1506 Garcez Dr, Concord, CA 94521
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1506 Garcez Dr,Concord, CA 94521
$3,550,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:theodore booras
Office:united apartment group
MLS#:41113179
Source:CRMLS
Price summary
- Price:$3,550,000
About this home
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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Home facts
- Year built:1960
- Listing ID #:41113179
- Added:1 day(s) ago
- Updated:September 30, 2025 at 07:30 PM
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Roof:Foam
- Year built:1960
- Lot area:0.3 Acres
Finances and disclosures
- Price:$3,550,000
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