$550,000
$549,900
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1786 Concannon Drive Oakley, CA 94561
6,098 Sqft Lot
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Vintage Parkway
MLS Listing ID 41025398
Sold Date 06/20/23
HOA Y/N No
Year Built 1989
Lot Size 6,098 Sqft
Property Description
Wonderful 3 bedroom 2 bathroom open floor-plan home used as a licensed Residential Care Facility. Leased at $3145/mo. In middle of 5 year lease (ends 12/31/25) with annual escalation clause of 5%. CAP rate of 5.3%. Tenant/operator (Teresa's Quality Comfort Care) has been great and would love to stay long term & is willing to renegotiate a new 10 year lease now. Great and large family room, kitchen & dining room. Dramatic vaulted ceilings & lots of natural light. LVP flooring throughout most of home. Mirrored closet doors. Refrigerator, washer & dryer. Spacious & low maintenance yard with free-form aggregate patio and raised block-wall gardening area. Shed on side yard. 2 car garage and extra-wide driveway. Do not disturb current tenants. (Pictures are from before current tenant moved in and once they were ready for residents to move in.)
Location
State CA
County Contra Costa
Interior
Heating Forced Air, Natural Gas
Flooring Laminate
Fireplace No
Appliance Gas Water Heater, Dryer, Washer
Exterior
Parking Features Direct Access, Garage, Garage Door Opener
Roof Type Shingle
Total Parking Spaces 5
Building
Lot Description Back Yard, Front Yard, Garden, Street Level, Yard
Sewer Public Sewer
Others
Tax ID 0373010032
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with ANGELICA TORRES • CENTURY 21 PRIMETIME REALTORS