Ignite FB Tracking Pixel1636 Clayton Road, Concord, CA 94520 - Khalid & Donna Mahmud ,CA DRE #01812087,CA DRE # 01812367
eXp Realty Of California Inc.
Khalid & Donna Mahmud ,CA DRE #01812087,CA DRE # 01812367, eXp Realty Of California Inc.Phone: (408) 464-6442
Email: [email protected]
Real estate listing preview #1
listing
1 of 1
Single FamilySold
List Price $2,700,000
Sold Price $2,587,500
1636 Clayton Road
Concord, CA 94520
Listed by: Eric Keena from Bhhs Drysdale Properties, (510) 399-4870
MLS: Bay East Contra Costa (BECCAR)
5,728Sq Ft
Est. Mortgage
$14,037/mo

Drive by only. Do not disturb tenants. 1636 Clayton Road presents an excellent opportunity for an investor to purchase a turnkey eight-unit apartment building with immediate day one cash flow. Built in 1961, the 5,728 square foot building sits on a 8,256 square foot lot with uncovered off-street parking spaces. The property consists of one well maintained 1 bedroom/ 1 bathroom unit and seven (7) 2 bedroom/ 1 bathroom units which are all individually metered for gas and electric. Six of the eight units are occupied by long term Section 8 tenants; providing consistent, recession/pandemic proof income. One unit is currently vacant and ready to rent. Additional income from laundry facilities and low operating expenses. Current ownership has completed significant capital improvements over the last few years including roof replacement, new water heater, and new laundry equipment.

Get in touch
Information courtesy of Bhhs Drysdale Properties is subject to verification and is not guaranteed.
Community / School Information