2023 1st Ave, Walnut Creek, CA 94597

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

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List Price
$2,298,000
Status
ACTIVE
MLS#
41135737
Price Change
▼ $100,000 1784096839
Days on Market
64
Property Type
Single Family Residence
Bedrooms
5
Bathrooms
5
Living Area
2,760
Lot Size
11,877
Lot Description
2 Houses / 1 Lot, Court, Cul-De-Sac, Level, Premium Lot, Other, Back Yard, Front Yard, Landscaped, Paved, Private, See Remarks, Sprinklers In Rear
Subdivision
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

Stories
One Story
Year Built
1947
Acres
0.27
Roof
Shingle
Flooring
Hardwood, Tile
Exterior
Wood Siding, Glass
Kitchen Features
Stone Counters, Dishwasher, Eat-in Kitchen, Disposal, Kitchen Island, Microwave, Refrigerator, Self-Cleaning Oven, Updated Kitchen
Pool Description
None
Fireplaces
1
Fireplace Description
None
Garage Description
Attached, Side Yard Access, Garage Door Opener
Garage Spaces
2
Cooling
Central Air
Heating
Perimeter, Central
Parking Description
Attached, Side Yard Access, Garage Door Opener
Yard Description
Back Yard, Front Yard, Garden/Play, Side Yard, Sprinklers Automatic, Sprinklers Front, Storage, Landscape Back, Landscape Front, Private Entrance, Storage Area, Yard Space
Laundry Features
Inside Room

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Calculator source: Real Geeks

Listing courtesy of Jennifer Devinney from Engel & Volkers Danville

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