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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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3515 Chestnut Avenue, Concord – $6,005,000

  • $6M Price
  • .83 Acres
  • 62 DOM
  • $6M Price
  • .83 Acres
  • 62 DOM

3515 Chestnut Avenue

3515 Chestnut Ave is situated on an expansive 0.83-acre lot, this well-maintained property consists of three separate buildings encompassing a total of 20 spacious rental units. The asset offers a highly desirable mix of units, including one three-bedroom, one-and-a-half-bath unit; one two-bedroom, one-and-a-half-bath unit; and eighteen large two-bedroom, one-bath units. (16) of the (20) residences have been extensively renovated with new cabinets and countertops, updated vanities, and luxury plank vinyl (LPV) flooring. Every unit comes equipped with dishwashers, garbage disposals, and air conditioning, and each includes its own private outdoor patio or balcony. Assumable financing is available at 5.40% until 2029 Altogether, the property provides 18,050 square feet of living space, surrounded by landscaping and a serene atmosphere. At the heart of the community is a tranquil swimming pool. Additional amenities include a covered patio, a common area, and an on-site laundry facility with 4 owned washers and dryers. Parking is abundant, offering one covered space per unit along with eight additional rentable spaces. The community is securely enclosed by an iron gate with keyless entry access. Management fee includes property management plus on-site manager credit of $1,400/month

Essential Information

  • MLS® #ML82014622
  • Price$6,005,000
  • Bathrooms0.00
  • Acres0.83
  • Year Built1970
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address3515 Chestnut Avenue
  • Area699 - Not Defined
  • CityConcord
  • CountyContra Costa
  • Zip Code94519

Amenities

  • Parking Spaces8

Interior

  • HeatingWall Furnace
  • CoolingCentral Air

Exterior

  • RoofFlat

School Information

  • DistrictOther

Additional Information

  • Date ListedJuly 14th, 2025
  • Days on Market62
  • ZoningRM

Listing Details

  • AgentTony Zizzo
  • OfficeCompass
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Price Change History for 3515 Chestnut Avenue, Concord, (MLS® #ML82014622)

Date Details Change
Price Reduced from $6,250,000 to $6,005,000 $245,000 (3.92%)
Price Reduced from $6,500,000 to $6,250,000 $250,000 (3.85%)

Tony Zizzo, Compass.

Based on information from California Regional Multiple Listing Service, Inc. as of September 14th, 2025 at 4:25am PDT. 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, 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.