1. California
  2. Concord
  3. 1506 Garcez Dr
$3,550,000

1506 Garcez Dr, Concord, CA 94521

  • 9,548 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $372/sqft
  • Property List Date Icon Listed 5 days ago

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.

Listing Status:
Active
Date Added:
September 30, 2025 at 05:00AM
Listing Office:
United Apartment Group : 925-322-1474
Listing Agent:
Theodore Booras : 925-322-1474
MLS ID:
41113179
  • Appliances: Free-Standing RangeRefrigerator
  • Laundry: Common Area
  • Basement: None
  • Flooring: HardwoodPartial Carpeting
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Eco/Green Feature: Other
  • Parking: Carports - 2 Or More
  • Roofing: Foam
  • General: Stucco
  • County: Contra Costa
  • Zoning: 1171800038
  • Utilities: Individual Electric MeterIndividual Gas MeterMaster Electric Meter

This listing courtesy of Theodore Booras, United Apartment Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Ayers Elementary School

5120 Myrtle Dr, Concord, CA, 94521

Grades KG-5

0.78 miles away

P

Pine Hollow Middle School

5522 Pine Hollow Rd, Concord, CA, 94521

Grades 6-8

1.04 miles away

S

Summit High (Continuation)

4200 Concord Blvd, Concord, CA, 94521

Grades 9-12

2.12 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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