
Concord, California 94520
This Value-Add Quadruplex Investment is listed at $1,195,000, offering a stable acquisition at its $1,195,000 Fair Market Value. The property is a fully occupied, income-generating asset strategically located in a Prime Commute Corridor near BART and major employment centers. Currently maintaining a Fair Condition Rating, the units feature updated laminate flooring but offer significant upside through kitchen and bathroom modernization. While served by Sun Terrace Elementary, Valley View Middle, and Mt. Diablo High, the asset's strength is its consistent cash flow and package-deal potential. This is a reliable choice for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2766 Argyll Avenue Subject | $1,195,000* List Price | 0 | 0 | 2,944 | $406 | - |
A 2780 Argyll Avenue Active | $1,195,000 List Price | 0 | 0 | 2,944 | $406 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
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.
The property is fully occupied and currently generating income, offering immediate cash flow and stability for an investor.
As a quadruplex, the property provides diversified income streams and a higher potential for rental income compared to smaller multi-unit properties.
Strategically located near BART, freeways, and major employment centers, making it highly attractive to renters seeking convenient transportation and job access.
Built in 1953, the property is over 70 years old, which may lead to higher maintenance costs, outdated systems, and potential capital expenditures in the near future.
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.
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.
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!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 2.2 mi
Grades 9-12 • 0.5 mi
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 | 1953 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 26, 2026
$1,195,000
$1,295,000
-8% Price Drop
Initial Listing
Dec 24, 2025
$1,295,000
Initial Listing
Oct 23, 2019
$1,025,000
Public Record
Apr 18, 2018
$108,454
Public Record
Jan 6, 2011
$365,000
Public Record
Nov 8, 2006
$751,500
Public Record
Oct 16, 2003
$649,000
Public Record
Feb 28, 2001
$405,000
Public Record