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0 Baths

$5,495,000

1895 San Vincente Dr, Concord CA, 94519

Price per sqftN/A
Built in1961
Property typeCondominium
Listed by Ethan Berger CA DRE# 01868467 with NAI Northern California 925-588-9740

Overview

Active

Listed Sep 1, 2026

Updated 3 days ago

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.

$36,558/mo

Est. mortgage payment based on a $5,495,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
41146851

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.65 Acres
MLS provider logo

Listed by Ethan Berger CA DRE# 01868467 with NAI Northern California 925-588-9740

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/6/2026 at 4:03 AM UTC Last Checked: 4:03 AM UTC

 

 

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