2023 1st Ave, Walnut Creek, CA, CA 94597

$2,298,000
5
BD
5
BA
2,760
SqFt

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List Price
$2,298,000
Price Change
▼ $100,000 1784097459
Price per Square Foot
$832
Status
ACTIVE
MLS#
41135737
County
Contra Costa
Year Built
1947
Bedrooms
5
Bathrooms
5
Living Sq. Ft
2,760
Lot Size
11,877
Days on Market
62
Property Type
Single Family Residential
Style
Contemporary, Traditional
Property Sub Type
Single Family Residence
Stories
One Level
Neighborhood
Larkey Estates

Property Description

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)

Additional Information

Other Buildings
Storage
Lot Features
Back Yard, Cul-De-Sac, Front Yard, Garden, Sprinklers In Rear, Sprinklers In Front, Sprinklers Timer, Street Level, Yard
Interior Features
Eat-in Kitchen
Appliances
Washer
Pool Description
None
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Concrete, Wood Siding
Patio
Covered, Deck, Front Porch, Patio
Roof
Shingle
Garage Spaces Total
2

Listing courtesy of Listing Agent: Jennifer DeVinney (Jennifer@devinneysellsrealestate.com) from Listing Office: Engel & Volkers Danville.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.