOR : Stucco
FLOORING : Tile, Laminate
LOT DESCRIPTION : Other
ON-SITE PARKING DESC : Covered Parking, Tandem Parking, Space Per Unit - 2
OPERATING EXPENSES : Electric, Gas, Insurance, Maintenance/repair, Management, License/ads, Property Tax/assessments, Trash Removal, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Patio, Updated Baths, Updated Kitchen, Dishwasher, Disposal, Microwave, Deck
TENANT PAYS : Electric, Gas
UNITS-OTHER : Other
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Community Facility, In Laundry Room, Dryer, Coin Operated, Laundry Equip - Owned, Common Room
Census Tract : na
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $2,100
2nd Loan Balance : $124,200
Tot Other Loans : $2,400
Financial Data Verif(Y/N) : 5.53
FINANCIAL DATA SOURCE : Owner, Property Manager, Rental Agreement
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $1,650,000
Sold Price : $1,625,000
Previous Price : $1,650,000
Sale $/SqFt : $0
Gross Oper Actual Inc : 128600
Annual Gross Sched Inc : 128600
Net Oper Income : 97594
Annual Mgmt Exp : 6210
Annual License Exp : 150
Annual Util Exp : 9251
Other Ann Exp : 600
Tot Ann Oper Exp : 37216
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 3084
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01104388
Gross Rent Multiplier : 13.28
ZIDX Only Street Name : Frisbie Ct
Buyer Agent DRE Num. : 02019291
Co List Agent DRE Num. : 01415783
Co Sell Agent DRE Num. : 01104388
List Agent DRE Num. : 01415783
LA1Agent License ID : 01415783
LA1NRDS_ID : 161502696
SA1Agent First Name : Lili
SA1Agent Last Name : Falsken
SA1Agent License ID : 02019291
SA1User Code : 159525251
SA1NRDS_ID : 159525251
Annual Vacancy : 0
Gross Income : 128600
Listing Broker DRE Numbe : 01415783
Sale/Original $ : 98
Annual Exp Yr : 31006
Sale $/SqFt : 336
1st - Yrs Remaining : 0
Sale/Last List $ : 98
Interest Rate : 0
Board ID : CONTRA COSTA
Assessors Parcel No : 128-290-045
Showing : Offers subject to inspections
SA2Agent First Name : Brian
SA2Agent Last Name : Baniqued
SA2Agent License ID : 01104388
SO1Office Abbreviation : CCWBBQD
SO1Office Name : BCRE
LO1Main Office ID : 24913
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 39342
SO1Board ID : 0
SO2Office Identifier : 39342
SO2Office Type : 0
SO2Office Name : BCRE
SO2Office State : CA
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 1625000
Address Search Number : 1620
Listing Agent : 92206
Listing Office : 24913
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 158285
Buying Office 1 : 39342
Co-Sell Agent : 59886
Buying Office 2 : 39342
Photo Count : 4
Input Date : 28/05/2021 22:02:12
Update Date : 18/11/2021 16:33:49
PhotoTimestamp : 18/11/2021 16:33:49
First Photo Add Timestamp : 28/05/2021 22:02:12
List Date : 28/05/2021
Expire Date :
Pending Date : 25/08/2021
Closing Date : 15/11/2021
Status Date : 18/11/2021
Price Date : 18/11/2021
Off Market Date : 25/08/2021
Status : Sold
Dual Variable : Yes
HOA : No
City Transfer Tax : No
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 28/05/2021
DOMLS : 89
Cumulative DOMLS : 89
Unit # 1 # of Bathrooms: 1
Unit # 1 # of Bedrooms: 2
Unit # 1 Air Cond.: Yes
Unit # 1 Approx. SqFt: 806
Unit # 1 Dining Room: Yes
Unit # 1 Fireplace: No
Unit # 1 Parking Spaces: 2
Unit # 1 Range Oven: Yes
Unit # 1 Refrigerator: Yes
Unit # 1 Rent: 1700
Unit 1 # Units This Type?: 6
