Quadplex with Side
New
For Sale
$1,300,000
2561 Camara Cir, Concord, CA 94520
Residential Income, Concord, CA
Property Size2,998 SF
Lot Size0.14 Acres
Price / SF$433.62
Days on Market3
Property Features for 2561 Camara Cir
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 6, Bedroom 8, Bedroom 4, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 5, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking features
Tandem, Garage, Off Street
Exterior features
Back Yard
Subdivision
Concord
Elementary school district
Mount Diablo (925) 682-8000
High school district
Mount Diablo (925) 682-8000
Directions
Detroit to Camara Cir
Standard status
Active
APN
1262020314
Size
2,998 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Window Unit(s), Wall/Window Unit(s)
Water source
Public
Amenities
central shared outdoor area
BBQs
play and gathering space
covered garage parking
Building Details
Year built
1966
Number of units
4
Flooring type
Tile, Carpet
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# 41148248
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 1966-built quadplex contains four residential units, each configured with two bedrooms and one bathroom. The building provides 2,998 square feet on a 0.1377-acre parcel and includes a side yard, back yard, covered garage parking, tandem parking, and off-street parking. Interior finishes include carpet and tile, with wall furnaces and window or wall/window cooling units.
All four units are currently rented. Residents share an outdoor area with seating, BBQs, and space for play and gatherings. Public water and public sewer serve the property. The Concord location is within walking distance of Costco, Las Montanas Supermarket, a produce and seafood market, and public transportation. Other similarly constructed 4-unit buildings in the community are also available, creating an opportunity to evaluate additional acquisitions.
All four units are currently rented. Residents share an outdoor area with seating, BBQs, and space for play and gatherings. Public water and public sewer serve the property. The Concord location is within walking distance of Costco, Las Montanas Supermarket, a produce and seafood market, and public transportation. Other similarly constructed 4-unit buildings in the community are also available, creating an opportunity to evaluate additional acquisitions.
Key Highlights
- Four 2‑bedroom, 1‑bath units with 2,998 square feet of building area
- Fully rented quadplex with current occupancy across all four units
- 0.1377‑acre parcel with side yard and back yard space
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
$51,328
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
3.95%
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%
$1,026,560
$1.0M
Cap Rate 7%
$733,257
$733.3K
Cap Rate 9%
$570,311
$570.3K
Market Conditions
NOI Build-Up for 2,998 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
$77.3K $25.80/SF
− Vacancy
−$4.0K −$1.34/SF
EGI
$73.3K $24.46/SF
− OpEx
−$22.0K −$7.34/SF
NOI
$51.3K $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%
$1,026,560
Cap Rate 7%
$733,257
Cap Rate 9%
$570,311
Alternative Uses
Best Use
Multifamily LT 5
$733.3K
$641.6K – $855.5K
NOI $51,328 @ 7.0% cap · market cap 3.95%
Second Best
Apartment 5plus
$679.4K
$594.5K – $792.6K
NOI $47,558 @ 7.0% cap · market cap 3.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased four-unit property with covered garage parking and shared outdoor amenities in an established Concord community.
Where is this quadplex located?
The property is located at 2561 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 2‑bedroom, 1‑bath units with 2,998 square feet of building area; Fully rented quadplex with current occupancy across all four units; 0.1377‑acre parcel with side yard and back yard space
