1506 Garcez Dr, Concord, CA 94521
- $3,295,000
Listed by Theodore Booras, (925) 322-1474 from United Apartment Group
(If provided) CoList: from
Sold listing courtesy of OUT OF AREA OUT from OBBOUT
- Sold Price
- $3,295,000
- List Price
- $3,550,000
- Closing Date
- Jan 23, 2026
- MLS#
- EB41113179
- Status
- SOLD
- Lot Size
- 12,990
- Listing Area
- Concord
- Year Built
- 1960
Property Description
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.
Additional Information
- Acres
- 0.30
- Age
- 65
- Amenities
- Balcony/Patio
- Cooling System
- Window / Wall Unit
- Exterior Features
- Stucco
- Floor Covering
- Carpet - Partial, Hardwood
- Heating System
- Wall Furnace
- Laundry Facilities
- Community Facility
- Lot Description
- Other
- Lot Size
- 12,990
- Neighborhood
- Concord
- Numberof Units
- 12
- Roof
- Polyurethane
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
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