1040 Mohr C, Concord, California 94518, Concord, 94518 - 2 bed, 1 bath
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1040 Mohr C
Concord, California 94518
ACTIVE
CONDITION: POOR
2Beds
1Baths
870Sq Ft
486Lot Size
Property Price
LIST PRICE$249,000
EST. MARKET VALUE
$246,877
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $249,000—positioned well below the $246,877 Fair Market Value (priced at market). Featuring a Condition Rating of 5, this unit requires significant rehabilitation, offering a blank canvas for value-add improvements. The inclusion of an attached 2-car garage and community pool provides rare utility for this price point. While the local schools carry lower ratings, the property remains a viable Asset for Buy-and-Hold Investors or first-time buyers seeking an entry-level project.
Estimated Market Value
$246,877
Based on Realkey algorithm analyzing recent comparable sales in Concord.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1040 Mohr C Subject | $249,000* List Price | 2 | 1 | 870 | $284 | - |
A 1369 Del Rio Cir C Sold | $255,000 | 2 | 1 | 870 | $293 | 0.2 mi |
B 1060 Mohr Ln A Sold | $275,000 | 2 | 1 | 861 | $319 | 0.1 mi |
C 1494 Del Rio Cir D Active | $299,000 List Price | 2 | 1 | 854 | $350 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1969 (55+ years old) with no mention of recent renovations. The listing description uses industry keywords like 'potential to make it your own' and 'investment opportunity,' which typically indicate a need for significant rehabilitation. The price point is substantially below the median for Concord, suggesting the kitchen, bathroom, and systems are likely original or in a state of disrepair requiring a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Value
Priced at $249,000, this property offers a highly competitive entry point into the Concord market, sitting well below its 2005 sale price of $312,500.
- Rare Parking Utility
The attached 2-car garage is a standout feature for a condominium at this price point, providing significant convenience and storage rarely found in similar units.
- Community Amenities
Residents benefit from desirable community features including a pool and professional landscaping, which enhance the overall lifestyle and appeal of the complex.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $515 is relatively high compared to the mortgage payment, which may impact the overall affordability and debt-to-income ratio for buyers.
- Underperforming School District
The assigned public schools have low ratings (ranging from 2 to 4), which could deter families and potentially limit long-term capital appreciation.
About 1040 Mohr C
Welcome to this condominium offering 2 bedrooms, 1 bathroom, and approximately 870 square feet of living space. One of the standout features is the attached 2-car garage, providing convenient parking along with additional functionality rarely found at this price point. Residents can enjoy access to the community pool and other community amenities, adding to the convenience of condominium living. Whether you're looking for a primary residence or an investment opportunity, this property offers plenty of potential to make it your own.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1969
- Lot Size
- 486 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $515.0 / Month
Neighborhood Insights
Concord Unified Schools
Fair Oaks Elementary School
Grades K-5 • 0.3 mi
2/10
Ygnacio Valley Elementary School
Grades K-5 • 1.0 mi
2/10
Oak Grove Middle School
Grades 6-8 • 0.7 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.2 |
| Square foot | 870 | 885.735 |
| Lot Size | 486 | 753.4 |
| Price | $249.0K | $322.1K |
| Price per sq ft | $286 | $372 |
| Built year | 1969 | 1978 |
| HOA | $515.0 | $522 |
| Days on market | 13 | 57 |
Pricing History
Listed for Sale
Aug 27, 2026
$249,000
Initial Listing
Sold
Dec 16, 2005
$312,500
Public Record
Sold
Jun 18, 2004
$235,000
Public Record
Sold
Aug 17, 2001
$165,000
Public Record