Fully Leased Four-Unit
New
For Sale
$1,300,000
2542 Camara Cir, Concord, CA 94520
Residential Income, Concord, CA
Property Size3,155 SF
Lot Size0.14 Acres
Price / SF$412.04
Days on Market3
Property Features for 2542 Camara Cir
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 7, Bedroom 8, Bedroom 3
Parking features
Covered, Off Street, Assigned
Exterior features
Back Yard
Subdivision
Concord
Elementary school district
Mount Diablo (925) 682-8000
High school district
Mount Diablo (925) 682-8000
Directions
Detrioit to Camara Cir..
Standard status
Active
APN
1262020363
Size
3,155 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s)
Water source
Public
Amenities
central shared outdoor area
BBQs
play and gathering space
covered parking
Building Details
Year built
1962
Number of units
4
Flooring type
Carpet, Tile
Building materials
Wood Siding
Listing Agency:
Keller Williams Realty
(925) 934-2900
Listed By:
Renee White · License #01462315
(925) 876-2441
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 16 at 10:06AM
MLS# 41148245
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 four-unit residential property contains four two-bedroom, one-bath homes within a multi-building community organized around shared outdoor space. The property measures 3,155 square feet on a 0.1377-acre lot and was built in 1962. Unit interiors include carpet and tile flooring, wall furnaces, and wall or window cooling units. Covered, assigned, and off-street parking is provided, with a backyard area also included.
The property is in Concord near Costco, Las Montanas Supermarket, a local produce and seafood market, and public transportation. Major commuter routes are accessible nearby. All four units are currently rented, and additional four-unit buildings in the same community are available for acquisition.
The property is in Concord near Costco, Las Montanas Supermarket, a local produce and seafood market, and public transportation. Major commuter routes are accessible nearby. All four units are currently rented, and additional four-unit buildings in the same community are available for acquisition.
Key Highlights
- Four‑unit residential property with 3,155 square feet
- Each unit offers 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
$54,016
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
4.16%
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%
$1,080,320
$1.1M
Cap Rate 7%
$771,657
$771.7K
Cap Rate 9%
$600,178
$600.2K
Market Conditions
NOI Build-Up for 3,155 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
$81.4K $25.80/SF
− Vacancy
−$4.2K −$1.34/SF
EGI
$77.2K $24.46/SF
− OpEx
−$23.1K −$7.34/SF
NOI
$54.0K $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%
$1,080,320
Cap Rate 7%
$771,657
Cap Rate 9%
$600,178
Alternative Uses
Best Use
Multifamily LT 5
$771.7K
$675.2K – $900.3K
NOI $54,016 @ 7.0% cap · market cap 4.16%
Second Best
Apartment 5plus
$715.0K
$625.6K – $834.1K
NOI $50,048 @ 7.0% cap · market cap 3.85%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units include covered parking and access to a shared outdoor community area.
Where is this quadplex located?
The property is located at 2542 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 residential property with 3,155 square feet; Each unit offers 2 bedrooms and 1 bathroom; Currently fully rented
