
Concord, California 94518
This townhome-style fourplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,379,000—positioned well below the $1,400,300 Fair Market Value by 1%. With $21,300 in Instant Equity, this asset features a Condition Rating of 3, bolstered by significant capital improvements including a 2025 roof and copper plumbing. The property’s spacious 3-bedroom and 2-bedroom unit mix and oversized private patio yards ensure strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a stable, turn-key multi-family asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2011 Sierra Rd Subject 0 bd · 0 ba · 4,464 sqft · $314 | $1,379,000* List Price | 0 | 0 | 4,464 | $314 | - |
A 2005 Sierra Rd Active 0 bd · 0 ba · 4,464 sqft · $325 · 0.0 mi | $1,450,000 List Price | 0 | 0 | 4,464 | $325 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1970, the property has undergone significant recent renovations including a 2025 roof, copper plumbing, new electric panels, and new vinyl plank flooring. The systems are updated and the units are well-maintained and move-in ready.
The property boasts significant recent upgrades including a 2025 silicone-sealed roof, copper plumbing with a lifetime warranty, new electrical panels, and resurfaced parking, significantly reducing immediate CapEx requirements for an investor.
Featuring a desirable mix of spacious 3-bedroom and 2-bedroom townhome-style units equipped with central air conditioning and vinyl plank flooring, the property is well-positioned to attract and retain high-quality tenants.
Situated on a generous 15,246 sqft lot, each apartment includes oversized private patio yards and a drip system, providing a rare level of outdoor privacy that commands premium rental rates in the Concord market.
Despite recent system updates, the 1970 construction year means the core structure and secondary components may still require the ongoing maintenance typical of a 50-plus-year-old building.
The inclusion of multiple private yards, onsite laundry facilities, and individual storage areas increases the management intensity and landscaping oversight required compared to more consolidated multi-family assets.
2011 Sierra Rd. E-H is a pride-of-ownership townhome style fourplex featuring a highly desirable unit mix of spacious 3-bedroom and 2-bedroom apartments. The property offers numerous tenant-friendly amenities including central air conditioning, private patio's, covered carport parking, onsite laundry facilities, private storage areas, drip system and oversized private patio yards for each apartment. * New Updates include resurfaced parking area, silicone sealed roof in 2025, Copper plumbing with lifetime warranty, vinyl plank flooring, new appliances and electric panels, new fencing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,464 | - |
| Lot Size | 15,246 | - |
| Price | $1.38M | $675.0K |
| Price per sq ft | $309 | $513 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 11 | 38 |
Oct 13, 2026
$1,379,000
Initial Listing
Nov 1, 1977
$140,000
Public Record