Sierra

INVESTMENT HIGHLIGHTS

• 2011 Sierra Rd. E-H is a pride-of-ownership townhome-style fourplex featuring a highly desirable unit mix of spacious 3-bedroom and 2-bedroom apartments. The property offers numerous tenant-friendly amenities including central air conditioning, covered carport parking, onsite laundry facilities, private storage areas, and oversized private patio yards for each unit. In addition to its strong physical condition and attractive amenities, 2011 Sierra Rd. E-H presents a compelling value-add opportunity. Current rents are estimated to be less than 15% below market levels, providing investors with a clear path to increased cash flow through natural tenant turnover and strategic rent adjustments over the next three years, or sooner.
• The property's rental structure further enhances its income-growth potential. The three-bedroom units are currently operating on month-to-month tenancy agreements, offering immediate flexibility for future rent increases, while the two-bedroom units are secured with leases extending through May and June 2027, providing stable cash flow and occupancy. This combination of strong in-place income, desirable apartment features, and significant rental upside makes 2011 Sierra Rd. E-H an attractive investment opportunity for both seasoned and first-time multifamily investors.
• A Highly Marketable Rental Location The combination of quality schools, convenient shopping, diverse dining options, excellent healthcare services, and easy access to major employment centers makes the Sierra Road neighborhood one of Concord's most desirable rental locations. Its family-friendly setting and strong amenity base continue to attract quality tenants seeking an affordable East Bay lifestyle with convenient access to Walnut Creek, Pleasant Hill, and the greater Bay Area.
• Many New Updates.....Re-surfaced Comp Roof in 2026, Water Heater Re-Plummed w/Lifetime Warranty, Updated Interiors, new electrical panels, new appliances in many units, resurface parking area in 2022.

LOCATION HIGHLIGHTS

• Exceptional Concord Location with Strong Lifestyle Appeal Located in the established Clayton Valley neighborhood of Concord, 2011 Sierra Road offers residents an attractive combination of suburban comfort, convenient commuting, and proximity to many of the area's most desirable daily amenities. The property benefits from its location near Clayton Road, providing quick access to shopping, dining, schools, parks, and healthcare services throughout Central Contra Costa County.
• Quality Schools Nearby The property is located within the highly regarded Mt. Diablo Unified School District, one of the largest school districts in Contra Costa County. Nearby schools include Concord High School, El Dorado Middle School, and several elementary school options serving the surrounding neighborhood. The area's access to established public schools makes it attractive to families seeking long-term housing.
• Dining, Shopping & Entertainment Residents enjoy easy access to a wide variety of neighborhood restaurants and shopping destinations along the Clayton Road corridor and throughout Concord. Popular local dining options include family-owned favorites such as Min's Kitchen, The Chinese Kitchen, Taqueria Los Arcos, and Taqueria Las Palmas, while larger regional dining destinations, retail shopping, and entertainment venues can be found just minutes away at The Veranda and the broader Concord commercial district. Concord's central location also provides convenient access to downtown Concord, farmers markets, community events, movie theaters, and numerous recreational opportunities throughout the area. The nearby city of Clayton offers additional dining, boutique shopping, and outdoor activities that further enhance the area's appeal.
• Recreation & Outdoor Amenities Residents are only minutes from numerous parks, walking trails, and recreational opportunities. The nearby foothills and open spaces surrounding Concord and Clayton provide access to hiking, biking, and outdoor recreation, while local neighborhood parks offer additional amenities for families and active lifestyles.