1127 Virginia Ln Concord, CA 94520
Listing Courtesy of: CRMLS / Listed By: Maurice Carbajal, Gcm Realty & Loans

  1127 Virginia Ln Concord, CA 94520

Active (4 Days)
$2,500,000 (USD)

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.

MLS #:
41145960
Taxes
$3,025
Lot Size
0.32 acres
Type
Multifamily
Year Built
1965
County
Contra Costa County
Community
Concord

Listed By

Maurice Carbajal, Gcm Realty & Loans
Source
CRMLS
Last checked Aug 27 2026 at 11:10 PM GMT+0000
Bathroom Details
Subdivision
  • Concord
Heating and Cooling
  • Wall Furnace
  • Wall/Window Unit(s)
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {8/27/26 16:10} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.