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$ 10,000,000

Est. payment | -/mo

2 Beds

1.5 Baths

38,880 SqFt

Save

$ 10,000,000

Est. payment | -/mo

Save

2 Beds

1.5 Baths

38,880 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 38,880 sqft

Price per Sqft $257

Lot Size 1.500 Acres

MLS Listing ID ML82056055

Bedrooms 2

Full Baths 1

Half Baths 1

Property Description

Rare opportunity to acquire a well-maintained 36-unit multifamily gated community comprised entirely of spacious two-story townhouse-style apartments. All units feature a desirable 2-bedroom/1.5-bathroom floor plan with central forced heating, air conditioning, assigned on-site parking, and functional layouts that continue to attract long-term tenants. Situated on approximately 1.50 acres, the property consists of five (5) residential buildings, an on-site leasing/manager's office, swimming pool, 34-covered carport spaces, and 20 uncovered parking spaces. Significant recent capital improvements include Newer Roofs on all main buildings (2019), New Siemens Electrical Sub-panels installed throughout all 36-units (2025), with New Parking Lot Asphalt and Carport Roofs scheduled for completion in late summer, 2026. -- The property offers investors an attractive combination of stable in-place income and long-term upside within the strong Contra Costa County rental market. An exceptional opportunity to acquire a pride-of-ownership asset featuring large townhouse-style units, extensive recent improvements, and excellent long-term investment fundamentals.

Location

State CA

County Contra Costa

Area Concord

Building/Comlex Name Kona Kai Village Apartments

Zoning CMX Commercial Mixed-Use Multifamily

Area Concord

Rooms

Other Rooms Laundry Room, Office Area

Kitchen Countertop - Formica, Dishwasher, Oven Range - Electric, Refrigerator

Interior

Heating Central Forced Air, Forced Air

Cooling Window / Wall Unit

Flooring Carpet, Laminate, Vinyl / Linoleum

1-purchase type For Sale

Exterior

Garage Assigned Spaces, Carport , Guest / Visitor Parking

Pool Pool - In Ground

Community Features Community Pool, Community Security Gate

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Composition,Shingle

Building

Foundation Concrete Slab

Sewer Sewer - Public, Sewer Connected

Water Public

Others

Restrictions None

Tax ID 113-305-003-7

Security Features Security Fence,Security Lights

Special Sale Not Applicable

Listed by Nate Gustavson of Compass
Bought with Nate Gustavson of Compass

3066 Willow Pass RD Concord, CA 94519