1486 Marclair Dr, Concord, CA 94521

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Sold Price
$1,000,000
List Price
$1,080,000
Status
CLOSED
MLS#
41132420
Closing Date
Jul 24, 2026
Year Built
1962
Property Type
Quadruplex
Living Area
3,168
Lot Size
5,678
Acres
0.13
County
Contra Costa
Subdivision
Clayton Valley

Property Description

Presenting a rare opportunity to acquire a stabilized, high-performing residential income property in one of Concord’s most sought-after rental corridors. This well-maintained two-story 4-plex consists of four spacious 2-bedroom, 1-bathroom units, offering a functional and consistently in-demand unit mix that appeals to a wide range of long-term tenants. The property is currently occupied by reliable, long-term tenants with a proven history of on-time rent payments and meticulous care of the premises. The building is partially remodeled and it reduces immediate capital expenditure requirements and enhance tenant retention. This property is a true "cash cow" for the discerning investor. The current Cap Rate between 4.5%-5%. The asset provides immediate, reliable cash flow from day one.

Additional Information

Appliances
Gas Water Heater
Exterior
Wood
Flooring
Vinyl, Carpet
Lot Description
Level, Paved
Parking Features
Carport - 2 Or More
Roof
Flat
Water Sewer
Meter on Site, Water District

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Calculator source: Real Geeks

Listing courtesy of Raymond Wu from Goodview Financial & R.E.. 510-918-1833

Selling Office: Keenan Howard Realty, Inc..

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