Fantastic opportunity for investors to own a turn-key, high income producing multifamily property in a desirable Concord location. The property has been very well managed with only 1 vacancy in the past 3 years and all rents near market rate. Additional income from on-site laundry and parking. All of the units have been updated with dual pane windows, laminate flooring, kitchen cabinetry, appliances, and paint. All units come with AC, gas wall heat, 1 assigned covered parking and storage closet. The property location is ideal for tenants and is within easy walking distance of grocery stores, restaurants, retailers, bus stops and the 126 acre Newhall Park. Ideal for an investor looking for a clean, well-maintained property in a good location. All offers due 8/3 at 12:00 noon.
Sold for $1,550,000 on 09/22/23
$1,550,000
4462 Clayton Rd, Concord, CA 94521
8beds
4baths
3,120sqft
Quadruplex
Built in 1962
-- sqft lot
$1,413,500 Zestimate®
$497/sqft
$2,397 Estimated rent
Home value
$1,413,500
$1.31M - $1.51M
$2,397/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 26, 2023 at 03:04am
Listed by:
Ethan Berger DRE #01868467 925-588-9740,
NAI Northern California
Bought with:
Jacqueline Washington, DRE #01369550
ALL SEASONS REALTY
Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41032785
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Natural Gas, Wall Furnace
Cooling
- Has cooling: Yes
Appliances
- Included: Dryer, Washer
- Laundry: Coin Operated, Common Area, Dryer, Laundry Equip - Leased, Washer
Features
- Updated Kitchen, Open Beam Ceiling, Storage Area(s), Tub w/Shower Over
- Flooring: Laminate, Tile
- Basement: None
Interior area
- Total structure area: 3,120
- Total interior livable area: 3,120 sqft
Property
Parking
- Total spaces: 5
- Parking features: Carport - 2 Or More, Covered, Guest, Off Street, Space Per Unit - 1
- Has carport: Yes
Features
- Exterior features: Low Maintenance
- Fencing: Partial
Lot
- Size: 6,534 sqft
Details
- Parcel number: 1331600609
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
Condition
- Year built: 1962
Utilities & green energy
- Utilities for property: Individual Electric Meter, Individual Gas Meter
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Double Strapped Water Heater
Location
- Region: Concord
Other
Other facts
- Listing terms: 1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2023 | Sold | $1,550,000+3.7%$497/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41032785 Report a problem | ||
| 8/7/2023 | Pending sale | $1,495,000$479/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41032785 Report a problem | ||
| 7/11/2023 | Listed for sale | $1,495,000$479/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41032785 Report a problem | ||
| 11/6/2021 | Listing removed | -- |
Source: bridgeMLS/CCAR/Bay East AOR #40949745 Report a problem | ||
| 5/13/2021 | Listed for sale | $1,495,000+42.4%$479/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #40949745 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,176 -13.6% | $1,581,000 +2% |
| 2024 | $24,500 +57.4% | $1,550,000 +40.4% |
| 2023 | $15,562 +1.8% | $1,103,735 +2% |
Find assessor info on the county website
Neighborhood: Clayton Valley
Nearby schools
GreatSchools rating
- 6/10Mountain View Elementary SchoolGrades: K-5Distance: 0.6 mi
- 3/10El Dorado Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10Concord High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$1,413,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,413,500