Single Family Home $ 2,298,000

2023 1st Ave

Walnut Creek, CA 94597

  • 5 Beds
  • 5 Baths
    Full Baths: 5
  • 2,760 SqFt
  • 0.27 Lot Size
  • 1947 Year Built
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)
Listed by Jennifer DeVinney of Engel & Volkers Danville

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Detached

    Listing Status Active

    Purchase Type For Sale

    Square Footage 2, 760 sqft

    Price per Sqft $832

    Subdivision Larkey Estates

    MLS Listing ID 41135737

    Bedrooms 5

    Full Baths 5

    HOA Y/N No

    Year Built 1947

    Lot Size 0.273 Acres

    Property Sub-Type Detached

    Source CONTRA COSTA

  • Location

    State CA

    County Contra Costa

  • Building

    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

    Story 1

    Water Public

    Architectural Style Contemporary, Traditional

  • Interior

    Heating Perimeter, Central

    Cooling Central Air

    Flooring Hardwood, Tile

    Fireplaces Number 1

    Fireplaces Type None

    Fireplace Yes

    Window Features Screens

    Appliance Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer

    Laundry Inside Room

  • Exterior

    Garage Spaces 2.0

    Pool None

    Private Pool false

  • Others

    Special Listing Condition Standard

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CONTACT

Jennifer DeVinney

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