NOT LISTED FOR SALE
-- Bed
-- Bath
9,548 Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: January 23, 2026

Last sale price $3,295,000 $345 Per Sq Ft

43 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA
  • Laundry Facilities

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

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 0.3

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
  • 12,990 Sq Ft 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

0.3 Acres

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2025
Closed on
Jan 13, 2026
Sold by
Bought by
Seller's Agent
Theodore Booras
United Apartment Group
Buyer's Agent
Out Of Area Out
OUT OF AREA - NON MEMBER
List Price
$3,550,000
Sold Price
$3,295,000
Premium/Discount to List
-$255,000
-7.18%
Views
22

Purchase Details

Closed on
Jan 26, 2024
Sold by
Bought by

Purchase Details

Closed on
May 15, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,038,750
Interest Rate
3.53%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 9, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,035,000
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
-- Chicago Title
$3,295,000 Chicago Title
-- Old Republic Title
$1,700,000 North American Title Company
$1,385,000 North American Title Company
$1,425,000 Chicago Title
-- Chicago Title
-- --
Source: Public Records

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 Borrower Loan Amount
Previous Owner $1,300,000
Previous Owner $1,190,000
Previous Owner $1,038,750
Previous Owner $1,035,000
Source: Public Records

Property 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 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $33,847 $2,128,060 $750,222 $1,377,838
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

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Map

Source: bridgeMLS

MLS Number: 41113179

bridgeMLS
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