Prime Investment Opportunity! 2506 Bonifacio St is a sprawling 6 bed, 3 bath property with 3 buildings totaling 2,228 sf in the heart of Concord. The property consists of a 5 bed/2 bath 1408 sf fully leased main house, a 1 bed/1 bath 620 sf vacant ADU and a 200 sf vacant workshop. The main house is leased out per room and generates $4,320/mo in gross rents with average expense recapture of $988/mo. Realistic market rents for just the main house and ADU total $6,425/mo. Centrally located just blocks from John Muir Health, Todos Santos Plaza, Safeway, Concord Bart, and downtown Concord, this property continues to enjoy strong rental demand. Investors and house hackers alike will find plenty to like about this rare investment opportunity.
Sold for $950,000 on 10/10/23
$950,000
2506 Bonifacio St, Concord, CA 94520
6beds
2,228sqft
Residential, Single Family Residence
Built in 1927
7,405.2 Square Feet Lot
$932,300 Zestimate®
$426/sqft
$4,359 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 11, 2023 at 03:54am
Listed by:
William Yeh DRE #01935783 707-688-6668,
Yeh Area Inc
Bought with:
Indra Subedi, DRE #02215222
Realty One Group Future
Source: CCAR,MLS#: 41037242
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Kitchen
- Features: Counter - Stone, Dishwasher, Gas Range/Cooktop, Microwave, Pantry, Range/Oven Free Standing, Refrigerator
Heating
- Forced Air, Wall Furnace
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Gas Range, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer, Tankless Water Heater
- Laundry: Common Area
Features
- Pantry
- Flooring: Carpet, Wood
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,228
- Total interior livable area: 2,228 sqft
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Fencing: Fenced
Lot
- Size: 7,405 sqft
- Features: Level
Details
- Parcel number: 1121530115
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: None
- Property subtype: Residential, Single Family Residence
Materials
- Other
- Roof: Composition
Condition
- Existing
- New construction: No
- Year built: 1927
Utilities & green energy
- Electric: No Solar
- Utilities for property: Individual Gas Meter, Master Electric Meter
Community & neighborhood
Location
- Region: Concord
- Subdivision: Concord
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Estimated market value
$932,300