NOT LISTED FOR SALE

1128 Marilyn Way Concord, CA 94518

Cowell Terrace Neighborhood

Estimated Value: $1,054,000 - $1,082,000

8 Beds
4 Baths
3,120 Sq Ft
$342/Sq Ft Est. Value

Last Sold December 01, 2025

Last sale price $1,060,000 $340 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,761/month

8 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Wall Furnace

About This Home

As of December 2025

Exceptional Investment Opportunity in Concord! Fully occupied four-plex featuring four spacious 2-bedroom, 1-bath units with in unit laundry — all generating strong, consistent income at competitive market rents. This turnkey property offers immediate cash flow and long-term stability, ideal for investors seeking a well-performing multifamily asset. Tenants enjoy convenient access to downtown Concord, BART, schools, shopping, and major commuter routes. With solid rental history and minimal vacancy, this property stands as a reliable addition to any investment portfolio.

Last Agent to Sell the Property

Mustafa Tinawi

Luxe Realty Group License #01997835 Listed on: 10/30/2025

Last Buyer's Agent

Shahrzad Nabavi

BRG Realty License #02124382

BRG Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,500 Sq Ft Lot

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Concord Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1261820342

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Year Built: 1959
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: Concord
  • Directions: Clayton to Marilyn
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Other
  • Other Equipment: Other
  • Total Bedrooms: 8

Exterior Features

  • Roof: Tar/Gravel
  • Lot Features: Other
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Heating: Wall Furnace
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6500
  • Parcel Number: 1261820342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2025
Closed on
Nov 21, 2025
Sold by
Ziad Ahmadie Revocable Trust and Ahmadie Ziad
Bought by
Neishabouri Mohammadhossein and Nabavi Shahrzad
Seller's Agent
Mustafa Tinawi
Luxe Realty Group
Buyer's Agent
Shahrzad Nabavi
BRG Realty
List Price
$1,049,000
Sold Price
$1,060,000
Premium/Discount to List
$11,000
1.05%
Views
14
Current Estimated Value
$1,065,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,689
Avg. Annual Appreciation
1.69%
Original Mortgage
$795,000
Outstanding Balance
$793,493
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$272,196

Purchase Details

Closed on
Dec 13, 2023
Sold by
Ahmadie Ziad Ahmad and Elahmadie Hikmat Ahmad
Bought by
Ziad Ahmadie Revocable Trust and Ahmadie

Purchase Details

Closed on
May 25, 2000
Sold by
Ahmadie Ziad Ahmad
Bought by
Elahmadie Hikmat Ahmad and Ahmadie Ziad Ahmad

Purchase Details

Closed on
Feb 24, 2000
Sold by
Mehdi Hussain
Bought by
Ahmadie Ziad Ahmad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1994
Sold by
Dailley Anthony and Dailley Terri
Bought by
Hussain Mehdi and Hussain Parveen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Neishabouri Mohammadhossein $1,060,000 First American Title
Ahmadie Ziad Ahmad -- First American Title
Elahmadie Hikmat Ahmad -- First American Title
Ziad Ahmadie Revocable Trust -- None Listed On Document
Elahmadie Hikmat Ahmad $43,000 --
Ahmadie Ziad Ahmad $210,000 First American Title Guarant
Hussain Mehdi $195,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neishabouri Mohammadhossein $795,000
Previous Owner Ahmadie Ziad Ahmad $168,000
Previous Owner Hussain Mehdi $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Sold $1,060,000 +1.0% $340 / Sq Ft
11/07/2025 11/07/25 Pending -- -- --
10/30/2025 10/30/25 For Sale $1,049,000 -- $336 / Sq Ft
Source: Contra Costa Association of REALTORS®

Agents Affiliated with this Home

  • Mustafa Tinawi

    Seller's Agent in 2025

    Mustafa Tinawi

    Luxe Realty Group

    (925) 497-7632

    4 in this area

    75 Total Sales

    Mustafa Tinawi
    Section Image

  • S

    Buyer's Agent in 2025

    Shahrzad Nabavi

    BRG Realty

    (408) 558-3600

    1 in this area

    1 Total Sale

    Shahrzad Nabavi
    Section Image
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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 41116204

Contra Costa Association of REALTORS®

APN: 126-182-034-2

California Contra Costa County Concord 94518 Cowell Terrace

1128 Marilyn Way, Concord, CA

Not Listed for Sale

MultiFamily

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