Comm Ri Multi-units 5+ For Sale
4,535 Sqft - 1640 Frisbie Ct, CONCORD, California 94520
Property Description
1640 Frisbie Court is a 6-unit multifamily investment opportunity located in Concord, California. Built in 1961, the 4,535 square foot property consists of 4 renovated 2 bedroom/1 bathroom units and 2 1 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 from the current ownership 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 extra 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 : 40952016
Price : $1,565,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,535 Sqft
Year Built : 1961
Lot Area : 0.15 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 : 1640
Floor Number : 0
Longitude : W123° 57' 22.1''
Latitude : N37° 57' 20''
MLS Addon
Office Name : CGM Realty & Loans
Building Type : 5 Or More Units
Area : Concord
Address : 1640 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 : $345
Age : 60
Apx Lot Sq Ft : 6,305 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 : Natural Gas Connected, Individual Electric Meter, All Public Utilities, Individual Gas Meter
EXTERIOR : Stucco
FLOORING : Tile, Laminate
LOT DESCRIPTION : Irregular, Other
ON-SITE PARKING DESC : Covered Parking, Tandem Parking, Space Per Unit - 2
OPERATING EXPENSES : Electric, Gas, Insurance, Janitorial, Maintenance/repair, Management, License/ads, Property Tax/assessments, Trash Removal, Water
SEPARATE METERS : Electric, Gas
SOME UNITS HAVE : Updated Baths, Updated Kitchen, Dishwasher, Refrigerator, Disposal, Microwave, Oven Range Free Standing, Deck
TENANT PAYS : Cable Tv, Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
LAUNDRY : Community Facility, Dryer, Washer, Coin Operated, Common Room
Census Tract : na
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $2,100
2nd Loan Balance : $115,200
Tot Other Loans : $2,400
Financial Data Verif(Y/N) : 5.3
FINANCIAL DATA SOURCE : Owner, Tax Return, Incomplete, 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 : $1,600,000
Sold Price : $1,530,000
Previous Price : $1,600,000
Concessions : 15000
Sale $/SqFt : $0
Gross Oper Actual Inc : 117600
Annual Gross Sched Inc : 117600
Net Oper Income : 84924
Annual Mgmt Exp : 5770
Annual License Exp : 150
Annual Util Exp : 10920
Other Ann Exp : 0
Tot Ann Oper Exp : 38445
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 3084
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Buyer Broker DRE Number : 01415783
Sale COOP : Same agent Listing and Selling
Gross Rent Multiplier : 13.6
ZIDX Only Street Name : Frisbie Ct
Buyer Agent DRE Num. : 01415783
Co List Agent DRE Num. : 01415783
List Agent DRE Num. : 01415783
LA1Agent License ID : 01415783
LA1NRDS_ID : 161502696
SA1Agent First Name : Maurice
SA1Agent Last Name : Carbajal
SA1Agent License ID : 01415783
SA1User Code : 161502696
SA1NRDS_ID : 161502696
Annual Vacancy : 0
Gross Income : 117600
Listing Broker DRE Numbe : 01415783
Sale/Original $ : 96
Annual Exp Yr : 32676
Sale $/SqFt : 337
1st - Yrs Remaining : 0
Sale/Last List $ : 98
Interest Rate : 0
Board ID : CONTRA COSTA
Assessors Parcel No : 128-290-047
Showing : Offers subject to inspections
SO1Office Abbreviation : CCGRCM
SO1Office Name : CGM Realty & Loans
LO1Main Office ID : 24913
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 24913
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 1530000
Address Search Number : 1640
Listing Agent : 92206
Listing Office : 24913
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 92206
Buying Office 1 : 24913
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 7
Input Date : 28/05/2021 22:32:50
Update Date : 18/11/2021 16:36:09
PhotoTimestamp : 18/11/2021 16:36:09
First Photo Add Timestamp : 28/05/2021 22:32:50
List Date : 28/05/2021
Expire Date :
Pending Date : 11/10/2021
Closing Date : 18/11/2021
Status Date : 18/11/2021
Price Date : 18/11/2021
Off Market Date : 11/10/2021
Status : Sold
Dual Variable : Yes
HOA : No
New Subdivision : No
City Transfer Tax : No
Ocpnt Req 24 Hr : Yes
Off Market Status Date :
LVT Date : 28/05/2021
DOMLS : 136
Cumulative DOMLS : 136
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?: 4
Unit # 2 # of Bathrooms: 1
Unit # 2 # of Bedrooms: 1
Unit # 2 Air Cond.: Yes
Unit # 2 Approx. SqFt: 655
Unit # 2 Dining Room: Yes
Unit # 2 Fireplace: No
Unit # 2 Parking Spaces: 2
Unit # 2 Range Oven: Yes
Unit # 2 Refrigerator: Yes
Unit # 2 Rent: 1400
Unit 2 # Units This Type?: 2
