1486 Marclair Dr, Concord, CA 94521

Concord
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
1486 Marclair Dr,Concord, CA 94521
$1,080,000
  • - Beds
  • - Baths
  • 3,168 sq. ft.
  • Multi-family
  • Active
Listed by: raymond wu
Office: goodview financial & r.e.
MLS#:41132420
Source:MLSListings

Price summary

  • Price:$1,080,000
  • Price per sq. ft.:$340.91

About this home

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.

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Home facts

  • Year built:1962
  • Listing ID #:41132420
  • Added:51 day(s) ago
  • Updated:June 30, 2026 at 04:31 PM

Rooms and interior

  • Flooring:Vinyl, Wall to Wall Carpet
  • Living area:3,168 sq. ft.

Heating and cooling

  • Cooling:Window/Wall Unit
  • Heating:Gas, Wall Furnace

Structure and exterior

  • Year built:1962
  • Building area:3,168 sq. ft.
  • Lot area:0.13 Acres
  • Lot Features:Level

Utilities

  • Water:Gas Water Heater

Finances and disclosures

  • Price:$1,080,000
  • Price per sq. ft.:$340.91

Parking

  • Parking description:2 Car Carport
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