1486 Marclair Dr, Concord, CA 94521
CLAYTON VALLEY · Contra Costa County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Quadruplex
Year Built
1962
Living Area
3,168 sq ft
Lot Size
0.13 acres
Parking Spaces
9
Days on Market
76
MLS® Listing#
41132420
Property Features
Interior
Appliances
Cooling
Heating
Flooring
Basement
Lot Features
Construction
Windows
Sewer
Financial Details
HOA
None
Parcel Number
1331600302
Affordability Calculator
$216,000
Estimated monthly payment
$5,748/mo
Principal $864,000 · Est. interest $1,205,357 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Concord, CA
- $673,034
- Median Listing Price
- 36
- Median Days on Market
- 1,281
- Median Sq Ft
- $455
- Median Price / Sq Ft
- 381
- Active Listings
- This home’s price is 60% above the area median.
- Its price per sq ft is 25% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Concord, CA.
Location
Points of Interest in Concord, CA
Showing the Concord area map.
Nearby Schools
King's Valley Christian School
Secondary · 0.4 mi away
Angels Montessori School
Elementary · 0.5 mi away
Mountain View Elementary
Elementary · 0.7 mi away
Christian Life Elementary School
Elementary · 0.8 mi away
Wood Rose Academy
School · 0.8 mi away
Tabernacle School
Secondary · 0.9 mi away
Silverwood Elementary School
Elementary · 0.9 mi away
Step by Step Montessori School
Elementary · 0.9 mi away
Westwood Elementary
Elementary · 1.0 mi away
First Lutheran School
School · 1.1 mi away
Building Kidz School
School · 1.3 mi away
El Monte Elementary School
Elementary · 1.4 mi away
Clayton Valley High School
Secondary · 1.5 mi away
Ayers Elementary School
Elementary · 1.5 mi away
Ygnacio Valley Christian School
Secondary · 1.6 mi away
Shadelands School
Secondary · 1.8 mi away
Sunrise School
Elementary · 1.8 mi away
Calvary Christian Preschool
School · 1.8 mi away
Mt. Diablo Unified School District
Secondary · 1.9 mi away
Monte Gardens Elementary School
Elementary · 1.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2542 Camara Cir, Concord, CA | $1,300,000 | 8 | — | 3,155 |
| 2548 Camara Cir, Concord, CA | $1,300,000 | 8 | — | 2,908 |
| 2561 Camara Cir, Concord, CA | $1,300,000 | 8 | — | 2,998 |
Moving Cost Estimate
EXIT Agents in Concord
Listing Courtesy: Goodview Financial & R.E. - 4089881138
Presented by: Raymond Wu
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.