1486 Marclair Dr, Concord, CA 94521
1486 Marclair Dr, Concord, CA 94521
1486 Marclair Dr, Concord, CA 94521
1486 Marclair Dr, Concord, CA 94521
1486 Marclair Dr, Concord, CA 94521
1486 Marclair Dr, Concord, CA 94521
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$ 1,080,000
Est. payment | /mo

8 Beds

3,168 SqFt


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$ 1,080,000
Est. payment | /mo
Save

8 Beds

3,168 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,168 sqft

Price per Sqft $340

Subdivision Clayton Valley

MLS Listing ID 41132420

Bedrooms 8

HOA Y/N No

Year Built 1962

Lot Size 5,678 Sqft

Acres 0.13

Property Sub-Type Quadruplex

Property Description

Presenting a rare opportunity to acquire a stabilized, high-performing residential income property in one of Concord's most sought-after rental corridors. This well-maintained two-story 4-plex consists of four spacious 2-bedroom, 1-bathroom units, offering a functional and consistently in-demand unit mix that appeals to a wide range of long-term tenants. The property is currently occupied by reliable, long-term tenants with a proven history of on-time rent payments and meticulous care of the premises. The building is partially remodeled and it reduces immediate capital expenditure requirements and enhance tenant retention. This property is a true "cash cow" for the discerning investor. The current Cap Rate between 4.5%-5%. The asset provides immediate, reliable cash flow from day one.

Location

State CA

County Contra Costa

Rooms

Basement None

Interior

Interior Features Storage

Heating Natural Gas, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl, Carpet

Fireplace No

Window Features Screens

Appliance Gas Water Heater

Exterior

Exterior Feature Front Yard

Total Parking Spaces 9

Building

Lot Description Level, Paved

Sewer Public Sewer

Water Meter on Site, Water District

New Construction No

Others

Tax ID 1331600302

Bridge MLS
Listed by Raymond Wu • Goodview Financial & R.E.

NEARBY SCHOOLS & PROPERTIES

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Roland & Lydia Osage
Roland & Lydia Osage

Agent | License ID: 02055089

+1(925) 206-9799

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1486 Marclair Dr