1506 Garcez Dr, Concord, CA 94521

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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

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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 Furnance

Structure and exterior

  • Roof:Foam
  • Year built:1960
  • Lot area:0.3 Acres

Finances and disclosures

  • Price:$3,550,000
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