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Key Details
Sold Price $1,298,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,582 sqft
Price per Sqft $362
Subdivision Clayton Valley
MLS Listing ID 41031683
Sold Date 08/18/23
Bedrooms 9
HOA Y/N No
Year Built 1970
Lot Size 8,000 Sqft
Acres 0.18
Property Description
At more than 3,500 square feet, Concord’s 1917 Clayton Way is a four-unit (3, 2BR/1BA + 1, 3BR/1.5BA) multifamily that’s a turnkey cash-generator. All units are currently rented to strong, stable tenants driving $8,000 in gross monthly rent. However, the property’s incredible location (near downtown, entertainment venues, parks, BART, and more), mean cash flow could be 30% stronger if the rents are adjusted to the current market ($10,400/month gross). This property is less than five minutes by car to downtown, Todos Santos Plaza, Pixieland Amusement Park, Willow Pass Community Park, Concord Medical Center, and numerous retailers such as Dollar Tree, Safeway, 99 Ranch Market, and Grocery Outlet. Additional points of note regarding 1917 Clayton Way include its onsite parking and laundry facilities which contributes to the building’s privacy despite being a corner lot.
Location
State CA
County Contra Costa
Area Concord
Zoning CMX
Rooms
Basement None
Interior
Heating Gravity, Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Laminate, Tile, Vinyl, Carpet
Fireplace No
Appliance Dryer, Washer, Gas Water Heater
Laundry Coin Operated, Dryer, Laundry Room, Washer
Exterior
Exterior Feature Back Yard, Front Yard, Side Yard, Landscape Front, Yard Space
Utilities Available Individual Electric Meter, Individual Gas Meter
Parking Type Carport - 2 Or More, Covered, Off Street, Parking Lot, Uncovered Parking Space, Uncovered Park Spaces 2+, Street Parking
Building
Lot Description Back Yard, Front Yard, Landscape Front, Paved
New Construction No
Others
Tax ID 1144430012
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with SamChiu