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$2,500,000 Just Listed

  • For Sale
  • Active
  • Commercial Residential Facility
  • 0.32 Acres
  • Updated 20 hours ago
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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.

Full Property Details for 1127 Virginia Ln

General

  • Price: $2,500,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: MAX
  • MLS ID: 41145960
  • Updated: 8/23/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Updated Baths, Updated Kitchen
  • Appliances: Disposal, Free-Standing Range, Refrigerator
  • Flooring: Laminate, Partial Carpeting, Vinyl, Engineered Wood

Rooms

Other Rooms

  • Laundry: Common Area

Additional Information

  • Equipment: None

Parking

  • Parking Features: Carports - 2 Or More, Parking Lot, Space Per Unit - 2

Location

  • Area: Listing
  • County: Contra Costa
  • Subdivision: Concord
  • Driving Directions: Monument Blvd to Virginia Ln..

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Water: Public
  • Utility Description: Individual Electric Meter

Structural Information

  • Exterior Const.: Stucco
  • Roof: Flat
  • Year Built: 1965

Lot Features

  • Lot Size (Acres): 0.32
  • Lot Dimensions: 13939.2
  • Lot Features: Rectangular Lot

Financial Considerations

  • For Sale: Yes
  • Price Per Sq. Ft.: $377
  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 1282900651

Listed by GCM Realty & Loans, Maurice Carbajal

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Listing agent

— 1127 Virginia Ln —

  • Maurice Carbajal

    GCM Realty & Loans

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1127 Virginia Ln

School District:Mount Diablo Unified School District
NameGradesDistance
Cambridge Elementary School, Concord, CA
1135 Lacey Lane, Concord, CA 94520
K-50.2 mi
Oak Grove Middle School
2050 Minert Road, Concord, CA 94518
6-81.2 mi
Ygnacio Valley High School
755 Oak Grove Road, Concord, CA 94518
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1127 Virginia Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/23/2026
Listed
$2,500,000
35.87%
MLS
9/12/2018
Sold
$1,840,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1127 Virginia Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,025
—
$2,098,200
2%
2025
$30,025
5%
$2,058,770
2%
2023
$28,481
—
$2,020,324
2%
2023
$28,481
1%
$1,982,438
2%
2022
$28,131
3%
$1,944,836
2%
2021
$27,180
1%
$1,909,706
1%
2020
$26,919
1%
$1,892,442
3%
2019
$26,593
25%
$1,840,000
28%
2018
$21,207
4%
$1,432,898
2%
2017
$20,379
3%
$1,404,803
2%
2016
$19,700
3%
$1,377,259
2%
2015
$19,167
25%
$1,356,573
30%
2014
$15,356
4%
$1,040,000
—
2013
$14,829
—
$1,040,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1127 Virginia Ln

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by GCM Realty & Loans, Maurice Carbajal

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1127 Virginia Ln, Concord, CA 94520 (MLS# 41145960) is a Commercial Residential Facility property. 1127 Virginia Ln is currently listed for $2,500,000 and was received on August 23, 2026. Want to learn more about 1127 Virginia Ln? Do you have questions about finding other Commercial Residential Facility real estate for sale in Concord? You can browse all Concord real estate or contact a Coldwell Banker agent to request more information.

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