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20122 Candleflame Court, Walnut, California 91789, Walnut, 91789 - 8 bed, 6 bath

20122 Candleflame Court, Walnut, California 91789 home-pic-0
ACTIVE$1,698,000
20122 Candleflame Court, Walnut, California 91789
8Beds
6Baths
3,248Sqft
10,645Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Income Potential: The dedicated 4-bedroom, 4-bathroom add-on with its own kitchen generates a significant $5,000/month in rental income, offering a unique financial advantage and flexibility for multi-generational living.
Top Cons:
Age of Main Structure: Built in 1990, the main house, despite some cosmetic updates, may have original components (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades.

Compared to the nearby listings

Price:$1.70M vs avg $1.16M (+$538,000)82%
Size:3,248 sqft vs avg 1,992 sqft89%
Price/sqft:$523 vs avg $61019%

More Insights

Built in 1990 (35 years old).
Condition: The property, built in 1990, is well-maintained and move-in ready. While the main house's kitchen features dated honey oak cabinets and older granite/tile, it benefits from newer stainless steel appliances, fresh paint, and laminate wood flooring throughout. The significant 'add-on' portion of the house is a major positive, featuring a brand new, modern kitchen with white shaker cabinets and updated bathrooms, indicating extensive recent renovation in that section. This blend of a well-kept main house with recent cosmetic updates and a newly renovated, modern addition elevates the overall condition to 'Good', requiring no immediate renovations.
Year Built
1990
Close
-
List price
$1.7M
Original List price
$1.8M
Price/Sqft
$523
HOA
-
Days on market
-
Sold On
-
MLS number
TR25073831
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Nestled in the serene neighborhood of Walnut. 20122 Candleflame Court offers a spacious and comfortable living experience. This single-family home features 4 bedrooms and 2 bathrooms, encompassing approximately 2,012 square feet of living space for the main house on a generous 10,585 Sqft. There is also a 4-bedroom add-on. Each bedroom has its own bathroom—perfect for rent income or guest accommodations. Brand new paint for the main house, there are stainless steel appliances, including a dishwasher, gas stove, and oven in the kitchen.? Open Living Spaces: An inviting formal living room and dining room with high ceilings, providing a bright and airy atmosphere.? Cozy Family Room: Features a fireplace, perfect for relaxation and gatherings.? Flooring: laminate wood flooring throughout the home, with tile flooring in the kitchen and bathrooms.? Outdoor Space: A spacious backyard offering ample room for outdoor activities and potential landscaping projects.? For the Add-on House. New kitchen area. 4 bedroom with its own bathroom. Steady rental income at about $5,000/month. Conveniently located, this home is within close proximity to local schools. This property presents an excellent opportunity for families seeking a comfortable and well-appointed home at the same time can generate rental income in the desirable Walnut location.

Nearby schools

8/10
Walnut Elementary School
Public,•K-5•1.1mi
8/10
Evergreen Elementary School
Public,•K-5•1.8mi
6/10
Ybarra Academy For The Arts And Technology
Public,•K-8•0.6mi
8/10
South Pointe Middle School
Public,•6-8•0.8mi
8/10
Chaparral Middle School
Public,•6-8•2.7mi
8/10
John A. Rowland High School
Public,•9-12•1.3mi
10/10
Diamond Bar High School
Public,•9-12•1.4mi
Condition Rating
Good
The property, built in 1990, is well-maintained and move-in ready. While the main house's kitchen features dated honey oak cabinets and older granite/tile, it benefits from newer stainless steel appliances, fresh paint, and laminate wood flooring throughout. The significant 'add-on' portion of the house is a major positive, featuring a brand new, modern kitchen with white shaker cabinets and updated bathrooms, indicating extensive recent renovation in that section. This blend of a well-kept main house with recent cosmetic updates and a newly renovated, modern addition elevates the overall condition to 'Good', requiring no immediate renovations.
Pros & Cons

Pros

Exceptional Income Potential: The dedicated 4-bedroom, 4-bathroom add-on with its own kitchen generates a significant $5,000/month in rental income, offering a unique financial advantage and flexibility for multi-generational living.
Generous Space & Versatility: Boasting a total of 8 bedrooms and 6 bathrooms across 3,248 sqft of living space on a substantial 10,645 sqft lot, the property accommodates large families, guests, or continued rental use.
Desirable Walnut Location: Situated in a serene and convenient Walnut neighborhood with close proximity to local schools, enhancing its long-term value, community appeal, and accessibility.
Updated Interior Finishes: The main house features brand new paint, stainless steel kitchen appliances, and updated laminate wood and tile flooring, providing a modern and move-in ready condition.
Scenic Views & Ample Outdoor Space: The property offers enjoyable mountain views and a spacious backyard, providing aesthetic appeal and significant potential for outdoor living, entertainment, and landscaping projects.

Cons

Age of Main Structure: Built in 1990, the main house, despite some cosmetic updates, may have original components (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades.
Recent Price Reduction: The property has undergone a $100,000 price reduction from its original list price, which, while making it more competitive, might suggest initial overpricing or a slower market response.
Unspecified Legality of 'Add-on': While the 4-bedroom 'add-on' is a major strength for income, the description does not specify if this conversion or addition is fully permitted and compliant with local building codes, which could pose future risks for a buyer.

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