
Lafayette, California 94549
Analysis of 3621 Chestnut Street, Lafayette, California 94549 is currently available with a list price of $1,999,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lafayette Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While the original structure dates to 1946, the property is well-maintained with a newer detached ADU and recently updated duplex units. The inclusion of central HVAC, granite countertops, and separate meters indicates significant system upgrades within the 5-15 year range, making it move-in ready and functional.
Elementary School: Lafayette Elementary School (9/10). Middle School: M. H. Stanley Middle School (9/10). High School: Acalanes High School (10/10).
The property features three fully occupied units (a duplex plus a detached ADU), providing immediate, diversified cash flow and high rental demand in a premier market.
Situated within the boundaries of top-rated schools including Acalanes High (10/10) and Lafayette Elementary (9/10), the property ensures strong long-term appreciation and tenant stability.
With 66 days on the market and a significant $200,000 price reduction, the property may be facing challenges regarding its initial valuation or investor expectations of the cap rate.
Housing three separate units on a 4,550 sqft lot results in high density, which limits private outdoor space and may create parking constraints for the tenants.
*PRICE IMPROVEMENT* Rare Lafayette Investment Opportunity, Fully Occupied Duplex + ADU. Exceptional income-producing property in the highly desirable city of Lafayette. This rare offering features a fully occupied duplex, with each unit offering 1 bedroom and 1 bathroom, plus a newer detached ADU with 2 bedrooms and 2.5 bathrooms. The property provides three separate rental units, creating strong and diversified cash flow from day one. The duplex units have been recently updated with granite slab countertops and gas cooktops, while the spacious ADU offers modern amenities and premium rental potential. Additional features include central heating and air conditioning, separate utility meters, and a fenced yard that adds privacy and outdoor space for tenants. Located in one of the East Bay’s most sought-after communities, this property benefits from top-rated schools, convenient access to BART, shopping, dining, and major commuter routes. Property Highlights: Duplex with two 1-bedroom, 1-bath units; Detached ADU with 2 bedrooms and 2.5 bathrooms; Recently updated kitchens with granite slab countertops and gas cooktops; Central air and heat; Separate utility meters; Fenced yard; Fully occupied with established tenants; Immediate income-producing opportunity; Prime Lafayette location; Strong rental demand and long-term appreciation potential. Whether you are looking to expand your investment portfolio or secure a multi-unit property in a premier location, this is a rare chance to own a high-performing asset in Lafayette. Do not miss this outstanding turnkey investment opportunity!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.6 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
Jun 24, 2026
$1,999,000
$2,199,000
-9% Price Drop
Initial Listing
May 19, 2026
$2,199,000
Initial Listing
May 7, 2014
$780,000
Public Record
Jun 30, 2009
$550,000
Public Record
Dec 18, 2006
$835,000
Public Record
Jun 30, 2006
$590,000
Public Record