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Concord Multifamily Investment Opportunity
For Sale
$1,450,000

2005 Sierra Rd, Concord, CA 94518

Multifamily property in Concord with convenient access to amenities.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market274

Property Features for 2005 Sierra Rd

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Investment

Building Details

Year Built 1968
Units 4
Listing Agency: Compass
Listed By: Frank Nelson · License #01096074
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 28 at 12:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Hair Salon Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,276
Businesses Nearby

Demographics for 94518, CA

27,209
Population
10,361
Households
2.6
Avg Household Size
42
Median Age
44%
College-Educated
89%
High-School Grad
5.5 sq mi
ZIP Area
4,947
Density / Sq Mi
$111,406
Median Household Income
$56,960
Median Earnings
$2,290
Median Rent
$826,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

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 $1,450,000.
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.
More about this property
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