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1374 Homestead Ave
Score
0
Walnut Creek, CA

1374 Homestead Ave

1.3M
4 bd • 3 ba • 3,423 sf

This analysis was generated on 3/8/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,285,000

Price/Sq.Ft

$375

Year Built

1957

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Stone Facade: Unique architectural element, adds curb appeal if well-maintained • Exposed Beams: Adds character to the living space, can be highlighted with proper design • Skylights: Increases natural light, enhancing the interior ambiance • Stone Exterior • Skylights • Exposed Beams • Price Position: At $375.40/sqft, the property's price per square foot appears reasonable, but a more detailed comparison with recent sales of similar-sized homes in Walnut Creek is needed for accurate assessment. • Appreciation Trend: Insufficient local market data to determine historical appreciation rates for Walnut Creek specifically. Further research is needed to assess long-term value trends. • Rental Income: $5,240/month with 95% occupancy (4.2% cap rate) • Schools: The presence of highly rated schools, particularly Las Lomas High School (9/10), is likely to add a premium to property values. Homes in this school district may command a 5-10% higher price compared to similar homes in areas with lower-rated schools. • Safety: Violent crime rates are significantly lower than state and national averages (-34.4% and -39.8%, respectively). Property crime rates are significantly higher than state and national averages (109.2% and 151.0%, respectively). • Future Development: The property description mentions proximity to downtown Walnut Creek, suggesting access to existing amenities. No specific new developments are detailed in the provided data. • The living room benefits from good natural light due to the large windows and skylights. Other rooms appear to have limited natural light, especially the bedrooms. • The layout appears to have some interesting features, but the flow between rooms is not clear from the images. The kitchen seems somewhat isolated. Further investigation is needed to assess the functionality of the layout.
Stone Facade

Stone Facade

Unique architectural element, adds curb appeal if well-maintained

Exposed Beams

Exposed Beams

Adds character to the living space, can be highlighted with proper design

The Bad

• Kitchen Renovation (HIGH priority): $30,000 • Driveway Repair/Replacement (MEDIUM priority): $15,000 • Interior Painting and Wood Paneling Removal (MEDIUM priority): $10,000 • Ceiling Repair around Skylights (MEDIUM priority): $5,000 • Major fire risk (6/10) necessitates higher insurance costs and potential mitigation efforts • Severe air quality risk (8/10) and 15 bad air days per year may impact buyer interest and long-term health concerns • Property crime rate is significantly higher than state and national averages, potentially impacting buyer perception of safety • The living room benefits from good natural light due to the large windows and skylights. Other rooms appear to have limited natural light, especially the bedrooms.

The Ugly

• Climate Risk: Due to the Major (6/10) fire risk, insurance costs are expected to be Critical and significantly higher than average, potentially ranging from $3,000 to $5,000 annually. The Minimal (1/10) flood and wind risks should not significantly impact insurance premiums.
Cracked Driveway

Cracked Driveway

The driveway is cracked and uneven, indicating potential foundation or drainage issues.

Outdated Kitchen

Outdated Kitchen

The kitchen is outdated with old cabinets, countertops, and appliances. The orange tile backsplash is particularly dated.

Wood Paneling

Wood Paneling

The wood paneling throughout the living spaces is dated and may not appeal to modern buyers.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

Rental Property Investors: Potential annual revenue of $62,880 with 95% occupancy rate Value Investors: Projected 10.5% appreciation potential in moderate scenario Renovation-Minded Buyers: Estimated $60,000 in strategic upgrades could significantly increase property value

Not For

Risk-averse buyers: Property faces significant climate-related insurance costs and risks
Demographics
Area Median Income

$166,534

Property History

Price History
Ownership Timeline
$0Cash Purchase
Nov 7, 2016
Robin A GottsteinRobin A Gottstein, Robin A Gottstein 2016 Trust
Gift Deed
Non-Arm's Length Transactions

Property Taxes

$3,979
2024 Tax Assessment
2.4%from previous year
Assessed Value$252,337
Tax Rate1.58%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Schools

Nearby school quality by education level

Elementary

7.3/10
Good

Middle

7.7/10
Good

High

9.0/10
Excellent

Financials

Monthly Costs
Market Rent (4 bed)

$2,340

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Location & Comparables

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