1642 Clayton Rd

Beds
Baths
5,728 Sq. Ft.
$416 / Sq. Ft.
5,728
Sq. Ft.
$416
per Sq. Ft.

Description

The property is one of the best located small multifamily properties in the city of Concord and offers investors the chance to own a quality asset in a fantastic location with the potential to realize rental upside of 25%+ over current in-place rents. The property consists of 1 building housing a total of 8 units, 4upstairs and 4 downstairs and features ideal unit mix of seven 2bedroom 1 bath units and one 1 bedroom 1 bath unit. Each unit features 5 piece appliance package including gas oven/range,...The property is one of the best located small multifamily properties in the city of Concord and offers investors the chance to own a quality asset in a fantastic location with the potential to realize rental upside of 25%+ over current in-place rents. The property consists of 1 building housing a total of 8 units, 4upstairs and 4 downstairs and features ideal unit mix of seven 2bedroom 1 bath units and one 1 bedroom 1 bath unit. Each unit features 5 piece appliance package including gas oven/range, microwave hood, dishwasher, fridge/freezer, wall A/C unit, gas wall furnace for heat, dual pane windows, and 1 assigned parking stall per unit. Additional revenue is generated by leasing unassigned parking stalls and the coin-operated on-site laundry machines. Limited landscaping and the simplistic structure require very littlie maintenance reducing owner operating costs.
  1. Listed by Ethan Berger • DRE #01868467 • NAI Northern California

Property Details for 1642 Clayton Road

City
CONCORD
Building Type
5 or More Units
Property Sub Type
5 or More Units
Garage/Parking
Assigned Spaces, Spaces per Unit - 1, Parking Area
Total # Parking Spaces
10
LISTING CLOSED: 09/28/2023 12:00 AM

Property Details for 1642 Clayton Road

StatusSold
MLS #41035092
Days on Compass13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1960
Lot Size0.22 AC / 9,671 SF
CountyContra Costa County

Location

Listing Courtesy of NAI Northern California, Ethan Berger, DRE #01868467

Sold By GCM Realty & Loans, Maurice Carbajal, DRE #01415783

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Building Information for 1642 Clayton Road

Stories-Residences8Year Built1960Building Size-Lot Size0.22 AC / 9,671 SF

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HOA Dues

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Property Information for 1642 Clayton Road

Features
Feature Details
  • Flooring: Carpet, Tile
  • Laundry: Dryer
Utility Details
  • Cooling: Window/Wall Unit(s)
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water District
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: All Public Utilities, Carbon Mon Detector, Double Strapped Water Htr, Dryer, Individual Electric Meter, Individual Gas Meter, Smoke Detector, Video System, Washer, Water Heater Gas
  • Exterior: Stucco
  • Lot Description: Level
  • Lot Sq Ft Apx: 9671
  • Lot Size Square Feet: 9671.0
  • Roof: Composition
  • Sq Ft Apx: 5728
  • Year Built: 1960
Location Details
  • Directions to Property: Clayton between Pine & Detroit
  • FIPS Code: 06013
  • Census Tract: 3361.03
  • Parcel Number: 128-010-035-3
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • Units Total: 8
  • Basement: None
  • Tenant Pays: Cable TV, Electric, Gas
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 7
  • Unit # 1 Air Cond: Yes
  • Unit # 1 Refrigerator: Yes
  • Unit # 1 Range Oven: Yes
  • Unit # 1 # of Bedrooms: 2
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Approx SqFt: 700
Unit 2
  • Unit 2 # Units This Type?: 1
  • Unit # 2 Air Cond: Yes
  • Unit # 2 Refrigerator: Yes
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Parking Spaces: 1
  • Unit # 2 Approx SqFt: 550
Building Details
  • Additional Features-Misc: None
  • Apx Lot Acres: 0
  • On Site Parking Description: Parking Area, Space Per Unit - 1, Spaces - Assigned, Uncovered Parking Space
Other Financial Information
  • Existing Loan: 1st D/T
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 1642 Clayton Road

DateEvent & SourcePriceAppreciation
Sep 28, 2023

Sold

EBRD #41035092

$2,380,000
Sep 28, 2023

Sold

MLSListings #EB41035092

$2,380,000
Aug 17, 2023

Pending

EBRD #41035092

DateEvent & SourcePrice
09/28/2023

Sold

EBRD #41035092

$2,380,000
09/28/2023

Sold

MLSListings #EB41035092

$2,380,000
08/17/2023

Pending

EBRD #41035092

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1642 Clayton Road

This home is within Mt. Diablo Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Meadow Homes Elementary School
PublicK to 5

Oak Grove Middle School
Public6 to 8

Mt. Diablo High School
Public9 to 12

Sunrise (Special Education) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NAI Northern California, Ethan Berger, DRE #01868467

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.