Concord · Investment Property

Investment Property in Concord

Rental numbers you can actually run yourself, for the markets we work.

Investment Property in Concord

Concord has two BART stations and the most inventory in central county, which makes it the practical answer when Walnut Creek prices out. For an investor that is not color commentary, it is the difference between a rent estimate that holds up and one that does not.

Concord has a downtown plaza with a farmers market, surrounded by the most affordable stock in central county. It is the entry point for central county, where more inventory means buyers have real choice.

Talk to us about Concord

Prefer to talk? Call (925) 325-4663 Book a call with Jaynlin See how we do it, step by step

How Concord actually prices

Post-war ranchers on flat lots price differently from the larger lots up in the hills, and the gap is wider than the map suggests.

This is one of the more active investor markets on this side of the county, driven by steady demand from people who work west.

What matters when you are buying an investment property

The number that matters is what it costs to hold. California property taxes reset on sale, which surprises out of state buyers more than anything else on the list. Then insurance, which has moved a great deal. Then vacancy and maintenance.

Look at both BART stations before deciding. The Pleasant Hill side and the downtown side are different commutes and different prices.

A deal that pencils on rent minus mortgage is not a deal, it is an incomplete spreadsheet. If the numbers do not work we will say so, because unlike a primary residence there is no emotional consolation prize.

The mistake to avoid in Concord

The one we see most often here is treating Concord as one market when the core and the hills behave nothing alike.

The rent estimate on a listing portal is a model, and the model has never seen the unit. It does not know about parking, or the neighboring building, or what comparable units in that specific pocket actually leased for last quarter.

Talk to us about Concord

The Mashore Group works across the Bay Area from an office at 44 Sycamore Ave in Brentwood. Krista Mashore has sold more than 2,300 homes here over more than two decades. Across the team there are 201 published reviews averaging 4.9 stars.

If you want to talk about buying an investment property in Concord call (925) 325-4663. A first conversation costs nothing and carries no pitch, and if the honest answer is that you should wait, we will say so.

We know which Concord streets compete with Walnut Creek and which do not, and that distinction is worth real money, and that is worth more in Concord than a general opinion about the county.

Frequently Asked Questions

Is Concord a good rental market?

Buyers priced out of Oakland and the inner East Bay, plus investors drawn by the entry pricing. Post-war ranchers on flat lots price differently from the larger lots up in the hills, and the gap is wider than the map suggests.

What do investors miss when calculating returns?

Property taxes resetting on sale, which catches out of state buyers constantly, and insurance costs, which have moved significantly. Add realistic vacancy and maintenance and plenty of deals stop working.

Can you help with a 1031 exchange?

Yes, and tell us at the very beginning. The deadlines are strict and unforgiving, so the whole search has to be built around them rather than fitted in later.

What goes wrong most often in Concord?

The most common mistake is treating Concord as one market when the core and the hills behave nothing alike. We know which Concord streets compete with Walnut Creek and which do not, and that distinction is worth real money.

Concord

What investment property looks like in Concord

Two BART stations and the most inventory in central county.

Concord is where a lot of buyers end up when Walnut Creek and Danville price them out, and it is not a consolation prize. Todos Santos Plaza anchors a downtown with real amenities, and two BART stations mean the commute works without a car.

The housing is mostly post-war ranchers on flat lots plus 1970s and 1980s tracts, with larger lots as you climb into the hills. Entry pricing here is the lowest of the central county cities.

The homes: Post-war flat-lot ranchers with mature trees and established streets, plus 1970s and 1980s suburban tracts. Single-story ranchers on smaller lots in the core; larger lots on the more elevated terrain in the hills. Named areas include Concord Hills, Pine Hollow, Dana Estates, Four Corners, El Monte, Ygnacio Valley, Sun Terrace and Holbrook Heights.
Why people choose it: Chosen for affordability without the distance, by buyers priced out of Oakland and the inner East Bay, and for a neighborhood feel with amenities walkable from home near Todos Santos Plaza.
Schools people ask about: Mt. Diablo Unified School District, plus charter and private options.
Getting around: Two BART stations, Concord downtown and Pleasant Hill/Contra Costa Centre to the south. Highway 242, Interstate 680 and Highway 4 intersect here. Roughly 30 to 40 minutes to Oakland by car; BART to San Francisco runs about 45 to 60 minutes.
Nearby: Lime Ridge Open Space, the Contra Costa Canal Regional Trail, and Mt. Diablo State Park about 20 to 25 minutes by car. Clayton is reached via the Ygnacio Valley corridor.
The trade-off: Lower entry prices and more inventory than Walnut Creek or Danville, trading some polish for purchasing power.

From the blog