Description

1973 Jacqueline Way is a two-story, five-unit apartment building on a cul-de-sac in Concord, offered at $1,295,000 ($259,000 per unit, $310 per square foot). Built in 1968, the property totals 4,176 rentable square feet on an 8,955 square foot lot zoned RM. The unit mix is four 2-bedroom, 1-bath units and one 3-bedroom, 1-bath unit, all currently occupied. In-place rents average $1,857 per month against pro forma market rents averaging $2,560, so market rents sit roughly 38% above current rents. The property delivers a 5.41% cap rate and 11.15 GRM on current income, rising to an 8.61% cap rate and 8.00 GRM at pro forma, making this a value-add opportunity with immediate cash flow. Gas and electric are separately metered and paid by the tenants, with water master metered and trash owner paid. Site amenities include carport parking at one space per unit, an unused garage, and on-site laundry. The location offers easy access to the freeway system and downtown Concord. Concord BART, John Muir Medical Center Concord and Todos Santos Plaza are all about 1.2 to 1.3 miles away, with Sun Valley Mall and Diablo Valley College within about 3.5 miles.

Property details

Year built

1968

Property type

Residential Income

Lot size

8,955 sqft

Location

1973 Jacqueline Way • Concord, CA 94519

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Listing Agent

Willem Bos

DRE #: 02013980

Brokerage: COMPASS

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Sale history for 1973 JACQUELINE WAY

Sold $674,000 in April 2014 · MLS #40633608 · Source: CRMLS

CRMLS

MLS# 41151582

Listed: 10/17/2026 3:43 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/17/2026 10:59 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: COMPASS

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Residential Income - 1973 Jacqueline Way, Concord, CA