About 1506 Garcez Dr
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.
Features of 1506 Garcez Dr
| MLS® # | 41113179 |
|---|---|
| Price | $3,550,000 |
| Square Footage | 9,548 |
| Acres | 0.30 |
| Year Built | 1960 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | 5 or More Units |
| Status | Active |
Community Information
| Address | 1506 Garcez Dr |
|---|---|
| Subdivision | CLAYTON V.HILNDS |
| City | Concord |
| County | Contra Costa |
| State | CA |
| Zip Code | 94521 |
Amenities
| Utilities | Individual Electric Meter, Individual Gas Meter, Master Electric Meter |
|---|---|
| Parking | Carports - 2 Or More |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Free-Standing Range, Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Fireplace | No |
Exterior
| Lot Description | Other |
|---|---|
| Roof | Foam |
| Construction | Stucco |
Additional Information
| Date Listed | September 30th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Theodore Booras |
|---|---|
| Office | United Apartment Group |