Fully Rented
For Sale
$1,300,000
2548 Camara Cir, Concord, CA 94520
Residential Income, Concord, CA
Property Size2,908 SF
Lot Size0.14 Acres
Price / SF$447.04
Days on Market155
Property Features for 2548 Camara Cir
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 8, Bathroom 4, Bedroom 7, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 4
Parking features
Parking Lot, Off Street
Exterior features
Back Yard
Subdivision
Concord
Elementary school district
Mount Diablo (925) 682-8000
High school district
Mount Diablo (925) 682-8000
Standard status
Active
APN
1262020355
Size
2,908 SF
Lot size
0.14 Acres
Utilities
Heating system
Wall Furnace
Cooling system
Window Unit(s), Wall/Window Unit(s)
Amenities
shared outdoor area
BBQs
play and gathering space
on-site surface parking
Building Details
Year built
1961
Number of units
4
Flooring type
Tile, Carpet
Building materials
Stucco
Listing Agency:
Keller Williams Realty
(925) 934-2900
Listed By:
Renee White · License #01462315
(925) 876-2441
Added: Apr 6
Changed: Sep 6
Last Checked: Sep 7 at 1:06AM
MLS# 41129842
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,908-square-foot quadplex contains four residential units, each arranged with two bedrooms and one bathroom. The property was built in 1961 and features stucco construction, tile and carpet flooring, wall-furnace heating, and window or wall/window-unit cooling. Off-street surface parking and a backyard provide additional on-site amenities.
All four units are currently rented. Residents have access to shared outdoor space within the surrounding multi-building community, including seating, BBQ areas, and a play and gathering area. The property is in Concord, near Costco, Las Montanas Supermarket, a local produce and seafood market, and public transportation. Additional similar four-unit buildings in the community are also available for acquisition.
All four units are currently rented. Residents have access to shared outdoor space within the surrounding multi-building community, including seating, BBQ areas, and a play and gathering area. The property is in Concord, near Costco, Las Montanas Supermarket, a local produce and seafood market, and public transportation. Additional similar four-unit buildings in the community are also available for acquisition.
Key Highlights
- Four‑unit property with 2,908 square feet
- Each unit has 2 bedrooms and 1 bathroom
- Currently fully rented
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,788
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$995,760
$995.8K
Cap Rate 7%
$711,257
$711.3K
Cap Rate 9%
$553,200
$553.2K
Market Conditions
NOI Build-Up for 2,908 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$75.0K $25.80/SF
− Vacancy
−$3.9K −$1.34/SF
EGI
$71.1K $24.46/SF
− OpEx
−$21.3K −$7.34/SF
NOI
$49.8K $17.12/SF
Area
Concord, CA
Vacancy
5.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$995,760
Cap Rate 7%
$711,257
Cap Rate 9%
$553,200
Alternative Uses
Best Use
Multifamily LT 5
$711.3K
$622.4K – $829.8K
NOI $49,788 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$659.0K
$576.6K – $768.8K
NOI $46,130 @ 7.0% cap · market cap 3.55%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,013
Businesses Nearby
Explore this area
Business Placement
Demographics for 94520, CA
38,383
Population
13,661
Households
2.8
Avg Household Size
35
Median Age
30%
College-Educated
79%
High-School Grad
9.9 sq mi
ZIP Area
3,877
Density / Sq Mi
$79,790
Median Household Income
$43,382
Median Earnings
$2,118
Median Rent
$572,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing residential property with four two-bedroom units, on-site parking, and access to shared outdoor amenities.
Where is this quadplex located?
The property is located at 2548 Camara Cir Concord, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four‑unit property with 2,908 square feet; Each unit has 2 bedrooms and 1 bathroom; Currently fully rented
