
Concord, California 94520
This Multi-Unit Residential Asset is a Strong Value Opportunity, listed at $948,000—positioned well below the $1,005,346 Fair Market Value by 5%. This valuation gap offers $57,346 in Instant Equity. Featuring a Condition Rating of 3, the property offers turnkey, renovated interiors with three separate units, making it ideal for Buy-and-Hold Investors or Owner-Occupants seeking house-hacking potential. With scenic mountain views and flexible living configurations, this property provides significant income-generating versatility in a prime Contra Costa location.
Property is move-in ready.
Originally built in 1951, this property has undergone significant renovations to function as a triplex. The kitchens are updated with modern shaker-style cabinetry, stone countertops, and stainless steel appliances. The interior features well-maintained hardwood flooring and the addition of modern mini-split HVAC systems. While some utility areas and the exterior show signs of the home's age, the primary living spaces are move-in ready and reflect a renovation likely within the 5-15 year range.
The unique configuration into three separate living units—each with its own private entrance, kitchen, and fireplace—offers rare versatility for high-yield rental income or multigenerational living.
The property features extensive updates including hardwood flooring throughout and three well-maintained kitchens, providing a move-in-ready experience that minimizes immediate capital expenditure.
At nearly 2,800 square feet with scenic mountain and tree views, this residence offers significantly more interior space and aesthetic appeal than the average single-family home in the area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The assigned public schools carry low ratings (ranging from 2 to 3), which may limit the property's appeal to families prioritizing high-performance academic environments.
With six bedrooms but only three bathrooms shared across three units, the ratio is lean, potentially creating functional challenges for larger households or high-occupancy rentals.
Beautifully renovated two-story property offering exceptional flexibility for multigenerational living, owner occupancy, or investment opportunities. Configured for practical use as three separate living spaces, each with its own private entrance, the home features a 3-bedroom/1-bath unit, a 2-bedroom/1-bath unit, and a 1-bedroom/1-bath unit — ideal for extended families or generating substantial rental income while living on-site. This spacious residence includes a large and private upstairs primary suite, separate living and family rooms, and fireplaces. Beautiful flooring runs throughout the interior, adding warmth and character to the home. Enjoy low maintenance backyard space and a prime location with convenient access to schools, parks, shopping centers, and dining. Rarely does a property offer this level of versatility, comfort, and income potential in the heart of Contra Costa County. Don’t miss this unique opportunity to own a functional multi-unit-style home designed for both comfortable living and strong rental returns.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 2.3 mi
Grades 6-8 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 2,779 | 1,187 | 98% |
| Lot Size | 8,236 | 6,600 | 75% |
| Price | $948.0K | $630.0K | 96% |
| Price per sq ft | $341 | $525 | 10% |
| Built year | 1951 | 1953 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 131 | 2% |
May 15, 2026
$948,000
Initial Listing
Apr 30, 2025
$1,100,000
Public Record
May 15, 2013
$365,000
Public Record
Aug 4, 2009
$285,000
Public Record
Sep 8, 2000
$177,000
Public Record