
Concord, California 94520
This High-Potential Investment Opportunity is a Quadruplex listed at $1,300,000, positioned slightly above the $1,288,292 Fair Market Value. While lacking an equity gap, the property offers immediate cash flow as a fully rented income-producing asset. With a Condition Rating of 4, the 1961 structure provides a stable foundation for long-term rental demand, supported by its walkable location near major retailers and transit. This is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking a stabilized, income-generating multi-family property in an established community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2548 Camara Cir Subject 0 bd · 0 ba · 2,908 sqft · $443 | $1,300,000* List Price | 0 | 0 | 2,908 | $443 | - |
A 2561 Camara Cir Active 0 bd · 0 ba · 2,998 sqft · $434 · 0.0 mi | $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, the property is over 60 years old but remains functional and fully rented. The exterior and community spaces are well-maintained, though the asphalt shows cracking and the units utilize older wall AC systems. No recent interior renovations are mentioned, indicating the kitchens and baths are likely dated and will eventually require minor updates.
The property is currently fully occupied, offering investors immediate cash flow and eliminating the initial vacancy risk often associated with new acquisitions.
Situated within a cohesive multi-building community featuring shared green spaces, BBQs, and play areas, this asset offers a superior residential environment compared to typical standalone 4-plexes.
Boasting high walkability to major retailers like Costco and local supermarkets, plus easy access to public transit, the property is well-positioned to maintain strong, long-term tenant demand.
Constructed in 1961, the building may necessitate more frequent maintenance or significant capital improvements to aging systems compared to more modern multi-family assets.
The uniform 2-bedroom, 1-bathroom layout across all four units limits the property's ability to cater to a broader range of tenant needs or price points.
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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,908 | - |
| Lot Size | 6,000 | - |
| Price | $1.30M | $675.0K |
| Price per sq ft | $447 | $513 |
| Built year | 1961 | 0 |
| HOA | $0 | $0 |
| Days on market | 40 | 38 |
Sep 14, 2026
$1,300,000
Initial Listing