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Multifamily Property with Carport
New
For Sale
$1,295,000

1973 Jacqueline Way, Concord, CA 94519

A natural gas-served multifamily property with carport parking in Concord.

Property Size4,176 SF
Price / SF$310.11
Days on Market4

Property Features for 1973 Jacqueline Way

General Information

Standard status Active
Size 4,176 SF
Property subtype Residential Income

Amenities

Other
Natural Gas
Carport

Building Details

Building Size 4,176 SF
Year Built 1968
Listing Agency: Compass
Listed By: Willem Bos · License #02013980
Source: Evrealestate
Added: Oct 19 Last Checked: Oct 20 at 8:23PM

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

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Investment Insights

Based on property information with market context.

This 4,176-square-foot multifamily property was built in 1968 and includes a carport. Natural gas is listed among the property’s interior features.

The property is located at 1973 Jacqueline Way in Concord, Contra Costa County.

Key Highlights

  • 4,176 square feet of multifamily property
  • Built in 1968
  • Carport parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,244
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,324,880 $1.3M
Cap Rate 7%
$946,343 $946.3K
Cap Rate 9%
$736,044 $736.0K
Market Conditions
NOI Build-Up for 4,176 SF
Gross rent
$126.8K $30.36/SF
− Vacancy
−$6.3K −$1.52/SF
EGI
$120.4K $28.84/SF
− OpEx
−$54.2K −$12.98/SF
NOI
$66.2K $15.86/SF
Area
Concord, CA
Vacancy
5.00%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,324,880
Cap Rate 7%
$946,343
Cap Rate 9%
$736,044

Alternative Uses

Best Use
Apartment 5plus
$946.3K
$828.1K – $1.10M (±1% cap)
NOI $66,244 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.02M
$893.7K – $1.19M (±1% cap)
NOI $71,497 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

Demographics for 94519, CA

18,677
Population
7,427
Households
2.5
Avg Household Size
40
Median Age
28%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
4,150
Density / Sq Mi
$123,366
Median Household Income
$58,873
Median Earnings
$2,340
Median Rent
$727,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - A natural gas-served multifamily property with carport parking in Concord.
Where is this multifamily property located?
The property is located at 1973 Jacqueline Way Concord, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 4,176 square feet of multifamily property; Built in 1968; Carport parking
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