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(626) 893-2817
Gilbert Garcia
1506 Garcez Dr, Concord, CA 94521
- $3,295,000
- Sold Price
- $3,295,000
- List Price
- $3,550,000
- Closing Date
- Jan 23, 2026
- Status
- CLOSED
- MLS#
- 41113179
- Year Built
- 1960
- Lot Size
- 12,990
- Acres
- 0.30
- Days on Market
- 42
- Property Type
- Multifamily
- Neighborhood
- Clayton V.Hilnds
Property Description
1506 Garcez offers a prime investment opportunity with a turnkey, fully occupied 12-unit apartment building located in the heart of Concord. Built in 1960, the two-story wood-frame structure features stucco siding with wood trim and sits on a 12,990-squarefoot lot. The building spans 9,548 square feet and includes 12 covered and 4 uncovered off-street parking spaces. Additional income is generated through on-site laundry facilities and a utility reimbursement program, with 8 of the 12 tenants contributing an extra $100 per month to offset water and garbage expenses. The property also features CCTV security cameras and a manager’s storage shed. Major capital improvements include updated flooring, kitchens, bathrooms, and new appliances. Exterior enhancements feature double-pane windows, fresh paint, and a 30-year foam roof installed within the last 3 years. Hydro Jetting Drain System, Water Saving Recirculating Pump for instant hot water, new water heater, wall furnaces and patio doors.
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Additional Information
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Exterior Construction
- Stucco
- Roof
- Foam
- Attached Structure
- Detached
- Number Of Units Total
- 12
Listing courtesy of Listing Agent: Theodore Booras (tbooras@aptgrp.com) from Listing Office: United Apartment Group.
Listing sold by OUT OF AREA OUT from OUT OF AREA - NON MEMBER
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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.