1036 Oak Grove Rd 86, Concord, California 94518, Concord, 94518 - 1 bed, 1 bath
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Concord, California 94518
This property presents a High-Potential Investment Opportunity with a List Price of $230,000—positioned well below the $225,024 Fair Market Value by -2%. Given the Condition Rating of 5, the unit requires a full interior rehab to address dated systems and finishes. While the high HOA fee and lower-rated local schools present challenges, the community pool and proximity to commuter routes offer solid rental appeal. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1036 Oak Grove Rd 86 Subject | $230,000* List Price | 1 | 1 | 671 | $335 | - |
A 1036 Oak Grove Rd 81 Active | $235,000 List Price | 1 | 1 | 671 | $350 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1971 (53 years old) and the listing lacks any mention of recent renovations to the kitchen, bathroom, or major systems. Given the age exceeds 30 years without documented updates and the significant price reduction compared to the 2023 sale price, the unit likely requires a full rehab to address dated interiors and potential system obsolescence.
Priced at $230,000, this condo represents a highly accessible entry point into the Bay Area market, offering significant value for first-time homeowners or investors seeking a low-cost acquisition.
The property is ideally situated near major shopping, dining, and parks, with excellent proximity to commuter routes, ensuring convenience for daily errands and regional travel.
Residents enjoy a low-maintenance lifestyle with access to a community pool, providing a desirable recreational feature that enhances the property's rental appeal and quality of life.
The monthly association fee of $492 is relatively high compared to the unit's square footage and list price, which may affect the overall monthly carrying costs for budget-sensitive buyers.
The assigned public schools carry low ratings (ranging from 2 to 4), which could be a deterrent for families and may impact the property's long-term appreciation potential.
Welcome to 1036 Oak Grove Rd Unit 86. This charming 1-bedroom, 1-bath condo offers 671 sq ft of comfortable living space with a functional layout and low-maintenance lifestyle. Enjoy access to the community pool and a convenient location near shopping, dining, parks, and commuter routes. A fantastic opportunity for first-time buyers, or investors.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 671 | 903 |
| Lot Size | 671 | - |
| Price | $230.0K | $342.4K |
| Price per sq ft | $343 | $378 |
| Built year | 1971 | 1981 |
| HOA | $492.0 | $520 |
| Days on market | 27 | 49 |
Jun 25, 2026
$230,000
Initial Listing
Nov 28, 2023
$345,000
Public Record
Mar 2, 2005
$218,000
Public Record
Sep 29, 2004
$193,000
Public Record
Sep 3, 2002
$155,000
Public Record
Aug 10, 1995
$50,000
Public Record