1594 Morgan, Walnut Creek, California 94596, Walnut Creek, 94596 - 0 bed, 0 bath
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Walnut Creek, California 94596
Analysis of 1594 Morgan, Walnut Creek, California 94596 is currently available with a list price of $1,849,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Walnut Creek Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1960, the property features extensively renovated interiors. The kitchens are modernized with stainless steel appliances, stone countertops, shaker-style cabinetry, and updated tile backsplashes. The units also boast contemporary laminate flooring, recessed lighting, and updated fixtures. While the exterior and some mechanical systems (like wall heaters and window AC units) reflect the building's age, the living spaces are move-in ready and well-maintained.
The unique configuration featuring a detached fourth residence with private front and back yards offers a rare opportunity for an owner to live on-site with single-family privacy while collecting income from three additional units.
Ideally situated near downtown Walnut Creek with immediate access to Highways 680 and 24, the property ensures high tenant demand and long-term appreciation in a vibrant, sought-after community.
All four units are two-bedroom layouts, which is the most desirable configuration for attracting stable, long-term tenants and maximizing rental income potential compared to smaller studio or one-bedroom units.
Constructed in 1960, the property may require significant capital improvements or ongoing maintenance for older systems such as plumbing, electrical, and roofing to meet modern standards.
At a list price of $1,849,000, the cost per unit is substantial, which may result in a lower initial capitalization rate for investors compared to properties in less premium markets.
Apartment complex featuring 4 units, each with 2 bedrooms. Three units are connected to 1 building while the 4the is a deatched residence with with its own front and back yards. Each unit offers private parking for added convenience. Ideally located near downtown Walnut Creek with easy access to highways 680 and 24. Steady rental income in a highly desirable and vibrant community. Live in the home and rent the 3 apartments!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | - | - | 50% |
| Lot Size | 10,890 | 6,500 | 67% |
| Price | $1.85M | $1.64M | 67% |
| Price per sq ft | $0 | $0 | 50% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 160 | 33% |
Mar 19, 2026
$1,849,000
Initial Listing