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2023 1st Avenue

Walnut Creek CA 94597

5
5
2
2760 sq. ft.
11877 sq. ft.
Single-Family
Currently for sale - view listing

Overview

IMPROVED PRICE-$100K Price Drop! 3 NEW & UPDATED RESIDENCES-MULTI-GENERATIONAL COMPOUND WITH APPROVED LOT SPLIT & INCOME STREAM! Rarely does a property come along that offers this level of versatility, quality craftsmanship, and monetary upside all in one exceptional opportunity. Meticulously designed and thoughtfully improved, this extraordinary multi-residence property presents endless possibilities for multigenerational living, executive lifestyle flexibility, expansion and rental income (Owner has received $8K for mo-mo furnished rental on main 3/2 home & is currently getting $6K for the new 2/2 ADU & $2,750K for new executive studio w/full bath & kitchenette). Each residence comes with full kitchen, laundry & kitchenette (executive studio). The beautifully updated single-story main residence offers 3 bedrooms & 2 bathrooms with stylish finishes, newer appliances and an ideal open layout for everyday living & entertainment. Every detail has been carefully curated to create a warmth and sophistication. Complementing the main home is a NEW ~1,000 sq. ft. voluminous dwelling featuring 2 bedrooms, 2 bathrooms, soaring ceilings, exposed wood beams, hardwood flooring, new appliances w/laundry, & stunning natural light creating an open and elevated ambiance. The quality of construction and architectural detail truly set this residence apart. Currently generating $6K/mo. rent. Adding even more flexibility is the NEW GUEST OR EXECUTIVE SUITE complete with kitchenette and full bathroom — ideal for guests, home office, creative studio, fitness space, or additional income-currently owner is collecting $2,750/mo.rent for this studio. Situated on a FLAT, END OF CUL-DE-SAC location, in one of the area’s most desirable locations of Larkey Estates, this remarkable property is just steps from a private swim club, the beautiful Larkey Park and the beloved Lindsay Wildlife. Minutes to BART, Highway 680, our vibrant downtown amenities, premier shopping, dining, and entertainment, living here makes life so enjoyable, easy & even profitable! (few photos digitally enhanced-for example removal of some PG&E paint markings on street)

Features

5 bedrooms
5 bathrooms
2 carspaces
2 garage spaces
2760 sq. ft. floor area
11877 sq. ft. lot size
Single-Family

Property history for 2023 1st Avenue

2024
Sold
$1,450,000
30 Sep 2024 by John Fondnazio, of eXp Realty, LLC (W - TR01 - California - Northern)

Happy sellers in Walnut Creek

96%
96% of sellers in Walnut Creek reported that their sale price either exceeded or met their price expectations.

Walnut Creek stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Walnut Creek over the last 12 months.

Local market activity for 5 bedroom single-family properties in Walnut Creek

In the last 12 months, 7 five-bedroom single-family properties similar to 2023 1st Avenue, have been sold.

This represents a 37% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

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