2834 Royal Ann Ln., Concord, California 94518, Concord, 94518 - 2 bed, 3 bath
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Concord, California 94518
This townhouse presents a High-Potential Investment Opportunity with a List Price of $550,000—positioned above the $497,424 Fair Market Value by 10%. While the property requires capital for aesthetic improvements, its Fair Condition Rating and functional 2.5-bathroom layout offer a clear path to value-add renovation. Located in the Cherrywood neighborhood near major commuter routes and the Mount Diablo school district, this asset provides a strategic foundation for Buy-and-Hold Investors or first-time buyers seeking to build equity through targeted cosmetic upgrades.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2834 Royal Ann Ln. Subject | $550,000* List Price | 2 | 3 | 1,178 | $422 | - |
A 2840 Royal Ann Ln Sold | $502,500 | 3 | 3 | 1,364 | $368 | 0.0 mi |
B 835 Royal Ann Lane Sold | $610,000 | 3 | 2 | 1,339 | $456 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973 (51 years old) and explicitly described as a 'cosmetic fixer-upper' and 'diamond in the rough.' The property is dated and requires aesthetic updates to the kitchen and bathrooms, along with minor repairs, though it remains livable and functional.
Situated in the desirable Cherrywood neighborhood, the property offers excellent proximity to BART, major freeways, and prestigious schools like De La Salle and Carondelet.
As a cosmetic fixer-upper, this 'diamond in the rough' provides a significant opportunity for investors or homeowners to build equity through personalized renovations.
The floor plan features a rare 2.5-bathroom configuration, in-unit laundry, and a private fenced yard, offering the convenience of a single-family home in a townhouse setting.
The property is in need of cosmetic updates and repairs, which will require an immediate additional investment of time and capital from the buyer.
The $600 monthly association fee is relatively high and may impact the overall affordability and debt-to-income ratio for prospective buyers.
Opportunity Knocks in Cherrywood. Discover the potential of this charming two-bedroom, 2.5-bathroom townhome, ideally situated in the highly desirable Cherrywood neighborhood. Perfect for buyers looking to customize and add their personal touch, this cosmetic fixer-upper offers a premier location just moments from De La Salle and Carondelet High Schools. The thoughtfully designed layout features a cozy fireplace, convenient in-unit laundry, and abundant storage throughout. Outside, enjoy a private, fenced yard and the added convenience of a detached garage. Close to shopping, freeway and BART access. Bring your design ideas and turn this diamond in the rough into your dream home!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,178 | 1,157 |
| Lot Size | 874 | 1,378 |
| Price | $550.0K | $516.7K |
| Price per sq ft | $467 | $396 |
| Built year | 1973 | 1972 |
| HOA | $600.0 | $462 |
| Days on market | 2 | 38 |
Jul 20, 2026
$550,000
Initial Listing