Rare opportunity to acquire a well-maintained 36-unit multifamily gated community comprised entirely of spacious two-story townhouse-style apartments. All units feature a desirable 2-bedroom/1.5-bathroom floor plan with central forced heating, air conditioning, assigned on-site parking, and functional layouts that continue to attract long-term tenants. Situated on approximately 1.50 acres, the property consists of five (5) residential buildings, an on-site leasing/manager's office, swimming pool, 34-covered carport spaces, and 20 uncovered parking spaces. Significant recent capital improvements include Newer Roofs on all main buildings (2019), New Siemens Electrical Sub-panels installed throughout all 36-units (2025), with New Parking Lot Asphalt and Carport Roofs scheduled for completion in late summer, 2026. -- The property offers investors an attractive combination of stable in-place income and long-term upside within the strong Contra Costa County rental market. An exceptional opportunity to acquire a pride-of-ownership asset featuring large townhouse-style units, extensive recent improvements, and excellent long-term investment fundamentals.
Northern Concord, located between Lime Ridge Open Space and the Todos Santos Plaza area, is a residential and hillside Concord neighborhood with trail-lined ridgelines and mid-century streetscapes. The neighborhood’s character concentrates around the Treat Boulevard and Oak Grove Road corridor, where grocery plazas, taquerias, and everyday services set a steady, practical rhythm. Ranch homes and split-levels sit on curving blocks, with pockets of newer infill near major arterials. Lime Ridge Open Space frames the north with oak-dotted paths and wide views toward Mount Diablo. Community life often orbits local staples like The Veranda, Six Flags Hurricane Harbor Concord, and the Concord Pavilion. BART and I-680 shape commutes while keeping the setting oriented to parks and foothills.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Dishwasher
Refrigerator
Bedrooms
Unit 1: 2 bedrooms
Bathrooms
Some units have updated baths
Kitchen
Some units have updated kitchens
Dishwasher
Refrigerator
Laundry & utility
Coin-operated laundry
Flooring
Laminate flooring
Heating & cooling
Forced air heating
Exterior features
Shingle roof
Public water
Public sewer
Home design
Commercial residential multi-unit building (5+ units)
1963 construction
Parking
20 total parking spaces
Guest and assigned parking
Construction
Shingle roof
Built in 1963
Utilities
Public water
Public sewer
Financial info
36 total units
Cap rate listed as 6
Other
Zoning: CMX
Electricity and solar
View estimated energy costs and solar savings for this home
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82056055
Jul 30, 2026
Listed
$10,000,000
$257/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Permits
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Contra Costa County
APN
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Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 24, 2026.
CMX
Commercial Mixed-Use District
The CMX district is applied to areas of the city appropriate for an integrated mix of neighborhood commercial uses, including retail and personal services on lots 10,000 sq ft or larger, and offices at up to 1.0 FAR, together with or adjacent to residential uses at densities ranging from 11 to 40 units per net acre. The CMX district includes retail, office, and residential properties, and is primarily located along portions of Clayton Road, Monument Boulevard, and Willow Pass Road. The CMX district is consistent with and implements the commercial mixed-use (CMU) land use designation of the general plan.
Permitted uses
Include but are not limited to:
Bank
Convenience store
General retail
Retail-Grocery
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Mixed use
Office
Apr 2, 2025 • Active
Building
Remove and replace electrical sub-panels for multiple units in apartment buildings. Relocate the sub-panels from closets to hallway walls to meet building code. Perform necessary framing, sheetrock removal, and drywall repair to facilitate the new wiring and panel locations.
Electrical
Aug 1, 2024 • Final
Building
Replace the existing furnace in a residential building.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.77% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
18 unhealthy days expected this year, 19 days in 30 years
Provided by First Street
Historical weather
Concord, CA • 94519
Average low and high temperatures (°F)
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40
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44
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49
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87
59
91
60
84
61
78
55
64
47
56
45
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
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Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Concord. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 3066 Willow Pass Rd
There isn’t enough information to generate an accurate estimate at this time. Learn More