The R&Z Group of Compass Commercial is pleased to present 3515 Chestnut Avenue, Concord, CA 94519 — an exceptional multifamily investment opportunity nestled on a quiet residential street in the heart of Contra Costa County.
Situated on an expansive 0.83-acre lot, this well-maintained property consists of three separate buildings encompassing a total of 20 spacious rental units. The asset offers a highly desirable mix of units, including one three-bedroom, one-and-a-half-bath unit; one two-bedroom, one-and-a-half-bath unit; and eighteen large two-bedroom, one-bath units. Sixteen of the twenty residences have been extensively renovated with modern finishes, featuring new cabinets and countertops, updated vanities, and luxury plank vinyl (LPV) flooring. Every unit comes equipped with contemporary conveniences such as dishwashers, garbage disposals, and air conditioning, and each includes its own private outdoor patio or balcony to elevate the tenant living experience.
Altogether, the property provides 18,050 square feet of living space, surrounded by manicured landscaping and a serene atmosphere. At the heart of the community is a tranquil swimming pool, enclosed by a lush ivy-covered wall and mature redwood trees. Additional shared amenities include a covered patio, a turf common area, and a clean, well-maintained on-site laundry facility equipped with four owned washers and four owned dryers.
Parking is abundant, offering one covered space per unit along with eight additional rentable spaces. The entire community is securely enclosed by a wrought iron gate with keyless entry access, ensuring privacy and peace of mind for residents.
Perfectly positioned just minutes from Downtown Concord, BART, shopping, dining, and a wide range of everyday conveniences, 3515 Chestnut Avenue offers tenants walkable access to everything they need. This is a rare opportunity to acquire a true pride-of-ownership asset in one of Concord’s most desirable neighborhoods.
Contact The R&Z Group of Compass Commercial today to schedule your private tour and secure this outstanding investment opportunity.