Walnut Real Estate: Walnut Two Level House with Walking Distance to School $665,000

Thursday, April 15, 2010

Walnut Two Level House with Walking Distance to School $665,000

Bed: 7
Bath(F,T,H,Q): 2,3,0,0
Sqft: 2,104/A
$/Sqft: $316
Lot SF: 7,560
YrBuilt: 1961

Description: GREAT INVESTMENT OPPORTUNITY. MAIN HOUSE CONSISTS OF 3 ROOMS AND 2 FULL BATHS. TWO ADDITIONAL GUEST HOUSE ARE BULIT WITH PERMIT. SECOND FLOOR ADD ON HAS FAMILY, 2 BED AND 1 FULL BATHROOM WITH IT OWN ENTERANCE. THE OTHER ADDITIONAL ADD-ON IS BEHIND THE MAIN HOUSE HAS ITS OWN ENTRANCE AND WHERE IT CONSISTS OF 2 MASTER BEDROOM WITH 3/4 BATH. CURRENT MONTHLY RENTAL INCOME IS $4000. PROPERTY IS CLOSED TO MT SAC, WALKING DISTANCE TO COLLEGEWOOD ELEMENTARY AND CONVENIENT TO LOCAL SHOPS. THIS PROPERTY IS PREFECT FOR OWNER OCCUPIED SEEKING EXTRA INCOME. PLEASE CALL FOR APPOINTMENT AND PLEASE DO NOT DISTRUB TENANTS. PROPERTY IS SOLD AS-IS.

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Walnut City

Walnut city is located 20 miles east of downtown Los Angeles and encompasses 8.9 square miles.

The picturesque greater Walnut Valley is located between the steep San Jose Hills mountain range (at an elevation of 1,375 feet) to the north, and the gentle Puente Hills to the south. Walnut is located between the San Bernardino (10), Orange (57), and Pomona (60) Interstates with easy accessibility to four counties. Quality housing consists of master-planned single family homes ranging in size from 1,800 to 11,200 square feet. The City hosts a top rated state school system and the renowned Mt. San Antonio College, home of the annual Mt. SAC Relays. Walnut is proud to be identified as one of the cities with the lowest crime rates in the San Gabriel Valley.

The City of Walnut provides a pleasant blend of living in a semi-rural country, a hometown atmosphere, urban conveniences, and close proximity to metropolitan areas, deserts, and beaches. Walnut offers a great environment to live, work, or spend quality leisure time.

Financial
	City stats	Best places avg.
Median family income (per year)	$93,700	$90,316
Family purchasing power (annual, cost-of-living adjusted)	$76,866	$82,867
Sales tax	8.30%^*	6.74%
State income tax rate (highest bracket)	9.30%^I	6.38%
State income tax rate (lowest bracket)	1.00%^I	2.74%
Auto insurance premiums (Average for the state)	$2,076	$2,121
Job growth % (2000-2006)	9.69%	13.41%
Housing
	City stats	Best places average
Median home price	$731,750	$359,352
Average property taxes (2006)	$3,532	$3,585



	City stats	Best places average
Colleges, universities and professional schools (within 30 miles)	48	29
Junior colleges and technical institutes (within 30 miles)	53	18
Test scores reading (% above/below state average)	69.3%	20.1%
Test scores math (% above/below average)	56.0%	24.8%
% students attending public/private schools (located within town limits)	98.0/2.0	91.1/8.9
Quality of life
	City stats	Best places average
Air quality index* (% of days AQI ranked as good)	32.1%	77.3%
Personal crime incidents (per 1,000)	1	13
Property crime incidents (per 1,000)	15	206
Median commute time (in minutes)	32.1	23.1
% population with commute 45 mins. or longer	34.8%	15.6%
% population walk or bike to work	1.0%	2.7%
Leisure and culture
	City stats	Best places average
Movie theaters (within 15 miles)	51	30
Restaurants (within 15 miles)	6,728	2,899
Bars (within 15 miles)	320	287
Public golf courses (within 30 miles)	203	125
Libraries (within 15 miles)	95	71
Museums (accredited by AAM; within 30 miles)	16	11
Ski resorts (within 100 miles)	7	17
Arts funding (Dollars per person of state funds spent on arts)	0	1
Weather
	City stats	Best places average
Annual rainfall (inches)	16.96	40.18
% clear days in the area	40	28
High temp in July ° F	88.7°	86.1°
Low temp in Jan ° F	41.5°	24.0°
Health*
	City stats	Best places average
Has health plan (% of residents)	83.2%	90.5%
Body mass index (avg. for residents)	27	27
Diabetes rates (% of residents diagnosed)	7.3%	9.3%
Hypertension rates (% of residents diagnosed)	28.4%	30.6%
Elder-care facilities^**	275	107
Meet the neighbors
	City stats	Best places average
Median age	37.4	36.8
Completed at least some college (% of residents)	73.2%	72.4%
Married	58.5%	60.8%
Divorced	4.4%	8.0%
Racial diversity index (100 is national average; higher numbers indicate greater diversity)	706.5	59.2
Amount spent on vacations (domestic and foreign, household avg. per year)	$9,243	$8,250

