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Jim, Justin and Vickie, Sales Associate
SOLD
$550,000
Date 06/20/2023

1786 Concannon Drive
Oakley, CA 94561

Other
Residence
0.14
Lot Size
Listing Agent: Glenn Huxtable CalDRE: 01045089 - Sharp Realty

Description for 1786 Concannon Drive Oakley, CA 94561

Wonderful 3 bedroom 2 bathroom open floor-plan home used as a licensed Residential Care Facility. Leased at $3145/mo. In middle of 5 year lease (ends 12/31/25) with annual escalation clause of 5%. CAP rate of 5.3%. Tenant/operator (Teresa's Quality Comfort Care) has been great and would love to stay long term & is willing to renegotiate a new 10 year lease now. Great and large family room, kitchen & dining room. Dramatic vaulted ceilings & lots of natural light. LVP flooring throughout most of home. Mirrored closet doors. Refrigerator, washer & dryer. Spacious & low maintenance yard with free-form aggregate patio and raised block-wall gardening area. Shed on side yard. 2 car garage and extra-wide driveway. Do not disturb current tenants. (Pictures are from before current tenant moved in and once they were ready for residents to move in.)

Property Details

41025398
Other
Contra Costa
1989
0.14 Acres
Stucco
Public Sewer
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Listing Agent: Glenn Huxtable CalDRE: 01045089 - Sharp Realty
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Jim, Justin and Vickie Dean Stalter, Broker DRE# 00625377 - 30221 Golden Lantern Ste. A-B, Laguna Niguel, CA 92677 | Phone: (949) 464-8136 | Email: [email protected]

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