1060 Oak Grove Rd 80, Concord, California 94518, Concord, 94518 - 2 bed, 1 bath
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1060 Oak Grove Rd 80
Concord, California 94518
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
910Sq Ft
0Lot Size
Property Price
LIST PRICE$249,000
EST. MARKET VALUE
$269,000
7% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at a List Price of $269,000—positioned well below the $311,586 Fair Market Value by 13%. This valuation gap provides $42,586 in Instant Equity. Featuring a Mint Condition Rating with recent luxury vinyl plank flooring and new appliances, the unit offers a serene wooded view from the private balcony. While school ratings are modest, the property’s affordability and American Dream Program eligibility make it an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Estimated Market Value
$269,000+$20,000 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1060 Oak Grove Rd 80 Subject 2 bd · 1 ba · 910 sqft · $296 | $249,000* List Price | 2 | 1 | 910 | $296 | - |
A 1459 Del Rio Cir C Sold 2 bd · 1 ba · 870 sqft · $287 · 0.7 mi | $250,000 | 2 | 1 | 870 | $287 | 0.7 mi |
B 2055 Sierra Rd 61 Sold 2 bd · 1 ba · 962 sqft · $320 · 0.1 mi | $307,500 | 2 | 1 | 962 | $320 | 0.1 mi |
C 1036 Oak Grove Rd 21 Sold 1 bd · 1 ba · 671 sqft · $301 · 0.2 mi | $202,000 | 1 | 1 | 671 | $301 | 0.2 mi |
D 1036 Oak Grove Rd 137 Sold 1 bd · 1 ba · 671 sqft · $354 · 0.1 mi | $237,500 | 1 | 1 | 671 | $354 | 0.1 mi |
E 2035 Sierra Rd 4 Pending 2 bd · 2 ba · 904 sqft · $331 · 0.0 mi | $299,000 List Price | 2 | 2 | 904 | $331 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1973, the property has undergone a recent renovation (less than 5 years) including new luxury vinyl plank flooring, new carpet, new appliances, updated lighting, and a new bathroom vanity. The interior is in mint, move-in ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability & Financing
Priced competitively under $300k and eligible for the American Dream Program with only 3% down and no price hits on rates, this property offers a rare, accessible entry point into the Bay Area market.
- Modern Interior Updates
The unit is move-in ready, featuring significant recent upgrades including new luxury vinyl plank flooring, new appliances, updated lighting, and a refreshed bathroom vanity.
- Desirable Unit Positioning
Located on the second floor with a private balcony that backs to mature trees, the condo provides a sense of privacy and a serene natural outlook often missing in high-density complexes.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned elementary and middle schools carry low ratings (2/10), which may be a concern for families and could impact future resale demand.
- High Monthly HOA Fees
The $433 monthly association fee adds a substantial recurring cost to the buyer's budget, which must be carefully considered alongside the mortgage payment.
About 1060 Oak Grove Rd 80
Beautifully updated 2 bedroom 1 bath condo. New Luxury Vinyl Plank floors and carpet in the bedrooms, new appliances, lighting and bathroom vanity. Located on the second floor with a balcony that backs to trees. AMERICAN DREAM PROGRAM 3% down payment Can be all Gift Funds No price hit on rate for Loan to Value, Condo or credit score No reserves of assets required Could possibly qualify for a closing cost credit Up to 45% debt to income ratio
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $433.0 / Month
Neighborhood Insights
Concord Unified Schools
Ygnacio Valley Elementary School
Grades K-5 • 0.5 mi
2/10
Oak Grove Middle School
Grades 6-8 • 1.0 mi
2/10
Ygnacio Valley High School
Grades 9-12 • 1.4 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.9 |
| Baths | 1.0 | 1.2 |
| Square foot | 910 | 866.37 |
| Lot Size | - | 709.188 |
| Price | $249.0K | $313.0K |
| Price per sq ft | $274 | $368 |
| Built year | 1973 | 1978 |
| HOA | $433.0 | $522 |
| Days on market | 22 | 62 |
Pricing History
Listed for Sale
Oct 18, 2026
$249,000
$269,000
-7% Price Drop
Initial Listing
Price Change
Oct 2, 2026
$269,000
Initial Listing
Sold
Apr 25, 1991
$72,500
Public Record