*County data
**Elder-care services refer to skilled nursing and assisted living facilities. Data from Total Living Choices.

(I) Income tax notes:
17 states have statutory provision for automatic adjustment of tax brackets, personal exemption or standard deductions to the rate of inflation. Massachusetts, Michigan, Nebraska and Ohio indexes the personal exemption amounts only.
For joint returns, the taxes are twice the tax imposed on half the income.
Tax credits.
An additional 1% tax is imposed on taxable income over $1 million.

Colleges/Universities in Walnut:

MT SAN ANTONIO COLLEGE (Full-time enrollment: 14,954; Location: 1100 N GRAND AVE; Public; Website: www.mtsac.edu)

Public high schools in Walnut:

WALNUT HIGH (Students: 2,575; Location: 400 N. PIERRE ROAD; Grades: 09 - 12)
DEL PASO HIGH (CONT.) (Students: 190; Location: 476 S. LEMON AVE.; Grades: 09 - 12)

Public primary/middle schools in Walnut:

SUZANNE MIDDLE (Students: 1,499; Location: 525 SUZANNE ROAD; Grades: 06 - 08)
SOUTH POINTE MIDDLE (Students: 1,321; Location: 20671 LARKSTONE DR.; Grades: 06 - 08)
OSWALT (STANLEY G.) ELEMENTARY (Students: 834; Location: 19501 SHAWDOW OAK DR.; Grades: KG - 06)
VEJAR ELEMENTARY (Students: 625; Location: 20222 VEJAR ROAD; Grades: KG - 05)
WESTHOFF (LEONARD B.) ELEMENTARY (Students: 568; Location: 1323 COUNTRY HOLLOW; Grades: KG - 05)
WALNUT ELEMENTARY (Students: 552; Location: 841 S. GLENWICK; Grades: KG - 05)
CYRUS J. MORRIS ELEMENTARY (Students: 512; Location: 19875 E. CALLE BAJA; Grades: KG - 05)
YBARRA ELEMENTARY (Students: 496; Location: 1300 S. BREA CANYON CUTOFF ROA; Grades: KG - 06)

Private primary/middle schools in Walnut:

CHILDREN'S WORLD LRNG CENTER (Students: 120; Location: 20121 E ALISU; Grades: PK - 3)
INTERNATIONAL SCH OF MONTESORI (Students: 116; Location: 20781 AMAR ROAD UNIT 1; Grades: PK - KG)
KID JUNCTION (Students: 73; Location: 20704 SAN JOSE HILLS RD; Grades: PK - KG)
LA PETITE ACADEMY (Students: 73; Location: 800 FRANCESCA DR.; Grades: PK - KG)
LA PETITE ACADEMY (Students: 73; Location: 630 RODEO WAY; Grades: PK - KG)
WALNUT VALLEY MONTESSORI (Students: 34; Location: 19720 CAMINO DE ROSA; Grades: KG - 5)
HANWOORI SARANG CHURCH (Students: 21; Location: 20813 VARRI VALLEY BLVD; Grades: PK - 3)

Walnut Real Estate

Thursday, April 15, 2010

Walnut Two Level House with Walking Distance to School $665,000

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Walnut City

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