
Walnut Grove, CA 95690
This High-Potential Investment Opportunity is a unique Dual-Zoning asset listed at $549,900, positioned slightly above the $535,214 Fair Market Value. While the property lacks an equity gap, its Condition Rating of 3 reflects a meticulously restored interior with modern Granite Kitchen finishes and updated systems. The rare commercial-residential flexibility provides significant upside for income generation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile live-work lifestyle near the Sacramento River.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1280 B Street Subject | $539,900* List Price | 3 | 2 | 3,125 | $169 | - |
A 1264 B Street Active | $450,000 List Price | 5 | 4 | 2,624 | $171 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1914, the property has undergone a comprehensive restoration and renovation likely within the 5-15 year range. The kitchen features granite countertops and custom cabinetry, and the bathrooms are updated with modern fixtures and a soaking tub. The interior shows well-maintained hardwood floors, recessed lighting, and central HVAC vents, indicating updated systems and move-in ready condition.
The property features rare dual zoning, offering exceptional potential for a live-work lifestyle, commercial retail, or professional office space on the street level while maintaining residential comfort upstairs.
Built in 1914, the home meticulously preserves its original charm with soaring ceilings and hardwood floors while integrating high-end modern updates like granite countertops and a luxury soaking tub.
Despite its desirable proximity to the scenic Sacramento River, the property is notably situated outside of a flood zone, significantly reducing insurance costs and long-term risk.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2614, living area = 3125.
With a lot size of only 2,614 square feet for a 3,125 square foot building, there is very limited private yard or outdoor area for recreation or gardening.
As a century-old structure, the property may require more frequent or specialized maintenance compared to modern builds to preserve its historic integrity and systems.
Own a unique piece of history just steps from the Sacramento River! This beautifully updated property combines timeless character with modern updates and exceptional versatility being zoned R3. Featuring dual zoning, the property offers exciting potential for multi unit, or commercial use on the street level with comfortable residential living upstairs, making it ideal for entrepreneurs, investors, or those seeking a live-work lifestyle. The meticulously restored building preserves its historic charm while offering contemporary amenities throughout. The lower level presents endless possibilities as living space, or a home business, boutique retail space, professional office, studio, or other commercial ventures. Upstairs, you'll find soaring ceilings, gorgeous hardwood floors, and an inviting open-concept living space. The spacious kitchen features granite countertops, updated appliances, custom cabinetry, and an island. The full bathroom includes a luxurious soaking tub and a walk-in shower. The generously sized bedrooms showcase beautiful wood flooring, high ceilings, and custom built-ins. The main level can easily serve as living space including additional bedrooms, guest room, office or workspace. Located near the scenic Sacramento River and notably not in a flood zone, this one-of-a-kind property offers endless possibilities to create your dream home, business, or investment. Historic charm, modern comfort, and incredible potential come together in this must-see opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 6.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 3,125 | 3,033 |
| Lot Size | 2,614 | 503,118 |
| Price | $539.9K | $1.15M |
| Price per sq ft | $173 | $379 |
| Built year | 1914 | 1949 |
| HOA | $0 | $0 |
| Days on market | 27 | 291 |
Sep 5, 2026
$539,900
$549,900
-2% Price Drop
Initial Listing
Aug 13, 2026
$549,900
Initial Listing
Sep 28, 2022
$535,000
Public Record