1616 2nd Ave, Walnut Creek, California 94597, Walnut Creek, 94597 - 2 bed, 1 bath
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Walnut Creek, California 94597
This Single Family Residence represents a Strong Value Opportunity, listed at $999,000—positioned well below the $1,032,152 Fair Market Value by 3%. This valuation gap offers $33,152 in Instant Equity. Featuring a Condition Rating of 3, the home includes a 25x25 redwood deck, two powered office sheds, and a 1/3 acre lot. Zoned for top-rated schools like Las Lomas High, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a blend of lifestyle and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1616 2nd Ave Subject | $999,000* List Price | 2 | 1 | 902 | $1,144 | - |
A 2652 Buena Vista Ave Sold | $1,050,000 | 3 | 2 | 1,131 | $928 | 0.4 mi |
B 464 Coralie Dr Sold | $1,195,000 | 3 | 1 | 1,022 | $1,169 | 0.5 mi |
C 54 54 Carlos Court Sold | $1,150,000 | 3 | 1 | 1,086 | $1,059 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1935, the home is well-maintained and move-in ready. The kitchen has been updated with modern butcher block counters, a farm sink, and stainless steel appliances. Significant system updates include an upgraded electrical panel, and the interior features refreshed wood flooring and recessed lighting.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 902.
High School: Las Lomas High School (9/10).
The generous 1/3 acre level lot features a massive 25x25 redwood deck, mature fruit trees, and raised garden beds, offering rare outdoor space and privacy in a prime suburban setting.
With only 902 square feet of living space and a single bathroom, the home's small scale may be restrictive for growing families or buyers seeking more indoor square footage.
Originally built in 1935, the property's age may necessitate ongoing maintenance or modernization of older systems not covered by the recent electrical and cosmetic upgrades.
Enjoy the charm of this well maintained 2 bedroom 1 bath home situated on a generous 1/3 acre level lot. This home features an oversized living room and dining area with warm wood flooring. The cozy kitchen has butcher block counters, a farm sink, open shelving for extra storage, a stainless steel refrigerator and a microwave too! Indoor laundry room. Upgraded electrical panel. 1 car garage. The abundant outdoor space features a 25x25 redwood deck and 2 additional office sheds with electrical power. Various fruit trees include lemon, lime, orange, peach, nectarine, and an apple tree with raised garden beds complete this impressive property. Located just blocks from Larkey Park with convenient freeway access, this home offers the perfect combination of charm, outdoor living, and an unbeatable Walnut Creek location!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 902 | 2,053 |
| Lot Size | 13,068 | 11,600 |
| Price | $999.0K | $1.57M |
| Price per sq ft | $1.1K | $766 |
| Built year | 1935 | 1962 |
| HOA | $0 | $591 |
| Days on market | 9 | 33 |
Jul 14, 2026
$999,000
Initial Listing
Dec 23, 2016
$690,000
Public Record
Sep 19, 2007
$600,000
Public Record
Nov 7, 1994
$174,000
Public Record