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Oakley, CA 94561,1786 Concannon Drive
Oakley, CA 94561,1786 Concannon Drive
Oakley, CA 94561,1786 Concannon Drive
$550,000
Est. payment /mo
$549,900
Est.Price: ?

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6,098 Sqft Lot
SOLD DATE : 06/20/2023

Key Details

Sold Price $550,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Vintage Parkway

MLS Listing ID 41025398

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

Exterior

Parking Features Direct Access, Garage, Garage Door Opener

Roof Type Shingle

Building

Lot Description Back Yard, Front Yard, Garden, Street Level, Yard

Sewer Public Sewer

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by Glenn Huxtable • SHARP REALTY
Bought with ANGELICA TORRES • CENTURY 21 PRIMETIME REALTORS
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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