$6,250,000

3515 Chestnut Avenue, Concord, CA 94519

  • 18,050 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon0.83acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $346/sqft
  • Property List Date Icon Listed 27 days ago

Property Description

3515 Chestnut Ave is 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. (16) of the (20) residences have been extensively renovated with new cabinets and countertops, updated vanities, and luxury plank vinyl (LPV) flooring. Every unit comes equipped with dishwashers, garbage disposals, and air conditioning, and each includes its own private outdoor patio or balcony. Assumable financing is available at 5.40% until 2029 Altogether, the property provides 18,050 square feet of living space, surrounded by landscaping and a serene atmosphere. At the heart of the community is a tranquil swimming pool. Additional amenities include a covered patio, a common area, and an on-site laundry facility with 4 owned washers and dryers. Parking is abundant, offering one covered space per unit along with eight additional rentable spaces. The community is securely enclosed by an iron gate with keyless entry access. Management fee includes property management plus on-site manager credit of $1,400/month

Listing Status:
Active
Date Added:
July 14, 2025 at 05:00AM
Listing Office:
Compass : (415) 345-3000
Listing Agent:
Tony Zizzo : 650-770-8356
MLS ID:
ML82014622
  • A/C: Central Air
  • Heating: Wall Furnace

This listing courtesy of Tony Zizzo, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

El Monte Elementary School

1400 Dina Dr, Concord, CA, 94518

Grades KG-5

0.25 miles away

C

Crossroads High School

2701 Willow Pass Rd, Concord, CA, 94519

Grades 7-12

1.02 miles away

C

Crossroads High School

2701 Willow Pass Rd, Concord, CA, 94519

Grades 7-12

1.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.