2023 1st Ave, Walnut Creek, CA 94597
Local realty services provided by:ERA North Orange County Real Estate
2023 1st Ave,Walnut Creek, CA 94597
$2,298,000
- 5 Beds
- 5 Baths
- 2,760 sq. ft.
- Single family
- Active
Listed by: jennifer devinney
Office: engel & volkers danville925-872-0968
MLS#:41135737
Source:CRMLS
Price summary
- Price:$2,298,000
- Price per sq. ft.:$832.61
About this home
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)...
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Home facts
- Year built:1947
- Subdivision & Development:LARKEY ESTATES
- Listing ID #:41135737
- Added:76 day(s) ago
- Updated:August 14, 2026 at 11:19 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:5
- Flooring:Tile, Wood
- Living area:2,760 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1947
- Building area:2,760 sq. ft.
- Lot area:0.27 Acres
- Lot Features:Back Yard, Cul De Sac, Front Yard, Garden, Street Level, Yard
- Architectural Style:Contemporary, Traditional
- Construction Materials:Concrete, Wood Siding
- Exterior Features:Covered, Deck, FrontPorch, Patio
- Levels:1 Story
Finances and disclosures
- Price:$2,298,000
- Price per sq. ft.:$832.61
Features and amenities
- Appliances:Washer
- Laundry features:Washer
Parking
- Total parking spaces:5
- Parking description:Garage, Garage Door Opener
- Garage:Yes
- Garage spaces:2
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