WOW....With a Premier Location, situated in the Heart of Walnut Creek & its Vibrant Downtown, Renowned Shopping, Exquisite Dining, Picturesque Parks & Outstanding Schools, this Impeccably Maintained Vintage 1950's Tri-Plex is the Real Deal! A Stable Income Stream over $6,000 per Month & Great Potential for Future Rent/Price Appreciation make this Tri-Plex Highly Attractive to both Investors & Tenants alike.
Sold for $1,375,000 on 11/14/23
$1,375,000
1501 Carmel Dr, Walnut Creek, CA 94596
4beds
3baths
1,977sqft
Multi Family, Triplex
Built in 1951
-- sqft lot
$1,330,500 Zestimate®
$695/sqft
$2,965 Estimated rent
Home value
$1,330,500
$1.22M - $1.45M
$2,965/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 15, 2023 at 10:09am
Listed by:
Robert Gibbons DRE #00864058 925-639-7847,
Foundation Real Estate
Bought with:
Philip Smith, DRE #02105780
Range Homes
Source: Bay East AOR,MLS#: 41041648
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Wall Furnace
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Dryer, Washer
Features
- Tub w/Shower Over
- Flooring: Laminate, Carpet
- Windows: Window Coverings
- Basement: None
Interior area
- Total structure area: 1,977
- Total interior livable area: 1,977 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage Door Opener, Attached, Off Street, Garage Faces Front, On Street, Restrictions
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Patio, Balcony/Patio
- Exterior features: Low Maintenance
Lot
- Size: 6,098 sqft
- Features: Cul-De-Sac
Details
- Parcel number: 1782610107
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
- Attached to another structure: Yes
Materials
- Other
- Roof: Metal
Condition
- Year built: 1951
Utilities & green energy
- Utilities for property: Cable Available, Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s)
Location
- Region: Walnut Creek
- Subdivision: Downtown Area
HOA & financial
Other financial information
- Total actual rent: 72600
Other
Other facts
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2023 | Sold | $1,375,000$695/sqft |
Source:  Bay East AOR #41041648 | ||
| 10/28/2023 | Pending sale | $1,375,000$695/sqft |
Source:  bridgeMLS/CCAR/Bay East AOR #41041648 | ||
| 10/16/2023 | Listed for sale | $1,375,000$695/sqft |
Source: bridgeMLS/CCAR/Bay East AOR #41041648 | ||
| 10/29/2021 | Listing removed | -- |
Source: Zillow Rental Manager | ||
| 10/10/2021 | Listed for rent | $1,995+7.8%$1/sqft |
Source: Zillow Rental Manager | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,727 -28.5% | $1,402,500 +2% |
| 2024 | $24,792 +389.9% | $1,375,000 +462.5% |
| 2023 | $5,060 -0.7% | $244,445 +2% |
Find assessor info on the county website
Neighborhood: 94596
Nearby schools
GreatSchools rating
- 8/10Walnut Heights Elementary SchoolGrades: K-5Distance: 1.2 mi
- 7/10Walnut Creek Intermediate SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Las Lomas High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Walnut Creek (925) 944-6850
Source: Bay East AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,330,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,330,500