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18820 Sutter Creek Drive, Walnut, California 91789, Walnut, 91789 - 6 bed, 2 bath

18820 Sutter Creek Drive, Walnut, California 91789 home-pic-0
ACTIVE$1,050,000
18820 Sutter Creek Drive, Walnut, California 91789
6Beds
2Baths
1,984Sqft
8,566Lot

Price Vs. Estimate

The estimated value ($694,399.665) is $355,600.335 (33%) lower than the list price ($1,050,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8566, living area = 1984.
Top Cons:
Requires Cosmetic Work: The description explicitly states the house has 'lots of potential after some cosmetic work,' indicating it is not move-in ready and will require additional investment for aesthetic improvements.

Compared to the nearby listings

Price:$1.05M vs avg $1.16M ($-108,500)34%
Size:1,984 sqft vs avg 1,991 sqft49%
Price/sqft:$529 vs avg $61022%

More Insights

Built in 1984 (41 years old).
Condition: The property was built in 1984, making it 40 years old. The listing explicitly states it requires 'cosmetic work' and is a 'canvas ready for your imagination,' indicating that while functional, the interior, particularly the kitchen and bathrooms, are outdated in style and features. Images show dated cabinetry, countertops, and appliances in the kitchen, and older fixtures and finishes in the bathrooms. The overall condition suggests the home is aged but maintained, with major components functional but showing signs of being outdated, aligning with the 'Fair' condition criteria.
Year Built
1984
Close
-
List price
$1.05M
Original List price
$1.4M
Price/Sqft
$529
HOA
-
Days on market
-
Sold On
-
MLS number
TR25033538
Home ConditionFair
Features
Good View: Hills, Neighborhood
Patio
ViewHills, Neighborhood

About this home

Huge Price Reduction. This nice curb appeal house nested in the charming city of Walnut will be a great Opportunity with lots of potential after some cosmetic work. It is waiting for both investors and home seekers! This rarely found one story home features 6 bedrooms and 2 bathrooms, two add on bedrooms are permitted. When you enter the house, the open floor plan greets you. Spacious kitchen makes the cooking easy. The convenient location close to everything, multiple freeways like 60, 10 and 57. Just 10 minutes drive to MT. San Antonio College and Cal Poly University. This house has manicured gardens, a neatly paved driveway, and a beautiful facade. This Captivating property offering a perfect blend of comfort, style, and functionality with beautiful view from back yard. This property is really a canvas ready for your imagination. Spacious front yard and side yard are perfect for RV parking. The potential here is truly limitless. The flat back yard offers not only beautiful views and fruit trees, but also the flexibility for an ADU with about 600SQFT living area to create extra income-generating options. This is also an opportunity for investors looking to maximize their returns in a high sought after area. Don't miss out this chance to own a home in a very convenient location.

Condition Rating
Fair
The property was built in 1984, making it 40 years old. The listing explicitly states it requires 'cosmetic work' and is a 'canvas ready for your imagination,' indicating that while functional, the interior, particularly the kitchen and bathrooms, are outdated in style and features. Images show dated cabinetry, countertops, and appliances in the kitchen, and older fixtures and finishes in the bathrooms. The overall condition suggests the home is aged but maintained, with major components functional but showing signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8566, living area = 1984.
Significant Price Reduction: The property has undergone a substantial price reduction from $1.4M to $1.05M, indicating increased motivation from the seller and potential for a more attractive entry point for buyers.
ADU Potential & RV Parking: The flat backyard offers flexibility for an Accessory Dwelling Unit (ADU) of approximately 600 sqft, providing potential for extra income. Additionally, the spacious front and side yards are ideal for RV parking.
High Bedroom Count & Single Story: This rarely found single-story home features 6 bedrooms (including two permitted additions), offering ample space and the highly desirable single-level living arrangement.
Convenient Location: The property boasts a highly convenient location with easy access to multiple freeways (60, 10, 57) and is just a 10-minute drive to MT. San Antonio College and Cal Poly University.
Investment/Value-Add Opportunity: Described as a 'canvas ready for your imagination' and an 'opportunity with lots of potential after some cosmetic work,' it appeals to both investors and home seekers looking to maximize returns through upgrades.

Cons

Requires Cosmetic Work: The description explicitly states the house has 'lots of potential after some cosmetic work,' indicating it is not move-in ready and will require additional investment for aesthetic improvements.
Low Bathroom-to-Bedroom Ratio: With 6 bedrooms and only 2 bathrooms, the property has a low bathroom-to-bedroom ratio, which could be inconvenient for a large family or multiple occupants.
Discrepancy in Estimated Value: The current listing price of $1.05M is significantly higher than the estimated value of approximately $694K, suggesting a potential overvaluation or that the 'potential' is heavily factored into the asking price.

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