2089 Olivera Rd B, Concord, California 94520, Concord, 94520 - 2 bed, 2 bath
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2089 Olivera Rd B
Concord, California 94520
ACTIVE
CONDITION: FAIR
2Beds
2Baths
975Sq Ft
756Lot Size
Property Price
LIST PRICE$349,000
EST. MARKET VALUE
$334,808
4% AboveMARKET VALUE
SUMMARY
This townhouse presents a High-Potential Investment Opportunity with a List Price of $349,000—positioned well above the $334,808 Fair Market Value by -4%. While the property requires modernization given its Condition Rating of 4, its strategic proximity to the BART station and major freeways ensures strong rental demand. The functional layout, including a large master suite, provides a solid foundation for value-add renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level property with significant long-term upside.
Estimated Market Value
$334,808
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 |
|---|---|---|---|---|---|---|
★ 2089 Olivera Rd B Subject | $349,000* List Price | 2 | 2 | 975 | $343 | - |
A 2069 2069 Olivera Rd E Sold | $320,000 | 2 | 2 | 975 | $328 | 0.1 mi |
B 3715 Northwood Dr G Sold | $435,000 | 3 | 2 | 1,240 | $351 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1971 (53 years old) with no mentioned renovations, placing it in the dated category. While the property's age technically exceeds the 50-year threshold, its eligibility for FHA/VA financing indicates it is habitable and functional rather than a tear-down. The exterior shows visible wear and dated utility configurations, suggesting the interior and systems likely require updates.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
The property is ideally situated within minutes of the BART station, major freeways, and shopping centers, offering exceptional convenience for commuters.
- Financing Versatility
Eligibility for both VA and FHA loans makes this townhouse highly accessible for first-time homebuyers and veterans with low down payment options.
- Functional Layout
The floor plan features a large master suite with ample closet space and a convenient downstairs half-bath, maximizing the utility of the 975 square foot space.
CONSRISKS & DEFICIENCIES
- Underperforming Schools
The local public schools carry low ratings (2-3 out of 10), which may impact long-term resale value and appeal to families with school-aged children.
- Aging Infrastructure
Built in 1971, the property may require updates to major systems or cosmetic modernization to compete with newer residential developments in the area.
About 2089 Olivera Rd B
Perfect location, this townhouse as a great floor plan. Large living room and good sized kitchen with an area for formal dinning. Half bathroom downstairs, then you have a large master suite with plenty of closet space and a second large room with a good sized bathroom. Minutes from freeway, schools, shopping center, bart station and walking distance to park. This unit can be purchased using VA or FHA loan. Tremendous oppurtyunity to own this townhouse either to live in or a perfect long term investment.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1971
- Lot Size
- 756 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $385.0 / Month
Neighborhood Insights
Concord Unified Schools
Sun Terrace Elementary School
Grades K-5 • 0.7 mi
2/10
El Dorado Middle School
Grades 6-8 • 3.2 mi
2/10
Mt. Diablo High School
Grades 9-12 • 1.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.8 |
| Baths | 2.0 | 2.3 |
| Square foot | 975 | 1,272.727 |
| Lot Size | 756 | 1,390.182 |
| Price | $349.0K | $509.3K |
| Price per sq ft | $358 | $402 |
| Built year | 1971 | 1971 |
| HOA | $385.0 | $540 |
| Days on market | 5 | 45 |
Pricing History
Listed for Sale
Sep 4, 2026
$349,000
Initial Listing
Sold
Mar 17, 2000
$93,500
Public Record