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1486 Marclair Dr, Concord, CA 94521

Fourplex

1486 Marclair Dr, Concord, CA 94521 Sold July 2026 CRMLS
$1,000,000Sold July 2026

Listing Agent: Raymond Wu (DRE #01899290) · Listing Office: Goodview Financial & R.E. · Contact: 408-988-1138 · Bought with: Pa Pa Correa · Keenan Howard Realty, Inc. · MLS #41132420 · Source: CRMLS

0
Bathrooms
5,678 sqft
Lot Size
1962
Year Built
Fourplex
Type
WallWindowUnits
Cooling
NaturalGas, WallFurnace
Heating

About this fourplex

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.

Listing description from the July 2026 sale, as reported to CRMLS.

Sale history

$1,000,000
Sold July 2026 · listed $1,080,000, orig. $1,149,000, on market April 2026 · MLS #41132420 · Source: CRMLS
Listing Agent: Raymond Wu · Listing Office: Goodview Financial & R.E. · Contact: 408-988-1138 · Bought with: Pa Pa Correa · Keenan Howard Realty, Inc.
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