
Concord, California 94521
This 2-bedroom condominium presents a High-Potential Investment Opportunity with a List Price of $339,900—positioned well below the $308,397 Fair Market Value by -10%. While the property carries a Condition Rating of 5, the unit offers a private balcony with views and proximity to Silverwood Elementary and Concord High. Given the "As-Is" status and required updates, this asset is best suited for Buy-and-Hold Investors or first-time buyers capable of managing a value-add renovation to modernize the interior.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1455 Latour Ln 28 Subject | $339,900* List Price | 2 | 1 | 904 | $342 | - |
A 5035 Valley Crest Dr 169 Sold | $362,000 | 2 | 2 | 1,080 | $335 | 0.6 mi |
B 5020 Valley Crest Dr 110 Sold | $345,000 | 2 | 2 | 1,100 | $314 | 0.6 mi |
C 5060 5060 Valley Crest Dr 56 Sold | $420,000 | 3 | 3 | 1,247 | $337 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (40+ years old) with no evidence of recent renovations. The property is being sold 'As Is' under a Freddie Mac initiative, typically indicating a foreclosure requiring significant rehab. Images show dated, worn carpeting and weathered exterior wood, suggesting that the kitchen, bathroom, and major systems likely require full updates to meet modern standards.
Priced at $339,900, this 2-bedroom condo offers a rare and highly accessible entry point into the Bay Area real estate market for first-time buyers or investors.
The inclusion of a private balcony with views provides a desirable outdoor retreat and enhances the overall living experience and perceived value of the unit.
The property is served by well-rated educational institutions, including Silverwood Elementary and Concord High, which supports long-term property value and appeal to families.
The $546 monthly HOA fee is relatively high for a 1-bathroom unit, which may impact a buyer's monthly debt-to-income ratio and overall affordability.
The property is sold in 'As-Is' condition under the Freddie Mac First Look Initiative, suggesting potential deferred maintenance or the need for immediate capital improvements.
This home features two bedrooms , one bath condo, separate dining area and a private balcony with views. “This property is eligible under the Freddie Mac First Look Initiative through 07/24/2026. Property sold "As Is".
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 2.0 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 1.5 |
| Square foot | 904 | 903 |
| Lot Size | - | - |
| Price | $339.9K | $342.4K |
| Price per sq ft | $376 | $378 |
| Built year | 1981 | 1981 |
| HOA | $546.0 | $520 |
| Days on market | 34 | 49 |
Jun 18, 2026
$339,900
Initial Listing
May 5, 2020
$350,000
Public Record
Dec 20, 2019
$282,500
Public Record
Sep 8, 2008
$180,000
Public Record
Jun 8, 2006
$362,000
Public Record