5248 Concord, Concord, California 94521, Concord, 94521 - 3 bed, 3 bath
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Concord, California 94521
This property represents a High-Potential Investment Opportunity with a List Price of $799,999—positioned well below the $912,135 Fair Market Value by 12%. This valuation gap offers $112,136 in Instant Equity for buyers prepared to manage cosmetic renovations and unpermitted additions. Despite a Condition Rating of 4, the asset features high-value infrastructure including Owned Solar, a new roof, and a 200-amp panel. The oversized 0.39-acre lot with Mountain Views provides significant scale for repositioning. This is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5248 Concord Subject | $799,999* List Price | 3 | 3 | 2,236 | $408 | - |
A 1798 Mariposa Ct Sold | $870,000 | 4 | 3 | 2,032 | $428 | 0.2 mi |
B 1531 Eclipse Way Active | $849,000 List Price | 4 | 3 | 2,292 | $370 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the 1958 property is marketed as an 'as-is' investor opportunity, it has received significant high-value infrastructure upgrades including a full roof replacement, a 200-amp electrical panel, and an owned solar system. Interior photos reveal some modern updates to the flooring and bathroom vanities, though the kitchen remains dated and the overall property requires cosmetic renovation and resolution of unpermitted additions.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16988, living area = 2236.
The oversized 0.39-acre lot is one of the largest residential parcels in the area, featuring side-gate access and significant potential for an ADU, pool, or extensive outdoor entertaining space.
The property boasts several high-cost capital improvements already completed, including an owned solar PV system, a full roof replacement, and an upgraded 200-Amp electrical service panel.
The property contains additional rooms and living areas that are not reflected in county tax records, which may present challenges for traditional financing or future permitting requirements.
Marketed as an investor opportunity in as-is condition, the home requires significant cosmetic renovation and repositioning to address modifications made over the years.
Investor opportunity in Concord on an oversized 0.39-acre lot (16,988 SF) with strong upside potential. This 3 bedroom, 3 bathroom residence offers a 2,236 SF two-story layout with attached 2-car garage, living room with brick fireplace, central heating and air conditioning, owned solar PV system, and composition shingle roof. The property contains additional rooms and living areas beyond county tax records resulting from modifications over the years. Major permitted improvements already in place include a full roof replacement, and electrical service panel upgrade to 200 Amps. Built in 1958 on one of the larger residential lots in the area, the property offers a generous backyard footprint with side-gate access. Well suited for buyers seeking flexibility, scale, and future upside through cosmetic renovation, repositioning, or long-term hold strategy. Property sold in its present, AS-IS condition
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 2,236 | 1,633 | 85% |
| Lot Size | 16,988 | 7,600 | 94% |
| Price | $800.0K | $850.0K | 34% |
| Price per sq ft | $358 | $516 | 2% |
| Built year | 1958 | 1968 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 160 | 1% |
Mar 31, 2026
$799,999
Initial Listing
Oct 20, 1998
$238,000
Public Record