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Lesmore M. Barker

lesmore@lesmorebarker.com +1(415) 549-1299

$ 2,500,000

Est. payment -/mo

Save

Active

1127 Virginia Ln Concord, CA 94520

6,636 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,636 sqft

Price per Sqft $376

Subdivision Concord

MLS Listing ID 41145960

HOA Y/N No

Year Built 1965

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Multi Family

Property Description

1127 Virginia Ln is an 8-unit, 100% occupied multifamily asset in Concord priced at $312,500 per unit. In-place rents average $2,472 per month against $2,650 market rent. The deal trades at a 5.23% in-place cap rate (10.53x GRM). The unit mix is uniform: eight 910-square-foot two-bedroom, two-bath residences, most with updated kitchens and/or bathrooms. Built in 1965, the property sits on a 13,939 SF lot with 6,636 square feet of building and 18 surface parking spaces. The property has direct access to Interstate 680 and proximity to HIghway 242, 4 and 24; the Benicia Bridge, connecting tenants to Orinda, Walnut Creek, Danville and the broader Bay Area. Concord BART is a 10-minute drive, putting San Francisco roughly an hour away by transit. Shopping, entertainment, schools and parks are all nearby.

Location

State CA

County Contra Costa

Rooms

Basement None

Interior

Interior Features Updated Baths, Updated Kitchen

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Partial Carpeting, Vinyl, Engineered Wood

Fireplace No

Appliance Disposal, Free-Standing Range, Refrigerator

Laundry Common Area

Exterior

Utilities Available Individual Electric Meter

Total Parking Spaces 18

Building

Lot Description Rectangular Lot

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 1282900651

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Maurice Carbajal • GCM Realty & Loans

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Phone

+1(415) 549-1299

lesmore@lesmorebarker.com

Address

California 94607, USA