1486 Marclair Dr, Concord, CA
1486 Marclair Dr, Concord, CA
1486 Marclair Dr, Concord, CA
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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517
Listed by Raymond Wu • Unknown Agency
$1,080,000
Est. payment /mo
5,678 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID 01-41132420

Year Built 1962

Lot Size 5,678 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

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.

Location

State CA

County Contra Costa

Interior

Heating Wall Furnace

Flooring Carpet, Vinyl

Exterior

Parking Features Carport

Building

Lot Description Front Yard, Level with Street

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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517

Broker Associate | License ID: DRE# 02091823

Broker Associate License ID: DRE# 02091823

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