1486 Marclair Dr Concord, CA 94521
Midtown Concord NeighborhoodEstimated payment $6,900/month
Highlights
- No HOA
- Paved or Partially Paved Lot
- Heating System Uses Natural Gas
- Cooling System Mounted To A Wall/Window
- Carpet
About This Home
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 Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 5,678 Sq Ft Lot
- Paved or Partially Paved Lot
Parking
- Carport
Home Design
- Quadruplex
- Flat Roof Shape
- Wood Shingle Exterior
Interior Spaces
- Window Screens
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- Gas Water Heater
Community Details
- No Home Owners Association
- 4 Units
- Clayton Valley Subdivision
Listing and Financial Details
- Assessor Parcel Number 1331600302
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,662 | $809,672 | $269,684 | $539,988 |
| 2024 | $11,958 | $793,797 | $264,397 | $529,400 |
| 2023 | $11,958 | $778,233 | $259,213 | $519,020 |
| 2022 | $11,711 | $762,975 | $254,131 | $508,844 |
| 2021 | $11,353 | $748,016 | $249,149 | $498,867 |
| 2019 | $11,079 | $725,831 | $241,760 | $484,071 |
| 2018 | $10,583 | $711,600 | $237,020 | $474,580 |
| 2017 | $10,167 | $697,648 | $232,373 | $465,275 |
| 2016 | $9,815 | $683,969 | $227,817 | $456,152 |
| 2015 | $9,590 | $673,696 | $224,395 | $449,301 |
| 2014 | $7,322 | $490,215 | $150,681 | $339,534 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2026 05/19/26 | Price Changed | $1,080,000 | -6.0% | $341 / Sq Ft |
| 04/25/2026 04/25/26 | For Sale | $1,149,000 | -- | $363 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $660,500 | First American Title Company | |
| Grant Deed | $488,000 | First American Title Company | |
| Grant Deed | $360,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $625,000 | Old Republic Title | |
| Grant Deed | $203,500 | First American Title Guarant | |
| Interfamily Deed Transfer | -- | First American Title Guarant |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $417,302 | FHA | |
| Previous Owner | $270,000 | New Conventional | |
| Previous Owner | $472,500 | Stand Alone First | |
| Previous Owner | $162,800 | Purchase Money Mortgage |
Source: Bay East Association of REALTORS®
MLS Number: 41132420
APN: 133-160-030-2
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