$2,298,000
2023 1st Ave, Walnut Creek CA 94597
Walnut Creek, CA 94597
Get DirectionsAbout 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)
Facts & Features
Property Type
Detached
Status
active
Bedrooms
5
Bathrooms
5 full
Interior
2,760 sqft
Building Sqft
2,760 sqft
Lot Size
11,877 sqft
$/sqft
$833
Stories
1
Garage Spaces
2
Year Built
1947
Days on Market
54 days
Listed
May 29, 2026
MLS #
41135737
Similar Homes Nearby
$2,375,000
$539/sqft
35 Harmony Ln, Walnut Creek CA 94597
Walnut Creek, CA 94597
$1,950,000
$633/sqft
1151 Keaveny Ct., Walnut Creek CA 94597
Walnut Creek, CA 94597
$1,699,000
$709/sqft
1103 Andrew Ln, Walnut Creek CA 94597
Walnut Creek, CA 94597
$2,275,000
$1025/sqft
1770 3rd Ave, Walnut Creek CA 94597
Walnut Creek, CA 94597
$1,655,000
$850/sqft
2527 Buena Vista Ave, Walnut Creek CA 94597
Walnut Creek, CA 94597
$1,595,000
$683/sqft
30 Sunrise Ln, Lafayette CA 94549
Lafayette, CA 94549