2054 Bonifacio, Concord, California 94520, Concord, 94520 - 4 bed, 2 bath

ACTIVE$599,000$2,054/sqft
Est. Value: $652,885
8%
BelowEstimate
2054 Bonifacio, Concord, California 94520
4Beds
2Baths
2,054Sqft
6,229Lot
Price Vs. Estimate
The estimated value ($652,884.765) is $53,884.765 (8%) higher than the list price ($599,000). This property may be underpriced.
Key pros and cons
Top Pros:
Multi-Unit Configuration: This property features two separate homes on one lot with distinct addresses and a single APN, presenting a rare multi-unit investment opportunity.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2054, other record living area = 873. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Compared to the nearby listings
Price:$599.0K vs avg $645.0K ($-46,000)21%
Size:2,054 sqft vs avg 1,244 sqft94%
Price/sqft:$292 vs avg $5182%
More Insights
Built in 1940 (86 years old).
Condition: This property is explicitly described as a 'fixer-upper' requiring 'extensive renovation,' which is strongly supported by the images. Both kitchens and bathrooms are either completely gutted or in a state of extreme disrepair, lacking functional components like cabinets, countertops, and fixtures. Flooring throughout both units is severely damaged, with exposed subfloor or heavily worn hardwood. The property, built in 1940, shows significant deferred maintenance and requires substantial repairs and rehabilitation to all major systems and aesthetics, making it uncomfortable and potentially unsafe to live in its current state.
Year Built
1940
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$292
HOA
-
Days on market
-
Sold On
-
MLS number
41120494
Home ConditionPoor
Features
View-
About this home
Rare multi-unit investment opportunity in Concord! Property features two separate homes on one lot, with two addresses and one APN: 2054 Bonifacio St. & 2189 Mt. Diablo St. Both residences are fixer-uppers, offering excellent value-add and income potential for investors, contractors, or owner-users. Conveniently located near Downtown Concord, with close proximity to schools, churches, shopping, dining, nightlife, and commuter access. Ideal for renovation, redevelopment, or long-term investment. A unique opportunity to own a multi-residence property in a prime location.
I
Ines Panic
Listing Agent
Price History
Date
Event
Price
12/18/25
Sold
$605,000
Condition Rating
Poor
This property is explicitly described as a 'fixer-upper' requiring 'extensive renovation,' which is strongly supported by the images. Both kitchens and bathrooms are either completely gutted or in a state of extreme disrepair, lacking functional components like cabinets, countertops, and fixtures. Flooring throughout both units is severely damaged, with exposed subfloor or heavily worn hardwood. The property, built in 1940, shows significant deferred maintenance and requires substantial repairs and rehabilitation to all major systems and aesthetics, making it uncomfortable and potentially unsafe to live in its current state.
Pros & Cons
Pros
Multi-Unit Configuration: This property features two separate homes on one lot with distinct addresses and a single APN, presenting a rare multi-unit investment opportunity.
Significant Value-Add Potential: Described as 'fixer-uppers,' both residences offer excellent potential for investors, contractors, or owner-users to add substantial value through renovation or redevelopment.
Prime Downtown Concord Location: Strategically located near Downtown Concord, providing convenient access to schools, shopping, dining, nightlife, and essential commuter routes.
Strong Income Generation Potential: The multi-unit setup inherently offers robust income potential, ideal for rental income or owner-occupancy with supplementary rental revenue.
Versatile Investment Strategy: The property is suitable for various investment approaches, including renovation, redevelopment, or long-term hold, appealing to a broad range of buyers.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2054, other record living area = 873. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Recently Sold Property: The property was recently sold within the past year on 2025-12-18. The sold price is $605,000.00.
Extensive Renovation Required: Both residences are explicitly described as 'fixer-uppers,' indicating a need for significant renovation and substantial capital investment to bring them to market standards.
Older Property Age: Built in 1940, the property is likely to require updates to its systems, infrastructure, and aesthetics to meet modern building codes and buyer preferences.
Upfront Capital for Improvements: The 'fixer-upper' condition necessitates a considerable upfront financial commitment for repairs, upgrades, and potential redevelopment, which may deter some buyers.



























































