2506 Bonifacio St, Concord, CA 94520

About this single-family home

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.

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$950,000

Sold October 2023 · listed $949,000, on market August 2023 · MLS #41037242 · Source: CRMLS

Listing Agent: William Yeh · Listing Office: Yeh Area Inc · Contact: 707-688-6668 · Bought with: Indra Subedi · Realty ONE Group Future

$717,000

Sold February 2019 · listed $699,950, orig. $749,950, on market November 2018 · MLS #40847188 · Source: CRMLS

Listing Agent: PAUL CONNELL · Listing Office: OAKLEY REAL ESTATE, INC. · Contact: 925-753-1234 · Bought with: OUT OF AREA OUT · OUT OF AREA - NON MEMBER

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