735 Francesca Drive 202, Walnut, California 91789, Walnut, 91789 - 2 bed, 2 bath
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Walnut, California 91789
This Turnkey Senior-Friendly Condo represents a Strong Value Opportunity, listed at $399,900—positioned well below the $410,067 Fair Market Value by 2%. This valuation gap offers $10,167 in Instant Equity for qualified buyers. Featuring a Good Condition Rating, the unit includes central HVAC, custom plantation shutters, and elevator access. While subject to affordable housing program and 55+ age restrictions, it provides a secure, low-maintenance lifestyle. This is an ideal acquisition for income-eligible seniors or owner-occupants seeking a move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 735 Francesca Drive 202 Subject | $399,900* List Price | 2 | 2 | 1,030 | $398 | - |
A 835 Francesca Active | $438,000 List Price | 2 | 2 | 1,040 | $421 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this 19-year-old property falls within the 10-20 year range for 'Good' condition. The interior is well-maintained and move-in ready with functional systems including central HVAC and double-pane windows. While the kitchen cabinetry and white appliances appear original to the build date, the overall condition is clean and requires no immediate maintenance.
The property features a single-level open-concept layout with elevator access and secure gated entry, providing an ideal low-maintenance environment for the 55+ demographic.
Built in 2005, this move-in ready home includes central HVAC, double-pane windows with custom plantation shutters, and all essential appliances, minimizing immediate move-in costs.
The unit offers a rare combination of a private balcony, a detached garage plus an additional permitted space, and an HOA that covers water, trash, and community pool access.
The sale is contingent upon specific affordable housing program guidelines, including buyer income limits and Walnut Housing Authority approval, which significantly narrows the pool of qualified buyers.
Mandatory owner-occupancy rules and the 55+ age restriction limit the property's appeal to investors and younger buyers, potentially impacting future resale velocity.
Inside the secure gates of Walnut Grove, a premier 55+ senior community, this exceptional, turnkey single-level condo at features elevator access for added convenience. Built in 2005, the home features a thoughtfully designed 2-bedroom, 2-bathroom open-concept layout that seamlessly connects the living and dining areas. The kitchen is equipped with an included refrigerator, while a dedicated laundry space features an in-unit washer and dryer. The primary suite serves as a quiet retreat with a walk-in closet and an en-suite bathroom. Other details include central HVAC, double-pane windows, and custom plantation shutters throughout.For parking and outdoor space, enjoy a large private balcony perfect for relaxing, a detached 1-car garage connected by a secure interior stairway shared by only two units, and an additional permitted parking space. The monthly HOA covers water and trash services while granting full access to the community pool and spa, all located just minutes from local shopping, dining, and daily conveniences. Please note that this property is part of an affordable housing program, and the sale is contingent upon buyer income eligibility, owner-occupancy rules, and Walnut Housing Authority approval.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,030 | 1,029.5 |
| Lot Size | 80,004 | 134,466 |
| Price | $399.9K | $726.8K |
| Price per sq ft | $388 | $608 |
| Built year | 2005 | 1981 |
| HOA | $295.0 | $330 |
| Days on market | 14 | 79 |
Jul 8, 2026
$399,900
Initial Listing
Sep 11, 2014
$285,000
Public Record
Jan 13, 2006
$275,000
Public Record