1486 Marclair Dr, Concord, CA 94521-4333

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Sold Price
$1,000,000
List Price
$1,080,000
Closing Date
Jul 24, 2026
Status
CLOSED
MLS#
41132420
Year Built
1962
Lot Size
5,678
Acres
0.13
Lot Location
Front Yard, Street Level
Days on Market
72
Property Type
Multifamily
Property Sub Type
Quadruplex
Neighborhood
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
Heat
Natural Gas, Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Exterior Construction
Wood Siding
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Raymond Wu (warmbay@gmail.com) from Listing Office: Goodview Financial & R.E..

Listing sold by Pa Pa Correa from Keenan Howard Realty, Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.