2766 Argyll Avenue, Concord, California 94520, Concord, 94520 - bed, bath
ACTIVE$1,295,000/sqft
2766 Argyll Avenue, Concord, California 94520
0Bed
0Bath
Sqft
6,970Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Producing & Fully Occupied: The property is fully occupied and currently generating income, offering immediate cash flow and stability for an investor.
Top Cons:
Property Age: Built in 1953, the property is over 70 years old, which may lead to higher maintenance costs, outdated systems, and potential capital expenditures in the near future.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1953 (73 years old).
Condition: Built in 1953, this quadruplex is aged but appears to be maintained for rental purposes. While the living areas benefit from updated dark laminate flooring and fresh paint, the kitchen and bathrooms are significantly dated. The kitchen features basic wood cabinets, laminate countertops, and older white appliances (coil-top range). The bathroom has a basic vanity, dated light fixture, and older tile surround, though the wood-look vinyl plank flooring appears to be a more recent, budget-friendly update. The property lacks central HVAC, relying on window AC units and wall heaters. Overall, it is functional and income-producing, but requires minor to moderate updates, particularly in the kitchen and bathrooms, to meet current quality and style standards, aligning with the 'fair' condition criteria.
Year Built
1953
Close
-
List price
$1.29M
Original List price
$1.29M
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
41119591
Home ConditionFair
Features
View-
About this home
Fully occupied and income-producing, this Concord investment property offers immediate stability with significant value-add potential. Ideally located in a prime commute corridor near BART, freeways, and major employment centers, 2766 & 2780 Argyll Ave provides consistent cash flow today with clear opportunities to enhance rents and overall performance. This is a rare chance to acquire a well-positioned, tenant-occupied asset in a strong rental market—perfect for investors seeking both reliability and upside. 2780 Argyll also available. Package offers preferred!
M
Max Giffin
Listing Agent
Nearby schools
2/10
Sun Terrace Elementary School
Public,•K-5•1.0mi
6/10
Valley View Middle School
Public,•6-8•2.2mi
3/10
Mt. Diablo High School
Public,•9-12•0.5mi
Price History
Date
Event
Price
02/28/01
Sold
$405,000
10/23/19
Sold
$1,025,000
04/18/18
Sold
$108,454
01/06/11
Sold
$365,000
11/08/06
Sold
$751,500
10/16/03
Sold
$649,000
Condition Rating
Fair
Built in 1953, this quadruplex is aged but appears to be maintained for rental purposes. While the living areas benefit from updated dark laminate flooring and fresh paint, the kitchen and bathrooms are significantly dated. The kitchen features basic wood cabinets, laminate countertops, and older white appliances (coil-top range). The bathroom has a basic vanity, dated light fixture, and older tile surround, though the wood-look vinyl plank flooring appears to be a more recent, budget-friendly update. The property lacks central HVAC, relying on window AC units and wall heaters. Overall, it is functional and income-producing, but requires minor to moderate updates, particularly in the kitchen and bathrooms, to meet current quality and style standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Income-Producing & Fully Occupied: The property is fully occupied and currently generating income, offering immediate cash flow and stability for an investor.
Quadruplex (Multi-Unit): As a quadruplex, the property provides diversified income streams and a higher potential for rental income compared to smaller multi-unit properties.
Prime Commute Corridor Location: Strategically located near BART, freeways, and major employment centers, making it highly attractive to renters seeking convenient transportation and job access.
Significant Value-Add Potential: The property offers clear opportunities to enhance rents and overall performance, indicating strong future upside for an investor willing to optimize the asset.
Strong Rental Market: Situated in a robust rental market, supporting consistent occupancy rates and potential for rent growth over time.
Cons
Property Age: Built in 1953, the property is over 70 years old, which may lead to higher maintenance costs, outdated systems, and potential capital expenditures in the near future.
Lower-Rated Local Schools: The elementary and high schools in the immediate vicinity have low ratings (2 and 3 respectively), which could limit appeal to families with school-aged children and potentially impact long-term tenant demographics.
Requires Active Management for Optimization: While offering value-add potential, achieving higher rents and performance will require active management and likely capital investment, meaning it's not a purely passive income property in its current state.