Description

The Driftwood Apartments, a well-maintained 27-unit multifamily property offering a proven value-add strategy and continued rental upside. The property consists of 14 two-bedroom, 8 one-bedroom, and 5 studio units totaling approximately 19,035 SF on a 28,314 SF lot. Ownership has renovated 17 of 27 units with updated kitchens and bathrooms, LVP flooring, LED lighting, dual-pane windows, and upgraded electrical. Renovated units currently achieve significant rental premiums, averaging approximately $593 for two-bedrooms, $504 for one-bedrooms, and $468 for studios. Additional highlights include a 2019 PVC roof replacement, 27 parking spaces, on-site laundry, and a utility recovery program for gas, electricity, water, and trash. With proven renovations, demonstrated rent premiums, and additional units available for future upgrades, The Driftwood Apartments offers investors multiple avenues for continued income and NOI growth.

Property details

Year built

1961

Property type

Residential Income

Lot size

28,314 sqft

Location

1895 San Vincente Dr • Concord, CA 94519

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Listed by

Ethan Berger · NAI Northern California

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Recent sales near 1895 San Vincente Dr

1896 San Vincente Dr 12: Sold $379,900 · 2 bd · 2 ba · 1,038 sqft · Sep 2026 · 0.0 mi
3712 Willow Pass Rd 41: Sold $265,000 · 2 bd · 2 ba · 1,038 sqft · Apr 2026 · 0.1 mi
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3712 Willow Pass Rd 31: Sold $355,000 · 2 bd · 1 ba · 944 sqft · Jan 2026 · 0.1 mi
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1899 Queens Rd: Sold $775,000 · 4 bd · 2 ba · 1,512 sqft · Jul 2026 · 0.2 mi
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Buyer's agent: Paulina Mujica Valencia, eXp Realty of California Inc. | DRE #02172610
1878 Queens Rd: Sold $743,000 · 3 bd · 2 ba · 1,150 sqft · Jul 2026 · 0.2 mi
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3828 Willow Pass Rd D: Sold $495,000 · 3 bd · 2 ba · 1,147 sqft · Apr 2026 · 0.3 mi
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Buyer's agent: Kelli Kelly, eXp Realty of California, Inc | DRE #02224790
1895 Landana B: Sold $475,000 · 2 bd · 2 ba · 979 sqft · May 2026 · 0.3 mi
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Buyer's agent: Hayley Hagen, Twin Oaks Real Estate INC | DRE #02181946
3466 Willow Pass Rd: Sold $40,000 · 2 bd · 1 ba · Aug 2026 · 0.3 mi
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Closed sales reported in 94519, nearest first, last 12 months. All recent sales in Concord →

Residential Income - 1895 San Vincente Dr, Concord, CA