2451 Olivera Road | Concord, CA 94520

OLIVERA VILLA APARTMENTS – 2451 Olivera Road | Concord, CA 94520

94 UNIT APARTMENT COMPLEX WITH 7 SEPARATE BUILDINGS

Investment Highlightss

Trustee Sale
94 Unit Apartment complex with 7-(2) story separate buildings
Open courtyard
Parking spaces – 100 Covered/62 uncovered surface
(4) Laundry Facilities
Pool
Utilities included in rents – water, sewer and trash removal
Direct and easy access to highways 242 & 4
Electric & Gas metered separately

Excellent Location

The Olivera Villa Apartments offer a convenient location just minutes away from highways 242 and 4. The complex is within walking distance to the North Concord BART station, and several restaurants and shops in the Olivera Crossing Shopping Plaza.

Featuring a courtyard setting with mature landscape, and a large swimming pool. This property offers a welcome retreat from the hectic life in the East Bay area. Amenities include 930 square feet of usable space, lots of closets- including two full closets in the master bedroom, FIVE on-site laundry rooms, reserved covered parking, and visitor parking is available as well. On-site management and 24 hour emergency maintenance work.

Strong Unit Mix

Olivera Villa Apartments features 94 apartments in 7 separate two (2) story buildings.

Building A: 12-(2) bedroom units
Building B: 10-(2) bedroom units
Building C: 16-(2) bedroom units
Building D: 16-(2) bedroom units
Building E: 16-(2) bedroom units
Building F: 16-(1) bedroom units
Building G: 8-(2) bedroom units

Complex Amenities

Courtyard, Grill Area, Pool, (4) stand alone Laundry facilities, attractive landscaping, property manager on site, walk up to units, pool & pool house.

Unit Amenities

Include air conditioning, heating, ceiling fans, double vanities, tub/shower, walk-in closets, balcony, window coverings, vaulted ceilings, vinyl & carpet flooring, patio & high speed internet access.

Kitchen Features & Appliances

Island Kitchen, disposal, stainless steel appliances, pantry, kitchen oven, refrigerator, freezer & range.

Secure Investment Opportunity

Due to Concord Rent Stabilization introduced in 4/18/24 with rent control tenants ensuring stable cash flow and strong upside potential. Rental upside through strategic renovations of units and operational efficiencies.

Population

	1 mile	3 miles
Population	17,449	87,211
Household	6,094	32,058
Median Age	40.40	39.60
Median HH Income	$106,036	$95,689
Daytime Employees	9,888	58,952
Population Growth ’24 – ’29	↓ -0.46%	↓ -0.73%
Household Growth ’24 – ’29	↓ -0.64%	↓ -0.73%

Market Overview

In 2024, the Concord/Pleasant Hill submarket maintained strong demand. With no new deliveries in the past two years, positive net absorption has decreased the vacancy rate to 5.2% as of the first quarter of 2025, the second lowest in the East Bay. The overall decline in vacancy highlights the sustained demand for housing in the submarket.

Transportation

Transportation options available in Concord include North Concord Martinez Station, located 0.8 mile from Olivera Villa. Olivera Villa is near Metro Oakland International, located 30.8 miles or 41 minutes away, and San Francisco International, located 42.8 miles or 59 minutes away.