1127 Virginia Ln, Concord, CA 94520

Concord
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1127 Virginia Ln,Concord, CA 94520
$2,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: maurice carbajal
Office: gcm realty & loans925-602-1900
MLS#:41145960
Source:CRMLS

Price summary

  • Price:$2,500,000

About this home

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.

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Home facts

  • Year built:1965
  • Subdivision & Development:CONCORD
  • Listing ID #:41145960
  • Added:1 day(s) ago
  • Updated:August 24, 2026 at 04:32 PM

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1965
  • Lot area:0.32 Acres
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$2,500,000
  • Tax amount:$3,025

Parking

  • Total parking spaces:18
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