Concord, CA 94519,1917 Clayton Way
Concord, CA 94519,1917 Clayton Way
Concord, CA 94519,1917 Clayton Way
$1,298,000
Est. payment /mo
$1,200,000
8.2%
Est.Price: ?

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7,840 Sqft Lot
SOLD DATE : 08/18/2023

Key Details

Sold Price $1,298,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Subdivision Clayton Valley

MLS Listing ID 41031683

Sold Date 08/18/23

HOA Y/N No

Year Built 1970

Lot Size 7,840 Sqft

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

Zoning CMX

Interior

Heating Gravity, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Tile, Vinyl

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Garage Covered, Carport, On Street

Parking Type Covered, Carport, On Street

Total Parking Spaces 5

Building

Lot Description Back Yard, Front Yard, Yard

Sewer Public Sewer

Others

Tax ID 1144430012

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California Regional MLS (CRMLS)
Listed by Joey Wang • Keller Williams Realty
Bought with Sam Chiu • Berkshire Hathaway Home Services

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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