
Concord, California 94520
This Residential Income Quadruplex serves as a stable Asset with a List Price of $1,300,000, positioned near its $1,288,292 Fair Market Value. Currently fully occupied, the property maintains a Condition Rating of 4, offering immediate rental income and investment stability. Market data for the Concord area shows consistent pricing for similar multi-family units, confirming the stability of this valuation. The building features a functional 2-bedroom layout for each unit and a shared patio within a cohesive community. This is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking a low-vacancy rental property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2548 Camara Cir Subject | $1,300,000* List Price | 0 | 0 | 2,908 | $443 | - |
A 2561 Camara Cir Active | $1,300,000 List Price | 0 | 0 | 2,998 | $434 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this multi-family property appears to be well-maintained externally with functional common areas and is fully occupied. However, the lack of interior photos typically indicates dated kitchen and bathroom finishes, and the presence of window AC units suggests older systems that have not undergone a recent comprehensive modernization.
The property is currently fully occupied, providing immediate rental income and investment stability from the day of acquisition.
Ideally situated within walking distance to Costco, local markets, and public transportation, ensuring high tenant demand and low vacancy rates.
Unlike typical scattered multi-family units, this building is centered around a cohesive shared outdoor space with BBQs and play areas, enhancing tenant retention.
Built in 1961, the property may require more frequent maintenance or capital improvements to modernize systems and maintain long-term competitiveness.
The property offers surface parking only, lacking private garages or covered spaces which are often preferred by tenants for security and storage.
Well located 4-plex within a cohesive multi-building community centered around a central shared outdoor area with seating, BBQs, and a play and gathering space, offering a more unified setting than typical scattered multi-family properties. This income-producing multi-family asset is part of a collection of similarly designed 4-unit buildings arranged around common green space. Each unit offers a functional 2-bedroom, 1-bath layout with practical flow and defined living areas, supporting consistent tenant demand. Currently fully rented, providing immediate income. Ample on-site surface parking offers convenience for residents. Shared outdoor areas contribute to the overall livability of the community, creating usable space for residents. Located in Concord, the property is walkable to Costco, Las Montañas Supermarket, a local produce & seafood market, and public transportation, offering strong day-to-day convenience. Access to major commuter routes further supports long-term rental demand. A strong opportunity to acquire a fully rented income property in an established residential setting. Additional similar 4-plex buildings in the community are also available, presenting potential for expanded acquisition.
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 | 1961 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 6, 2026
$1,300,000
Initial Listing