340 Calle Caballeros, Walnut, California 91789, Walnut, 91789 - 3 bed, 2 bath
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Walnut, California 91789
This Value-Add Residential Asset is listed at $980,000, representing a stable entry into the Walnut market relative to its $913,039 Fair Market Value. Currently maintaining an original Condition Rating of 4, the property offers a significant modernization opportunity to unlock forced appreciation. Its unique Income Potential stems from its history as a licensed care facility, situated on an expansive 8,666-square-foot lot with a private backyard patio. Located in a quiet cul-de-sac within the Rowland Unified School District, this property is a strategic acquisition for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 340 Calle Caballeros Subject | $980,000* List Price | 3 | 2 | 1,420 | $643 | - |
A 244 Calle Luna Sold | $900,000 | 4 | 2 | 1,600 | $563 | 0.1 mi |
B 113 N Avenida Alipaz Sold | $900,000 | 3 | 2 | 1,297 | $694 | 0.5 mi |
C 19200 Kamlyn Lane Active | $1,150,000 List Price | 4 | 3 | 1,752 | $656 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is largely in its original 1977 condition, featuring dated wood cabinetry, tile countertops, and fluorescent drop-ceiling lighting in the kitchen. While the home appears well-maintained and was recently functional as a licensed care facility, the kitchen and bathrooms are significantly outdated and require modernization. The presence of popcorn ceilings and older fixtures further confirms the need for aesthetic and functional updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8666, living area = 1420.
Previously operated as a licensed adult care facility, this property offers a unique, turnkey opportunity for investors or business owners looking for a specialized residential facility.
The generous 8,666-square-foot lot provides significant space for outdoor entertaining, potential home expansion, or the addition of an Accessory Dwelling Unit (ADU).
Built in 1977 and retaining much of its original character, the home requires a substantial investment in modern updates and aesthetic renovations to meet current market standards.
At approximately 1,420 square feet, the interior footprint is relatively modest for the area, which may limit its appeal to larger families or those seeking spacious modern layouts.
DON’T MISS THIS OPPORTUNITY! Welcome to the heart of Walnut, nestled in a well-established cul-de-sac neighborhood. 340 Calle Caballeros offers a rare chance to bring your imagination to life. This single-story home features 3 bedrooms and 2 bathrooms, with approximately 1,420 square feet of living space on a generous 8,666 square-foot lot. Built in 1977, the property retains its original charm and presents an ideal canvas for renovation and modern updates. The spacious backyard provides endless possibilities—ideal for outdoor entertaining, expansion, or creating your own landscape. Inside, enjoy a cozy living room fireplace and large windows that fill the home with natural light. The kitchen offers ample cabinetry and counter space, a dedicated dining area, and sliding glass doors that open directly to the backyard for seamless indoor-outdoor living. Previously operated as a fully licensed adult care facility, the property was approved by the regional office and offers excellent potential for buyers looking to continue this use. It can also be easily reimagined as a primary residence. Whether you're seeking an income-producing opportunity or a place to call home, 340 Calle Caballeros is a must-see.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,420 | 2,091 | 10% |
| Lot Size | 8,666 | 8,826 | 47% |
| Price | $980.0K | $1.20M | 27% |
| Price per sq ft | $690 | $608 | 80% |
| Built year | 1977 | 1983 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 169 | 2% |
Apr 1, 2026
$980,000
Initial Listing
Mar 4, 2025
$900,000
Public Record
Nov 2, 2005
$537,000
Public Record
Jun 1, 1995
$165,000
Public Record