Duplex with Two Separate
For Sale
$1,250,000
2850 Concord Blvd, Concord, CA 94519
Two residences offer distinct layouts, private outdoor areas, garages, and convenient access to downtown Concord and BART.
Property Size3,326 SF
Days on Market248
Property Features for 2850 Concord Blvd
General Information
Standard status
Active
Size
3,326 SF
Property subtype
Duplex
Amenities
Fireplace
Central Air
Forced Air
Tankless Water Heater
Garden
Building Details
Building Size
3,326 SF
Year Built
2017
Listing Agency:
Keller Williams Realty Walnut Creek
Listed By:
Renee White · License #01462315
(925) 808-1539
Source:
Kw
Added: Feb 9
Changed: Oct 15
Last Checked: Oct 14 at 10:24PM
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 Keller Williams Realty Walnut Creek
Investment Insights
Based on property information with market context.
Built in 2017, this duplex comprises two independent residences with engineered wood flooring and consistent interior finishes. The first home is a single-level 1-bedroom, 1-bath residence measuring 728 square feet, with a living area, kitchen with stone countertops, walk-in shower, in-home laundry, and 1-car garage. The second home provides 3 bedrooms, 3 baths, a loft, and 2,598 square feet. Its main level includes the primary suite, another bedroom and full bath, laundry, dining space, and a kitchen equipped with high-end appliances, stone countertops, and substantial cabinetry. A fireplace serves the living room, which opens to a deck. The loft includes a private balcony, while the entry level adds a bedroom, full bath, and seating area with access to the landscaped yard.
Outdoor improvements include multiple garden areas and planted beds. The property includes central air, forced-air heating, and a tankless water heater. Located at 2850 Concord Blvd, it is walkable to Downtown Concord, Todos Santos Plaza, BART, dining, entertainment, and shopping, with access to major freeways.
Outdoor improvements include multiple garden areas and planted beds. The property includes central air, forced-air heating, and a tankless water heater. Located at 2850 Concord Blvd, it is walkable to Downtown Concord, Todos Santos Plaza, BART, dining, entertainment, and shopping, with access to major freeways.
Key Highlights
- Two separate residences: a 1‑bedroom, 1‑bath home and a 3‑bedroom, 3‑bath home
- Home 1 measures 728 sq ft and includes a 1‑car garage, stone counters, walk‑in shower, and in‑home laundry
- Home 2 measures 2,598 sq ft and includes a loft, private balcony, deck, fireplace, and 2‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,944
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,138,880
$1.1M
Cap Rate 7%
$813,486
$813.5K
Cap Rate 9%
$632,711
$632.7K
Market Conditions
NOI Build-Up for 3,326 SF
Gross rent
$85.8K $25.80/SF
− Vacancy
−$4.5K −$1.34/SF
EGI
$81.3K $24.46/SF
− OpEx
−$24.4K −$7.34/SF
NOI
$56.9K $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 Rate 5%
$1,138,880
Cap Rate 7%
$813,486
Cap Rate 9%
$632,711
Alternative Uses
Best Use
Multifamily LT 5
$813.5K
$711.8K – $949.1K
NOI $56,944 @ 7.0% cap · market cap 4.56%
Second Best
Apartment 5plus
$753.7K
$659.5K – $879.4K
NOI $52,761 @ 7.0% cap · market cap 4.22%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,183
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer distinct layouts, private outdoor areas, garages, and convenient access to downtown Concord and BART.
Where is this duplex located?
The property is located at 2850 Concord Blvd Concord, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two separate residences: a 1‑bedroom, 1‑bath home and a 3‑bedroom, 3‑bath home; Home 1 measures 728 sq ft and includes a 1‑car garage, stone counters, walk‑in shower, and in‑home laundry; Home 2 measures 2,598 sq ft and includes a loft, private balcony, deck, fireplace, and 2‑car garage
