2479 Pacheco, Concord, California 94520, Concord, 94520 - 0 bed, 0 bath
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Concord, California 94520
This Multi-Income Residential Asset is a High-Potential Investment Opportunity, listed at $779,000—positioned well below the $787,234 Fair Market Value by 1%. This valuation gap offers $8,234 in Instant Equity. Featuring a Turnkey Condition Rating and Community Office (CO) Zoning, the property includes shovel-ready plans for a 750 sq ft ADU. This rare combination of immediate occupancy and development flexibility makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property in a high-demand Concord location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2479 Pacheco Subject | $779,000* List Price | 0 | 0 | 1,541 | $511 | - |
A 2142 2142 Grant St Sold | $775,000 | 3 | 2 | 1,471 | $527 | 0.2 mi |
B 1737 Ravenwood Dr Sold | $740,000 | 3 | 2 | 1,176 | $629 | 1.0 mi |
C 2917 2917 Knoll Dr Sold | $740,000 | 3 | 2 | 1,287 | $575 | 0.9 mi |
D 2801 Richard Ave Active | $698,000 List Price | 4 | 2 | 1,494 | $467 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1926 build date, the property has undergone a full high-end renovation within the last 5 years. The interior is turnkey with a modern kitchen featuring stainless steel appliances, updated flooring, recessed lighting, and new windows. Systems appear updated with visible HVAC vents and modern electrical fixtures.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1541.
The property includes approved plans for a 750 sq ft, 2-bed, 2-bath ADU with separate water meters, allowing for immediate value-add and dual-income potential without the typical city permitting delays.
Rare Community Office (CO) zoning on a flat 7,500 sq ft lot provides unique flexibility for residential, commercial, or mixed-use development, appealing to a wide range of investors and business owners.
Although the ADU plans are shovel-ready, the buyer will need to secure significant additional financing and manage the construction process to fully realize the property's income potential.
Built in 1926, the property may possess aging underlying systems or structural components inherent to older homes that could require more intensive maintenance compared to modern constructions.
Value-Add Masterpiece in Concord | Turnkey Home + Shovel-Ready ADU Plans Maximize your portfolio with this unique, multi-income potential property in a prime, walkable Concord location. The main residence is a beautifully updated, 1,541 sq ft turnkey home featuring 3 bedrooms, 2 bathrooms, a spacious primary suite (with a huge walk-in closet), and a dedicated laundry room. The Real Value-Add: Approved ADU: Save months of city headaches with approved, shovel-ready plans for a 750 sq ft, 2-bed, 2-bath ADU (featuring separate water meters). Perfect for rental income or a legal duplex setup. CO (Community Office) Zoning: Situated on a rare, flat 7,500 sq ft lot, the flexible zoning allows for residential, commercial, or mixed-use development. Location Premium: High-demand area just minutes from Todos Santos Plaza, shops, and dining, ensuring low vacancy rates and strong long-term appreciation. Live in one and rent the other, build out a commercial space, or lease the entire property for multiple revenue streams. A rare find with maximum versatility!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 2% |
| Baths | 0.0 | 2.0 | 2% |
| Square foot | 1,541 | 1,248 | 80% |
| Lot Size | 7,500 | 6,600 | 63% |
| Price | $779.0K | $631.6K | 86% |
| Price per sq ft | $506 | $524 | 41% |
| Built year | 1926 | 1953 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 122 | 2% |
May 21, 2026
$779,000
Initial Listing
May 25, 2023
$430,000
Public Record