1917 Clayton Way, Concord, CA 94519

About this fourplex

At more than 3,500 square feet, Concord’s 1917 Clayton Way is a four-unit (3, 2BR/1BA + 1, 3BR/1.5BA) multifamily that’s a turnkey cash-generator. All units are currently rented to strong, stable tenants driving $8,000 in gross monthly rent. However, the property’s incredible location (near downtown, entertainment venues, parks, BART, and more), mean cash flow could be 30% stronger if the rents are adjusted to the current market ($10,400/month gross). This property is less than five minutes by car to downtown, Todos Santos Plaza, Pixieland Amusement Park, Willow Pass Community Park, Concord Medical Center, and numerous retailers such as Dollar Tree, Safeway, 99 Ranch Market, and Grocery Outlet. Additional points of note regarding 1917 Clayton Way include its onsite parking and laundry facilities which contributes to the building’s privacy despite being a corner lot.

Listing description from the August 2023 sale, as reported to CRMLS.

Sale history

$1,298,000

Sold August 2023 · listed $1,200,000, on market June 2023 · MLS #41031683 · Source: CRMLS

Listing Agent: Joey Wang · Listing Office: Keller Williams Realty · Contact: 925-934-2900 · Bought with: Sam Chiu · Berkshire Hathaway Home Services

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