
Concord, California 94520
This Residential Income Quadruplex represents a strategic multi-family asset with a List Price of $1,300,000—positioned below the $1,312,070 Fair Market Value by 1%. This pricing provides $12,070 in Instant Equity for the incoming owner. Currently fully occupied, the property maintains a Condition Rating of 4, offering immediate cash flow from four functional 2-bedroom units. Located in a high-demand Concord pocket walkable to Costco and transit, the asset benefits from a unique community-centered layout. This is a turnkey acquisition ideal for Buy-and-Hold Investors or Portfolio Expanders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2561 Camara Cir Subject | $1,300,000* List Price | 0 | 0 | 2,998 | $438 | - |
A 2548 Camara Cir Active | $1,300,000 List Price | 0 | 0 | 2,908 | $447 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, this quadruplex is a functional income-producing property that appears well-maintained but dated. The exterior shows signs of age with older siding and window-mounted AC units, and the lack of interior photos suggests units likely feature older finishes. While the common playground area is a modern plus, the building itself fits the 'fair' criteria as an aged property maintained through regular upkeep without recent major renovations.
The property is currently fully rented, providing investors with immediate cash flow and a proven track record of consistent occupancy from day one.
Boasting high walkability to Costco, supermarkets, and public transit, the location ensures strong tenant demand and long-term desirability in the Concord market.
Situated within a multi-building community with additional 4-plexes available for purchase, this asset offers a rare opportunity for portfolio expansion and management efficiency.
Dating back to 1966, the property may necessitate higher maintenance reserves or capital improvements for aging systems and structural components compared to newer builds.
The identical 2-bedroom, 1-bathroom floor plans across all four units may limit the property's ability to capture a more diverse range of tenant demographics.
Well-positioned 4-plex within a thoughtfully designed multi-building community centered around a central shared outdoor area with seating, BBQs, and a play and gathering space, creating a cohesive residential setting. This income-producing multi-family property is one of several similarly constructed 4-unit buildings arranged around common green space. Each unit features a functional 2-bedroom, 1-bath layout with defined living spaces, supporting broad tenant appeal. Currently fully rented, offering immediate income and consistent occupancy. Covered garage parking provides convenience for residents. This building benefits from additional side yard and outdoor space, offering a more open feel and added usability compared to typical multi-family layouts. Ideally located in Concord, the property is walkable to Costco, Las Montañas Supermarket, a local produce & seafood market, and public transportation, providing strong everyday convenience. Nearby commuter access further supports tenant demand. A compelling opportunity to acquire a fully rented income property within a well-established community. 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 | 1966 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 6, 2026
$1,300,000
Initial Listing