$3,295,000
SOLD JAN 23, 2026
-- Bed
-- Bath
9,548 Sq Ft
0.3 Acres

Recently Sold

$345 Per Sq Ft

7% Below List Price

43 Days on Market

Highlights

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

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Theodore Booras

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

Last Buyer's Agent

Out Of Area Out

OUT OF AREA - NON MEMBER License #88888888

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Parking

  • 2 Carport Spaces

Home Design

  • 9,548 Sq Ft Home
  • Foam Roof
  • Stucco

Flooring

  • Wood
  • Partially Carpeted

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Master Meter
  • Individual Gas Meter

Additional Features

  • Free-Standing Range
  • 0.3 Acre Lot

Listing and Financial Details

  • Tax Tract Number 6013333

Community Details

Overview

  • No Home Owners Association
  • Bridge Aor Association
  • Clayton V.Hilnds Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: 5 or More Units
  • Property Type: COMM RI MULTI-UNITS 5+
  • Lot Features: Other
  • LotSizeAcres: 0.3
  • Security Features: Smoke Detector(s)
  • Has HOA?: No
  • Co List Office Mls Id: OBUAG
  • Special Conditions: Standard
  • Subdivision Name: CLAYTON V.HILNDS
  • Directions: Clayton Rd. to Garcez
  • Basement: None
  • Has Basement?: No
  • Has Cooling?: Yes
  • Living Area: 9548
  • Efficiency: Other
  • Year Built: 1960
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Stucco
  • Roof: Foam

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: Yes
  • Has Attached Garage?: No
  • Parking Features: Carports - 2 Or More

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Individual Electric Meter, Individual Gas Meter, Master Electric Meter

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 12990

Tax Info

  • Tax Tract: 06013333

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2026 01/23/26 Sold $3,295,000 -7.2% $345 / Sq Ft
11/12/2025 11/12/25 Pending -- -- --
09/30/2025 09/30/25 For Sale $3,550,000 -- $372 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

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 $33,847 $2,086,160 $735,512 $1,350,648
2024 $31,888 $2,045,755 $721,091 $1,324,664
2023 $31,888 $2,006,369 $706,952 $1,299,417
2022 $31,159 $1,965,159 $693,091 $1,272,068
2021 $30,163 $1,926,930 $679,501 $1,247,429
2019 $29,380 $1,868,157 $659,348 $1,208,809
2018 $28,065 $1,831,527 $646,420 $1,185,107
2017 $26,916 $1,795,616 $633,746 $1,161,870
2016 $25,955 $1,760,409 $621,320 $1,139,089
2015 $25,289 $1,733,967 $611,988 $1,121,979
2014 $21,034 $1,391,287 $688,109 $703,178
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41113179

bridgeMLS