Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

2153 La Salle Drive Walnut Creek, CA 94598

4 Beds 2 Baths 1,850 sqft Built 1959

$1,289,000

List Price

$3,810

$3.6K - $4.1K

Rent Est.

PROPERTY INFO

November 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1959
  • Price/Sqft : $696.76
  • 3 Days on Market
  • MLS # : CC40928926
  • Updated Date : 11/13/2020 at 17:08
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,850 sqft
  • Baths : 2 full
Listing Agent

Dudum Real Estate Group

Listing Agent's Description

From a winding brick walkway through lush mature well-irrigated gardens, step onto the inviting front porch and into this beautifully remodeled custom home with designer detailing throughout. Remodeled and move-in ready, gorgeous kitchen with solid maple cabinetry and top-of-the-line appliances and finishes, french doors to front patio, sport court. A breathtaking backyard with its dramatic sycamore tree as its centerpiece, features flagstone pathways leading to secluded patios, ponds, fountains, flowering trees and bushes, and five separate outdoor living spaces-- all irrigated with well water. The perfect blend of indoor and outdoor ambiance and charm in a gorgeous serene setting--welcome home to 2153 LaSalle! (Home is one of four in small subdivision called Bella Serra.)

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Carriage Square

NeighborhoodNIR Market*CityMarket2010Year20002019300k400k500k600k700k800k900k1000k1100k1200k1300kPrice in $273k1304k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Carriage Square

NeighborhoodNIR Market*CityMarket2010Year20012019 Q2180020002200240026002800300032003400360038004000Rent in $16714076

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Bancroft Elementary School Primary Regular 525 19 7
Oak Grove Middle School Middle Regular 695 40 1
Ygnacio Valley High School High Regular 1,134 53 4

Bancroft Elementary School

  • Education Level: Primary
  • # of students: 525
  • # of teachers: 19
7
GreatSchools Rating

Oak Grove Middle School

  • Education Level: Middle
  • # of students: 695
  • # of teachers: 40
1
GreatSchools Rating

Ygnacio Valley High School

  • Education Level: High
  • # of students: 1,134
  • # of teachers: 53
4
GreatSchools Rating
 

$1,160,100$1,417,900$1,289,000

PURCHASE PRICE

$3,429$4,191$3,810

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $3,810
EXPENSES Loan Payment -$4,756
Property Tax -$1,304
Property Insurance -$72
Property Management Fees -$187
CASH FLOW
-$2,508

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$1,289,000

PROJECTED PRICE

$3,810

PROJECTED RENT

0.30%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 5.00%
Appreciation Year (1-5) 5.9%
Maintenance Year (1-5) 8.00%
Vacancy 5.09%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

PROJECTED ANNUAL CASH FLOW

11530-$40k-$30k-$20k-$10k$0.0

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M$2.5M$3.0M$3.5M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$347,335

INVESTMENT

$347,335

Down Payment
$322,250
Rehab Estimate
$5,750
Closing Costs
$19,335

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 80% down payment or higher enables the proceeds from the asset to cover all costs.

$4,756

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $322,250
Loan Amount $966,750
See What Happens When You Reinvest Cash Flow

0.08

YEARS SAVED

$70

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $3,810

    LIST RENT
  • $2.06

    LIST RENT PER SQFT
  • $3,802

    COMP ESTIMATED VALUE
  • $2.05

    COMP AVG. RENT PER SQFT
Comps Range
$3,100
1$3,1002$3,8003$3,8104$4,0005$4,150
$4,150
RENT COMPS ANALYSIS
  • 2153 La Salle Drive Walnut Creek, CA 3
    • 4 beds 2 baths ∙ 1,850 Sqft ∙ Built 1959 4 beds 2 baths ∙ 1,850 Sqft ∙ Built 1959
    • Rent
    • Rent Per SQFT
    •  
    • $3,810
    • $2.06
    •  
  • 2360 La Salle Walnut Creek, CA 1
    • 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1974 4 beds 2 baths ∙ 1,712 Sqft ∙ Built 1974
    LEASED 01/12/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,100
    • $1.81
    •  
  • 1274 Claiborne Dr Walnut Creek, CA 2
    • 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 1964 3 beds 2 baths ∙ 1,767 Sqft ∙ Built 1964
    LEASED 03/23/20
    • Rent
    • Rent Per SQFT
    •  
    • $3,800
    • $2.15
    •  
  • 932 Kane Cir Walnut Creek, CA 4
    • 4 beds 2 baths ∙ 1,888 Sqft ∙ Built 1965 4 beds 2 baths ∙ 1,888 Sqft ∙ Built 1965
    LEASED 05/05/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,000
    • $2.12
    •  
  • 2366 Parish Drive Walnut Creek, CA 5
    • 4 beds 3 baths ∙ 1,941 Sqft ∙ Built 1964 4 beds 3 baths ∙ 1,941 Sqft ∙ Built 1964
    LEASED 10/08/20
    • Rent
    • Rent Per SQFT
    •  
    • $4,150
    • $2.14
    •  
PROPERTY LISTING DETAILS
Karen Guarisco
Dudum Real Estate Group
BESbswy