2342 Gehringer Dr, Concord, California 94520, Concord, 94520 - 3 bed, 2 bath
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Concord, California 94520
This Renovated Single Family Residence is a Prime Investment Opportunity, listed at $698,000—positioned well below the $714,347 Fair Market Value by 2%. This valuation gap offers $16,347 in Instant Equity. Featuring a Mint Condition Rating with a modern kitchen and updated systems, the property includes a Versatile Corner Lot with RV/boat parking. While school ratings are modest, the commuter-friendly location near BART provides strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2342 Gehringer Dr Subject | $698,000* List Price | 3 | 2 | 1,226 | $583 | - |
A 3013 3013 Justin Way Sold | $725,000 | 4 | 2 | 1,172 | $619 | 0.1 mi |
B 2725 Argyll Ave Sold | $645,000 | 3 | 1 | 1,089 | $592 | 0.7 mi |
C 2394 Saint George Dr Sold | $785,000 | 3 | 2 | 1,319 | $595 | 0.9 mi |
D 3706 Edmonton Way Sold | $725,000 | 3 | 2 | 1,358 | $534 | 0.8 mi |
E 2917 2917 Knoll Dr Sold | $740,000 | 3 | 2 | 1,287 | $575 | 0.3 mi |
F 1838 1838 Overhill Rd Sold | $603,900 | 3 | 1 | 1,080 | $559 | 0.8 mi |
G 2719 Grant St Sold | $610,000 | 3 | 1 | 1,053 | $579 | 0.6 mi |
H 3573 Falcon Drive Active | $770,000 List Price | 3 | 2 | 1,238 | $622 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone a comprehensive recent renovation within the last 5 years. The kitchen is fully updated with modern shaker cabinetry, stone countertops, and a contemporary backsplash. Bathrooms feature modern vanities and updated tile work. The presence of a wall-mounted mini-split HVAC system and updated vinyl windows indicates modernized systems, making the home move-in ready in mint condition.
The generous corner lot features a wraparound yard and expansive side yard, providing rare flexibility for RV, boat, or multi-vehicle parking.
A freshly updated kitchen combined with high ceilings and abundant natural light creates a bright, modern, and welcoming interior atmosphere.
Ideally situated near BART, major freeway access, and local shopping, this property offers excellent connectivity for Bay Area professionals.
The assigned elementary, middle, and high schools currently hold low ratings (2-3/10), which may be a concern for families prioritizing public education.
Built in 1954, the property may require more frequent maintenance or infrastructure updates compared to newer residential developments.
Welcome to 2342 Gehringer Drive, a charming three bedroom, two bathroom home offering 1,226 square feet of comfortable living space on a generous corner lot. The thoughtful layout features a spacious living room with high ceilings and abundant natural light, creating a bright and welcoming atmosphere. The freshly updated kitchen brings a clean, inviting feel to the heart of the home. Outside, the wraparound front yard and expansive side yard offer incredible flexibility, with plenty of room for additional parking, an RV, a boat, or multiple vehicles. Conveniently located near shopping, BART, freeway access, restaurants and everyday amenities, this home offers comfort, functionality, and opportunity in a well connected Concord location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,226 | 1,795 |
| Lot Size | 6,210 | 8,000 |
| Price | $698.0K | $837.3K |
| Price per sq ft | $569 | $533 |
| Built year | 1954 | 1967 |
| HOA | $0 | $156 |
| Days on market | 32 | 34 |
Jun 20, 2026
$698,000
Initial Listing
Apr 9, 2021
$653,000
Public Record
Aug 23, 2017
$439,000
Public Record
Sep 2, 2009
$220,000
Public Record
Aug 12, 2005
$549,000
Public Record
May 12, 2005
$440,000
Public Record