2081 Olivera Rd E, Concord, California 94520, Concord, - bed, bath
ACTIVE$275,000
2081 Olivera Rd E, Concord, California 94520
2Beds
1Bath
884Sqft
1,428Lot
Year Built
1971
Close
-
List price
$275K
Original List price
$299K
Price/Sqft
-
HOA
$413
Days on market
-
Sold On
-
MLS number
41107780
Home ConditionFair
Features
Patio
View-
About this home
MOTIVATED SELLER! Well maintained single level unit featuring two spacious bedrooms, large living room, separate dining area, central HVAC, laminate flooring throughout (except bathroom). Includes two separate fenced in patios for relaxing, kids play, and more. The complex is highlighted by well maintained greenbelts, and a community pool. Conveniently located within close proximity to parks, schools, Highways 242 and 4 accesses, and the North Concord BART station. Cooperative tenant would like to stay. Recent same model closings at $372,500 2/7/25 and $335,000 3/25/25. Current pending at $330,000
Nearby schools
2/10
Sun Terrace Elementary School
Public,•K-5•0.7mi
2/10
El Dorado Middle School
Public,•6-8•3.2mi
3/10
Mt. Diablo High School
Public,•9-12•1.2mi
Price History
Date
Event
Price
09/26/25
Price Change
$275,000-1.4%
09/23/25
Price Change
$279,000
08/11/25
Listing
$299,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (31 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 1 | 1 | 50% |
| Square foot | 884 | 884 | 50% |
| Lot Size | 1,428 | 0 | 19% |
| Price | $275K | $288K | 50% |
| Price per square foot | $311 | $373.5 | 25% |
| Built year | 1971 | 9855986 | 63% |
| HOA | $413 | $470 | 34% |
| Days on market | 86 | 173 | 9% |
Condition Rating
Fair
Built in 1971, this property is well-maintained with laminate flooring and central HVAC, indicating some upkeep and updates. However, the kitchen features very dated white appliances, old-style light wood cabinets, laminate countertops, and fluorescent lighting. The bathroom is also basic and dated. While functional and clean, these key areas require significant cosmetic updates to meet modern standards, aligning with the 'Fair' condition criteria of being aged but maintained, with major components showing signs of being outdated.
Pros & Cons
Pros
Exceptional Value Proposition: The current list price of $275,000 is significantly below recent comparable sales (up to $372,500) and the property's estimated value ($295,514), offering a strong investment opportunity.
Strategic Location & Commuter Access: Conveniently located near parks, schools, major highways (242 & 4), and the North Concord BART station, enhancing accessibility for commuters and families.
Well-Maintained Unit with Modern Comforts: Described as a 'well maintained single level unit' featuring central HVAC and updated laminate flooring throughout, ensuring immediate move-in readiness.
Private Outdoor Living Spaces: Includes two separate fenced-in patios, providing valuable private outdoor areas for relaxation or recreation.
Desirable Community Amenities: The complex offers well-maintained greenbelts and a community pool, adding to the lifestyle appeal and value.
Cons
High Monthly Association Fees: The $413.00 monthly HOA fee is substantial for a 2-bedroom, 1-bath unit, potentially impacting affordability and long-term ownership costs.
Tenant Occupancy: The presence of a cooperative tenant who wishes to stay may limit the buyer pool, particularly for owner-occupants, and introduces landlord responsibilities for investors.
History of Price Reductions & Seller Motivation: Multiple price drops from the original list price and the 'MOTIVATED SELLER!' status suggest challenges in attracting buyers or initial overpricing, which could be perceived negatively.