$3,550,000

Estimated payment $22,316/month

Total Views 1,248
-- Bed
-- Bath
9,548 Sq Ft
$372 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Wall Furnace
  • College Park High School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

1506 Garcez offers a prime investment opportunity with a turnkey, fully occupied 12-unit apartment building located in the heart of Concord. Built in 1960, the two-story wood-frame structure features stucco siding with wood trim and sits on a 12,990-squarefoot lot. The building spans 9,548 square feet and includes 12 covered and 4 uncovered off-street parking spaces. Additional income is generated through on-site laundry facilities and a utility reimbursement program, with 8 of the 12 tenants contributing an extra $100 per month to offset water and garbage expenses. The property also features CCTV security cameras and a manager’s storage shed. Major capital improvements include updated flooring, kitchens, bathrooms, and new appliances. Exterior enhancements feature double-pane windows, fresh paint, and a 30-year foam roof installed within the last 3 years. Hydro Jetting Drain System, Water Saving Recirculating Pump for instant hot water, new water heater, wall furnaces and patio doors.

Listing Agent

Theodore Booras

United Apartment Group License #01147469 Listed on: 09/30/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Parking

  • Carport

Home Design

  • Stucco

Flooring

  • Wood
  • Partially Carpeted

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Free-Standing Range
  • 0.3 Acre Lot

Community Details

  • No Home Owners Association
  • Clayton V.Hilnds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1171800038

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Year Built: 1960
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: Clayton V.Hilnds
  • Directions: Clayton Rd. to Garcez
  • Garage Yn: No
  • Efficiency: Other
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Partial Carpeting
  • Appliances: Free-Standing Range, Refrigerator

Exterior Features

  • Roof: Polyurethane Foam
  • Lot Features: Other
  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Carports - 2 Or More

Utilities

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 12990
  • Parcel Number: 1171800038

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 For Sale $3,550,000 -- $372 / Sq Ft
Source: bridgeMLS

Source: bridgeMLS

MLS Number: 41113179

bridgeMLS