1895 San Vincente Dr, Concord, CA 94519

Concord
Local realty services provided by:ERA Carlile Realty Group
1895 San Vincente Dr,Concord, CA 94519
$5,600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ethan berger
Office: nai northern california510-336-4712
MLS#:41146851
Source:CRMLS

Price summary

  • Price:$5,600,000

About this home

The Driftwood Apartments, a well-maintained 27-unit multifamily property offering a proven value-add strategy and continued rental upside. The property consists of 14 two-bedroom, 8 one-bedroom, and 5 studio units totaling approximately 19,035 SF on a 28,314 SF lot. Ownership has renovated 17 of 27 units with updated kitchens and bathrooms, LVP flooring, LED lighting, dual-pane windows, and upgraded electrical. Renovated units currently achieve significant rental premiums, averaging approximately $593 for two-bedrooms, $504 for one-bedrooms, and $468 for studios. Additional highlights include a 2019 PVC roof replacement, 27 parking spaces, on-site laundry, and a utility recovery program for gas, electricity, water, and trash. With proven renovations, demonstrated rent premiums, and additional units available for future upgrades, The Driftwood Apartments offers investors multiple avenues for continued income and NOI growth.

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Home facts

  • Year built:1961
  • Subdivision & Development:CONCORD
  • Listing ID #:41146851
  • Added:5 day(s) ago
  • Updated:September 07, 2026 at 11:02 AM

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Roof:Composition
  • Year built:1961
  • Lot area:0.65 Acres
  • Lot Features:Street Level
  • Construction Materials:Stucco, Wood Siding

Finances and disclosures

  • Price:$5,600,000

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Gas Water Heater

Parking

  • Total parking spaces:27
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