
Concord, California 94519
This Turnkey Triplex Asset is listed at $700,000, representing a stable investment opportunity positioned near its $667,019 Fair Market Value. Boasting a Condition Rating of 3, the property features Remodeled Kitchens and Bathrooms and upgraded flooring across all three units, ensuring immediate rental readiness and minimal deferred maintenance. Its strategic location near BART and Downtown Concord provides excellent connectivity for tenants, supporting strong rental demand and long-term appreciation. This versatile property is an ideal acquisition for Buy-and-Hold Investors seeking passive income or Owner-Occupants looking to leverage a house-hacking strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1848 Parkside Dr Subject | $700,000* List Price | 0 | 0 | 1,315 | $507 | - |
A 1830 Scott Rd Active | $525,000 List Price | 0 | 0 | 1,170 | $449 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1948, the property is a turnkey triplex that has been recently remodeled with upgraded kitchens, bathrooms, and flooring. It is move-in ready with well-maintained systems; however, the continued use of wall heaters and ceiling fans instead of a modern central HVAC system keeps it from achieving an 'excellent' rating.
All three units have been recently remodeled with upgraded kitchens, bathrooms, and flooring, significantly reducing immediate capital expenditure for a new investor.
The property is ideally situated near BART, downtown shopping, and entertainment, ensuring high rental demand and convenience for commuting tenants.
The triplex configuration offers multiple financial strategies, allowing an owner to either maximize passive income or occupy one unit while renting the others.
With only 1,315 total square feet across three units, the individual living spaces are quite small, which may lead to higher tenant turnover or lower rent ceilings.
The reliance on wall heaters and ceiling fans rather than a modern central HVAC system may be a drawback for tenants seeking contemporary comfort standards.
Great opportunity to be an investor in Concord. Nicely remodeled Tri-plex. with great income. All units have upgraded flooring, bathrooms, kitchens, ceiling fans, wall heaters and backyards. Live in one rent the others or enjoy steady passive income. Close to BART,, Concord Library, downtown shopping and entertainment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1948 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 3, 2026
$700,000
Initial Listing
Aug 20, 1975
$5,000
Public Record