
Concord, California 94520
This Income-Producing Quadruplex is a strategic Value-Add Asset located in a prime Concord commute corridor. Listed at $1,195,000 against a $1,093,432 Fair Market Value, the pricing reflects the immediate stability of a fully occupied property and consistent market appreciation. Holding a Poor Condition Rating, the 1953 structure requires modernization but offers significant upside through rent optimization and deferred maintenance resolution. Despite low-rated local schools like Sun Terrace Elementary, Valley View Middle, and Mt. Diablo High, proximity to BART and a private patio sustain high tenant demand. This is a prime acquisition 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 |
|---|---|---|---|---|---|---|
★ 2780 Argyll Avenue Subject | $1,195,000* List Price | 0 | 0 | 2,944 | $371 | - |
A 2766 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 extensive renovation needed.
Built in 1953, this property shows significant age and requires substantial rehabilitation. While some cosmetic updates like fresh paint and new carpet are visible, the core systems and major components are outdated. The kitchen features older appliances and dated flooring, and the bathroom has an old vanity, fixtures, and tile. The reliance on window AC units and wall heaters indicates a lack of modern central HVAC. The MLS description itself highlights 'significant capital expenditures for deferred maintenance, system upgrades, or modernization,' aligning with the 'poor' condition criteria for properties built over 30 years ago with major components showing significant age and requiring extensive system replacements for modern comfort and efficiency.
The property is fully occupied and income-producing, providing immediate and consistent cash flow for an investor from day one.
Ideally located in a prime commute corridor near BART, freeways, and major employment centers, enhancing tenant demand and long-term value.
The listing explicitly highlights clear opportunities to enhance rents and overall performance, appealing to investors seeking upside and growth.
Built in 1953, the property is likely to require significant capital expenditures for deferred maintenance, system upgrades, or modernization to fully realize its value-add potential.
The elementary (rating 2) and high school (rating 3) in the immediate vicinity are poorly rated, which could negatively impact tenant appeal for families and long-term property value.
The description implies that current rents or property performance are not fully optimized, necessitating active management and potential investment from the buyer to 'enhance rents and overall performance'.
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. 2766 Argyll also available. Package offers preferred!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 2.3 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
Feb 12, 2020
$1,025,000
Public Record
Sep 9, 2004
$690,000
Public Record
Sep 26, 2003
$575,000
Public Record
Jan 20, 1999
$240,000
Public Record