
Walnut, California 91789
This Spacious Multi-Generational Residence represents a High-Potential Investment Opportunity, listed at $1,698,000—positioned above the $1,620,965 Fair Market Value by 4%. Despite the premium, the property offers significant utility through a separate 4-bedroom, 4-bath add-on generating $5,000 monthly in rental income. With a Condition Rating of 3, the home features recent upgrades and sits within the top-tier Rowland Unified School District, including the 10/10 rated Diamond Bar High School. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental revenue.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20122 Candleflame Court Subject | $1,698,000* List Price | 8 | 6 | 3,332 | $486 | - |
A 20548 Missionary Ridge Active | $1,400,000 List Price | 6 | 3 | 3,000 | $467 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, the property is well-maintained and features significant recent updates that elevate it above the 'Fair' category. Improvements include a remodeled primary bathroom, fresh interior paint, and a modern secondary kitchen in the add-on area. The main kitchen is functional with stainless steel appliances and granite counters, while the addition includes modern mini-split HVAC units, making the home move-in ready.
High School: Diamond Bar High School (10/10).
The separate 4-bedroom, 4-bathroom add-on currently generates approximately $5,000 per month in rental income, offering a rare and significant cash-flow opportunity for investors or mortgage offset for homeowners.
The property is situated within a highly desirable area served by top-tier schools, including Diamond Bar High School (rated 10/10), which significantly bolsters long-term property value and demand.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3332, other record living area = 3248.
The property was recently sold within the past year on 2026-01-09. The sold price is $1,588,500.00.
With 8 bedrooms and 6 bathrooms squeezed into 3,332 square feet, the interior layout may feel congested, potentially sacrificing spacious common living areas for maximum bedroom count.
Welcome to 20122 Candleflame Court, ideally located in the desirable community of Walnut. This spacious single-family residence offers exceptional flexibility with a 4-bedroom, 2-bath main house plus a separate 4-bedroom, 4-bath add-on, making it an excellent opportunity for extended-family living, guests, or rental income. The main home features an inviting and functional floor plan with high ceilings, a formal living and dining area, and a comfortable family room with a fireplace. The well-appointed kitchen includes stainless steel appliances, a dishwasher, gas range, and oven. Laminate wood flooring runs throughout the main living areas, while the kitchen and bathrooms feature durable tile flooring. Recent improvements include a remodeled primary bathroom, fresh interior paint, new front-yard landscaping, and new backyard concrete, providing a clean and refreshed living environment. A standout feature of this property is the separate 4-bedroom, 4-bath add-on, which includes a new kitchen area and a private bathroom for each bedroom. Offering exceptional versatility and income potential, this additional living space is ideal for extended family, guests, or rental use and currently generates approximately $5,000 per month in rental income. The expansive backyard provides plenty of room for entertaining, relaxing, and outdoor activities. Conveniently located near local schools, shopping, dining, and other amenities, this property presents a rare opportunity to enjoy comfortable family living while benefiting from substantial additional income potential.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades K-5 • 1.8 mi
Grades K-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.0 |
| Baths | 6.0 | 3.0 |
| Square foot | 3,332 | 2,103.783 |
| Lot Size | 10,645 | 9,668.804 |
| Price | $1.70M | $1.27M |
| Price per sq ft | $510 | $614 |
| Built year | 1990 | 1982 |
| HOA | $0 | $257 |
| Days on market | 9 | 52 |
Aug 31, 2026
$1,698,000
Initial Listing
Jan 9, 2026
$1,588,500
Public Record
Jun 4, 2018
$850,000
Public Record
Sep 18, 2015
$702,500
Public Record
Aug 30, 1993
$255,000
Public Record