
Walnut Creek, California 94596
This Condominium represents a Strong Value Opportunity, listed at $452,000—positioned well above the $409,971 Fair Market Value by -10%. While priced above current estimates, the property offers a Fair Condition Rating with modern Granite Kitchen finishes and a prime transit-oriented location near BART. Featuring a Deck and Patio, this unit provides a sophisticated lifestyle with concierge services and secure parking. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a convenient, amenity-rich urban residence in downtown Walnut Creek.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1315 Alma Ave 243 Subject | $452,000* List Price | 1 | 1 | 711 | $577 | - |
A 1315 1315 Alma Ave 331 Sold | $460,000 | 1 | 1 | 681 | $675 | 0.0 mi |
B 1655 N California Blvd 345 Sold | $585,000 | 1 | 2 | 886 | $660 | 0.6 mi |
C 185 Sierra Dr 316 Sold | $345,000 | 1 | 1 | 695 | $496 | 0.7 mi |
D 1761 Carmel Dr 203 Sold | $365,000 | 1 | 1 | 719 | $508 | 0.7 mi |
E 1315 Alma Ave 323 Active | $460,000 List Price | 1 | 1 | 741 | $621 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (24 years old), the property falls into the 'Fair' category based on age. While the unit is well-maintained and functional with stainless steel appliances and granite countertops, the cabinetry and bathroom tiling are original to the construction and are now dated, fitting the criteria for a property over 20 years old needing minor updates.
Situated within walking distance to BART and downtown Walnut Creek, this property offers unparalleled convenience for commuters and easy access to a vibrant mix of dining and retail.
The Montecito provides a sophisticated lifestyle with high-end amenities including a concierge, fitness center, business center, and secure underground parking with additional storage.
The unit boasts an open-concept layout with high ceilings, abundant natural light, granite countertops, and the highly desirable convenience of an in-unit washer and dryer.
The association fee of $643 per month is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for some buyers and overall monthly affordability.
At 711 square feet, the living space is compact, which may be a constraint for buyers looking for a dedicated home office or more expansive living areas.
Location, location, location. Welcome to the Montecito. One of the finest Condominium Communities in Walnut Creek where sophisticated living, convenience, and an abundance of local amenities converge. This unit boasts high ceilings and lots of natural light, an open concept floor plan, modern kitchen with granite countertops and stainless appliances, breakfast bar and nook, spacious bedroom, and in unit washer and dryer. Also included is a separate storage room and assigned parking in a secure underground garage. Amenities within the complex include a concierge, business and conference centers, gym, and dedicated BBQ area. Walking distance to BART for an easy commute and a wide variety of cafes, restaurants, and shops in the vibrant downtown of Walnut Creek. This one is not to be missed!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 711 | 1,162 |
| Lot Size | - | - |
| Price | $452.0K | $603.4K |
| Price per sq ft | $636 | $510 |
| Built year | 2002 | 1972 |
| HOA | $643.0 | $1.4K |
| Days on market | 13 | 42 |
Jul 9, 2026
$452,000
Initial Listing
Nov 2, 2010
$225,000
Public Record
May 1, 2006
$391,000
Public Record