5 Lancaster Cir 121, Bay Point, California 94565, Bay Point, 94565 - 1 bed, 1 bath
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5 Lancaster Cir 121
Bay Point, California 94565
ACTIVE
CONDITION: FAIR
1Beds
1Baths
621Sq Ft
621Lot Size
Property Price
LIST PRICE$170,000
SUMMARY
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
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.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
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.
- Commuter-Friendly Location
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.
- In-Unit Laundry
The inclusion of dedicated in-unit laundry facilities provides a major convenience and competitive edge over other small-footprint condos in this price bracket.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
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.
- Immediate Renovation Required
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.
About 5 Lancaster Cir 121
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 621 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $640.0 / Month
Neighborhood Insights
Bay Point Unified Schools
Bel Air Elementary School
Grades K-5 • 0.4 mi
3/10
Riverview Middle School
Grades 6-8 • 1.4 mi
3/10
Mt. Diablo High School
Grades 9-12 • 5.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 621 | 884 |
| Lot Size | 621 | - |
| Price | $170.0K | $270.0K |
| Price per sq ft | $274 | $305 |
| Built year | 1989 | 1989 |
| HOA | $640.0 | $640 |
| Days on market | 103 | 34 |
Pricing History
Listed for Sale
Jul 13, 2026
$170,000
Initial Listing
Sold
Apr 30, 2004
$155,000
Public Record
Sold
Feb 8, 1999
$36,500
Public Record