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    2005 Sierra Rd Concord, CA 94518

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    For Sale
    $1,600,000

    Multifamily property in Concord with convenient access to amenities.

    Lot size:
    0.25 Acres

    Property Features for 2005 Sierra Rd

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1968

    Source: Compass Agent Frank Nelson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Concord Multifamily Investment Opportunity

    This multifamily property presents an investment opportunity in Concord, California. The location offers convenient access to three BART stations (Concord, North Concord, and Pleasant Hill), Costco, bus lines, Trader Joe's, Safeway, restaurants, movie theaters, La Clinica, John Muir hospital, trails, parks, and freeway access. All units are currently rented and have been updated over time, including bathrooms and kitchens. A new water heater was installed two years ago. On-site amenities include a community laundry facility, storage units, and both covered and uncovered parking.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Contra Costa
    State
    California
    Longitude
    -122.0368312
    Latitude
    37.9531128

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property in Concord with convenient access to amenities.
    Where is this apartment building located?
    The property is located at 2005 Sierra Rd Concord, CA.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity with all units currently rented.; - Convenient Concord location with easy access to 3 BART stations (Concord, N Concord, Pleasant Hill).; - Updated units including baths and kitchens.
    (925) 596-3179
    Request Owner's contact information
    2005 Sierra Rd Concord, CA 94518
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    Concord, CA 94518
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2005 Sierra Rd Concord, CA 94518
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