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1221 Oakmont Drive 2, Walnut Creek, California 94595, Walnut Creek, - bed, bath

home-pic
ACTIVE$395,000
1221 Oakmont Drive 2, Walnut Creek, California 94595
2Beds
1Bath
1,081Sqft
Lot
Year Built
1964
Close
-
List price
$395K
Original List price
$395K
Price/Sqft
-
HOA
$894
Days on market
-
Sold On
-
MLS number
41115306
Home ConditionPoor
Features
Patio
View-

About this home

Calling All Investors and Savvy Flippers! Exceptional investment opportunity in the highly sought-after Rossmoor 55+ community. This Golden Gate model level-in unit offers 2 bedrooms, 1 bathroom, and 1,081 sq. ft. of living space—an ideal canvas for your next renovation project. Investor Highlights: • Strong resale potential after renovation • Add instant value with cosmetic updates - modernize the kitchen and bath, refresh flooring, and elevate with designer finishes Key Features: • Convenient parking just steps from the unit • Expansive living room and separate dining area • Two generously sized bedrooms • Private patio for outdoor enjoyment • In-unit washer and dryer for added convenience With the right vision and updates, this property can be transformed into a stylish and highly desirable home in one of Walnut Creek’s most vibrant active adult communities. Don’t miss your chance to invest in Rossmoor’s thriving market!

Nearby schools

10/10
Burton Valley Elementary School
Public,•K-5•0.9mi
7/10
Parkmead Elementary School
Public,•K-5•1.3mi
7/10
Murwood Elementary School
Public,•K-5•2.0mi
9/10
Rancho Romero Elementary School
Public,•K-5•3.4mi
8/10
Tice Creek
Public,•K-8•1.5mi
9/10
M. H. Stanley Middle School
Public,•6-8•2.3mi
7/10
Walnut Creek Intermediate School
Public,•6-8•3.0mi
8/10
Stone Valley Middle School
Public,•6-8•3.3mi
9/10
Las Lomas High School
Public,•9-12•1.8mi
10/10
Campolindo High School
Public,•9-12•2.6mi
10/10
Acalanes High School
Public,•9-12•2.7mi
10/10
San Ramon Valley High School
Public,•9-12•4.9mi

Price History

Date
Event
Price
10/20/25
Listing
$395,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (222 Listings)
Beds22
50%
Baths12
37%
Square foot1,0811,157
42%
Lot Size00
Price$395K$544K
27%
Price per square foot$365$469
23%
Built year19641969
17%
HOA$894$1,335
3%
Days on market16166
0%
Condition Rating
Poor
Built in 1964, this property is explicitly marketed as an 'ideal canvas for your next renovation project' for 'investors and savvy flippers.' The kitchen features outdated white appliances, traditional white cabinets with old hardware, speckled laminate countertops, and a dated fluorescent light fixture. The bathroom is equally dated with an old vanity, cultured marble countertop, dated light bar, and an old shower surround. Carpets throughout appear worn, and the dining area light fixture is also old. While functional, the property requires substantial rehabilitation and modernization of all major cosmetic components to meet current quality standards, making it very uncomfortable for modern living without significant investment.
Pros & Cons

Pros

Prime 55+ Community Location: Located in Rossmoor, a highly sought-after 55+ community known for its amenities, lifestyle, and strong market demand.
Strong Investment Potential: Explicitly marketed as an 'exceptional investment opportunity' with 'strong resale potential' after renovation, ideal for investors and flippers.
Convenient Level-In Access & Parking: Features a 'Golden Gate model level-in unit' and 'convenient parking just steps from the unit,' enhancing accessibility and ease of living.
Functional Layout & In-Unit Amenities: Offers an expansive living room, separate dining area, two generously sized bedrooms, a private patio, and the convenience of an in-unit washer and dryer.
Attractive Entry Price Point: The listing price of $395,000 provides an accessible entry into the desirable Rossmoor community, allowing for value creation through renovation.

Cons

Extensive Renovation Required: The property is presented as an 'ideal canvas' for renovation, requiring significant updates to the kitchen, bath, flooring, and finishes, implying substantial upfront investment.
High Monthly Association Fee: A monthly association fee of $894.00 is substantial and represents a significant ongoing cost, which could impact affordability and long-term ownership expenses.
Dated Condition & Single Bathroom: Built in 1964, the unit likely features dated systems and aesthetics, and the presence of only one bathroom for a two-bedroom unit can be a functional limitation for modern living.

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