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1848 Parkside Dr, Concord, California 94519, Concord, 94519 - bed, bath

1848 Parkside Dr, Concord, California 94519 home-pic-0
ACTIVE$875,000
1848 Parkside Dr, Concord, California 94519
0Bed
0Bath
Sqft
7,047Lot
Year Built
1948
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41115296
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $875.0K(85th), sqft - 0(2th), beds - undefined(2th), baths - undefined(2th).

Investor & Multi-Generational Opportunity – 3 Units in Prime Concord Location! Discover the potential at 1848 Parkside Drive, performing as a Triplex in the heart of Concord offering flexibility, income, and long-term upside. Each unit features hardwood floors, ceiling fans, and efficient wall heaters, combining classic charm with easy maintenance. Ideal for investors seeking strong rental demand or multi-generational living, this property allows you to live in one and rent the others, or enjoy a steady income-producing portfolio piece. Located just minutes from BART, the Concord Library, Todos Santos Plaza, parks, restaurants, and shopping, tenants and owners alike appreciate the unbeatable convenience. Well-positioned for cash flow today and appreciation tomorrow — 1848 Parkside Drive is your gateway to smart real estate investing in one of Concord’s most connected neighborhoods

Price History

Date
Event
Price
10/24/25
Listing
$875,000
Condition Rating
Fair
The property was built in 1948, making it over 70 years old. While the interior images showcase recently updated kitchens and bathrooms with modern finishes (shaker cabinets, stainless steel appliances, LVP flooring, updated vanities), suggesting a renovation within the last 5-15 years, the overall property condition is tempered by its age and system limitations. The listing explicitly mentions 'efficient wall heaters' and lacks central air conditioning, indicating an outdated HVAC system. Furthermore, the property analysis highlights the need for 'significant capital expenditures for system upgrades (e.g., plumbing, electrical) and general modernization' due to its age. Therefore, despite the appealing cosmetic updates, the underlying major systems are likely outdated, aligning the property with a 'Fair' condition score.
Pros & Cons

Pros

Multi-Unit Income Potential: Explicitly marketed as a Triplex, this property offers significant income generation opportunities for investors or flexible multi-generational living arrangements.
Prime & Convenient Location: Situated in the heart of Concord, the property boasts unbeatable convenience with minutes-away access to BART, Todos Santos Plaza, library, parks, restaurants, and shopping, ensuring strong tenant demand.
Strong Investment Outlook: The property is well-positioned for both immediate cash flow and long-term appreciation, making it an attractive asset for smart real estate investing.
Classic Interior Features: Each unit features hardwood floors and ceiling fans, combining classic charm with easy maintenance, which can appeal to a wide range of tenants.
Versatile Investment Strategy: The property caters to a broad range of buyers, from pure investors seeking rental income to owner-occupants looking for multi-generational living or supplemental income.

Cons

Age of Construction (1948): As a property built in 1948, it may require significant capital expenditures for system upgrades (e.g., plumbing, electrical) and general modernization to meet contemporary standards and tenant expectations.
Limited HVAC System: The description only mentions 'efficient wall heaters,' indicating a lack of central heating and no mention of air conditioning, which could be a comfort issue for tenants and a potential operating cost concern.
Property Type Discrepancy: The listing identifies the property as a 'Single Family Residence' while the description highlights it as a 'Triplex,' raising questions about zoning compliance, permitted unit status, and potential legal complexities for a buyer.

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