
Walnut, California 91789
This property presents a High-Potential Investment Opportunity with a List Price of $899,000, which aligns with the current $899,000 Fair Market Value. While the home carries a Condition Rating of 5, the expansive 12,903 sqft lot provides significant Expansion Potential and space for a detached ADU. Located within the prestigious Walnut Valley Unified School District, this asset offers long-term stability. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to execute a value-add renovation in a prime Walnut location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 367 Bourdet Subject | $899,000* List Price | 3 | 2 | 1,420 | $598 | - |
A 540 Citadel Drive Sold | $952,500 | 3 | 2 | 1,487 | $641 | 0.9 mi |
B 19652 Calle Baja Sold | $895,000 | 4 | 3 | 1,690 | $530 | 0.3 mi |
C 340 Calle Caballeros Sold | $920,000 | 3 | 2 | 1,420 | $648 | 0.6 mi |
D 347 Vista Del Norte Sold | $790,000 | 3 | 2 | 1,260 | $627 | 1.0 mi |
E 361 Calle Caballeros Active | $898,000 List Price | 3 | 2 | 1,420 | $632 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no evidence of major renovations in the last 30 years. The interior shows highly dated finishes including old carpeting, 1970s-style wood spindles, and aged fixtures. The exterior displays cracked concrete and the listing description specifically targets 'investors' for 'upside potential,' indicating the property requires a full rehab to be competitive.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12903, living area = 1420.
The oversized 12,903 sqft lot offers rare flexibility for the area, providing ample space for a detached ADU or a substantial home expansion to maximize property value.
Located within the prestigious Walnut Valley Unified School District, this property ensures long-term desirability and strong resale value due to the high demand for local education.
With 236 days on the market and a history of significant price fluctuations, the property may carry a stigma that requires aggressive marketing to overcome buyer hesitation.
Built in 1964 and marketed primarily for its 'upside potential,' the home likely requires significant capital expenditure for modernization to meet current market standards.
BACK ON THE MARKET.... OPEN HOUSE SATURDAY AUGUST 8, 2026 Located in a hot, rapidly developing neighborhood, 367 Bourdet St is situated in the City of Walnut—well known for strong appreciation due to its prime location. This property offers excellent upside potential for investors seeking opportunities. Positioned on a quiet residential street with convenient access to schools, parks, shopping, dining, and major freeways. Generous 12,903 sqft lot with possible ADU or expansion potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,420 | 2,103.783 |
| Lot Size | 12,903 | 9,668.804 |
| Price | $899.0K | $1.27M |
| Price per sq ft | $633 | $614 |
| Built year | 1964 | 1982 |
| HOA | $0 | $257 |
| Days on market | 268 | 52 |
Jul 29, 2026
$899,000
$1,600,000
-44% Price Drop
Initial Listing
Jun 24, 2026
$1,600,000
$899,000
+78% Price Increase
Initial Listing
Dec 15, 2025
$899,000
Initial Listing
Jul 11, 2003
$326,000
Public Record