5 Lancaster Cir 121, Bay Point, California 94565, Bay Point, 94565 - 1 bed, 1 bath
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Bay Point, California 94565
Analysis of 5 Lancaster Cir 121, Bay Point, California 94565 is currently available with a list price of $170,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Bay Point Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1989 (35 years old) with no significant renovations noted. The property is dated with original-style white cabinetry and appliances, and the listing explicitly mentions the need for cosmetic updating and a 'blank canvas' approach, though it remains functional and move-in ready.
Priced at $170,000, this property represents a rare entry-level opportunity for homeownership or investment within the Bay Area, offering significant value-add potential.
The condo's proximity to Highway 4 and the Bay Point/Pittsburg Amtrak Station ensures straightforward access to major employment hubs like Concord and Walnut Creek.
The inclusion of dedicated in-unit laundry facilities provides a major convenience and competitive edge over other small-footprint condos in this price bracket.
The $640 monthly association fee is notably high relative to the purchase price, which may impact a buyer's monthly budget and overall investment yield.
The unit is being sold in a condition that requires cosmetic updating, necessitating additional upfront capital and effort from the buyer to make it move-in ready.
Looking for an affordable entry point into homeownership or a smart addition to your investment portfolio? This 621 sqft, 1-bedroom, 1-bathroom condo in Bay Point offers a blank canvas ready for your personal touch. With some cosmetic updating, this unit has the potential to shine. The functional floor plan makes efficient use of the space, and in-unit laundry adds everyday convenience that's tough to find at this price point. This makes it an accessible option for first-time buyers, downsizers, or investors looking to add value. Located with convenient access to Highway 4 and the Bay Point/Pittsburg Amtrak Station, commuting to Concord, Walnut Creek, or the greater Bay Area is straightforward. This is a value-add opportunity, bring your vision and make it your own! Priced to reflect the condition and updating needed.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 5.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 621 | 884 |
| Lot Size | 621 | - |
| Price | $170.0K | $284.5K |
| Price per sq ft | $274 | $293 |
| Built year | 1989 | 1989 |
| HOA | $640.0 | $640 |
| Days on market | 9 | 42 |
Jul 13, 2026
$170,000
Initial Listing
Apr 30, 2004
$155,000
Public Record
Feb 8, 1999
$36,500
Public Record