1151 Chadwick Cir, Bay Point, California 94565, Bay Point, 94565 - 2 bed, 2 bath
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Bay Point, California 94565
This property presents a High-Potential Investment Opportunity with a List Price of $240,000—positioned well below the $238,558 Fair Market Value (priced at market). While the home carries a Condition Rating of 5, its 2-bedroom, 2-bathroom layout and 1-car garage provide a functional foundation for value-add cosmetic updates. Despite the high HOA fees and lower-rated schools, the proximity to Highway 4 and the Amtrak station ensures strong rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking an entry-level Bay Area asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1151 Chadwick Cir Subject | $240,000* List Price | 2 | 2 | 888 | $269 | - |
A 6 Lancaster Cir 108 Sold | $270,000 | 2 | 2 | 884 | $305 | 0.1 mi |
B 1123 Chadwick Cir Sold | $299,000 | 3 | 2 | 1,065 | $281 | 0.0 mi |
C 7 Lancaster Cir 235 Active | $270,000 List Price | 2 | 1 | 806 | $335 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 39 years old (built 1985) and features an original kitchen with dated cabinetry and appliances. While the listing states it is livable, the age exceeds 30 years and the interior requires significant cosmetic rehab to be modernized, aligning with the provided criteria for poor condition.
Priced at $240,000, this property represents a rare entry-level opportunity in the Bay Area market, offering a move-in ready space with significant potential to build sweat equity through cosmetic updates.
The home provides excellent proximity to Highway 4 and the Bay Point/Pittsburg Amtrak Station, making it an ideal choice for professionals commuting to Concord, Walnut Creek, or the broader East Bay.
The inclusion of a private 1-car garage and in-unit laundry facilities provides a level of convenience and security that is often difficult to find at this price point in a condominium complex.
The association fee of $662 per month is relatively high compared to the purchase price, which may impact buyer affordability and reduce the net cash flow for potential rental investors.
The assigned elementary, middle, and high schools all carry a rating of 3/10, which may deter families and could limit the property's long-term appreciation compared to neighboring areas with higher-rated schools.
Welcome to 1151 Chadwick Cir, a 2-bedroom, 2-bathroom condo in Bay Point offering comfortable, livable space with room to add your own updates over time. Unlike a full fixer, this home is ready to move into now while you plan cosmetic improvements at your own pace. The 2-bedroom, 2-bathroom layout offers flexibility for owner-occupants, roommates, or as a rental investment, and everyday conveniences like in-unit laundry and a 1-car garage add real value that's not always easy to find at this price point. With convenient access to Highway 4 and the Bay Point/Pittsburg Amtrak Station, commuting to Concord, Walnut Creek, and the broader Bay Area is straightforward.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 5.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 888 | 884 |
| Lot Size | 1,170 | - |
| Price | $240.0K | $284.5K |
| Price per sq ft | $270 | $293 |
| Built year | 1985 | 1989 |
| HOA | $662.0 | $640 |
| Days on market | 9 | 42 |
Jul 13, 2026
$240,000
Initial Listing
Jun 16, 2006
$292,000
Public Record
Mar 22, 2001
$151,000
Public Record
Jan 26, 1999
$70,500
Public Record