83 Palana Court
Walnut Creek, CA 94595 • 4 Bed • 2 Bath • 1,618 sq.ft.

Property summary

Great investment opportunity for a financially minded buyer who wants to live & build equity in Downtown Walnut Creek! This property is in rental ready condition w/ an updated kitchen, operational water heaters, furnaces & washer dryer on both sides. Enjoy passive income by renting out one side & use the additional square footage for your extended family. You could reformat the existing floor plan by framing out a new bedroom layout. A preliminary bid is available from a contractor who’s ready to help you install new kitchens, bathrooms & hardwood floors and more if you so choose. This Saranap home has tons of curb appeal w/ huge Redwood, spacious lawns & private gardens all within minutes from downtown. Separate gas & water meters are located on the property in addition to an updated & extensive drainage system plus a roof that’s estimated to be just 10 yrs old. Whether you are a family looking for some of the best schools in the area - or traditional investor looking for equity gains & rental income over time -you cannot find better value in the area than what 83 & 87 Palana are offering here! Also partial 1031 exchanges are possible for the portion of a home that's rented & differed to another investment. Reach out with any questions or if you would like any comparable sales

Days on market: 12

Listing updated: May 14, 2025 - 12:01:05

Property details

Property ID
41095713
Size
1618 sq.ft.
Home Type
Residential
Year Built
1951
Property Size
0.1561 acre
Garage
2
Levels
1
Spa
No
Patio
Patio
Basement
No
View
No
Pool
None

Listed by: Brandon Kersis DRE #02038512 925-937-4000, Dudum Real Estate Group - Contra Costa

Source: Contra Costa, MLS#: CCBE-CCDUDREG Originating MLS: CRMLS

Interior information

Rooms
Bathrooms
2
Kitchen
Gas Water Heater, Dryer, Washer
Cooling
N/A
Heating
Wall Furnace
Flooring
Carpet, Vinyl
Laundry
N/A
$1,100,000
Property price
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Revesty savings: $76K
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-05-14 15:18:40 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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