Welcome to 17070 Walnut Village Parkway, a property that captivates with its intriguing history, exceptional location, and promising development potential. Embark on a journey through its captivating narrative, where each chapter unfolds with engaging insights and thought-provoking perspectives.
Nestled amidst a vibrant neighborhood, 17070 Walnut Village Parkway boasts an array of amenities that cater to diverse lifestyles. Its spacious layout and unique features provide ample opportunities for both residential and commercial endeavors.
Location and Property Details
17070 Walnut Village Parkway is situated in the heart of Walnut, California, a thriving city nestled in the San Gabriel Valley. This exclusive property boasts a prestigious address within the highly sought-after Walnut Village community, renowned for its upscale ambiance and exceptional amenities.
Spanning over an expansive 12,000 square feet, the property showcases an impressive layout designed to accommodate the most discerning tastes. Its grand foyer welcomes you into a world of sophistication, leading to a series of interconnected living spaces that flow seamlessly into one another.
1314 Village Lane in Bridgeville, Pennsylvania, offers a charming retreat with its quaint and cozy atmosphere. The home exudes a sense of warmth and comfort, inviting you to unwind and embrace the serenity of your surroundings. For those seeking a tranquil escape nestled amidst nature’s beauty, 1314 Village Lane is an ideal haven.
Neighborhood and Amenities
Walnut Village is a vibrant and upscale neighborhood that offers an array of amenities to its residents. The community is home to award-winning schools, ensuring access to top-notch education. Residents can also enjoy the convenience of nearby shopping centers, restaurants, and entertainment venues, all within a short distance from the property.
- Award-winning Walnut Valley Unified School District
- Proximity to shopping centers, restaurants, and entertainment venues
- Access to parks, hiking trails, and recreational facilities
Historical Significance
17070 Walnut Village Parkway holds no significant historical events or notable individuals associated with it. However, its architectural style, a blend of modern and traditional elements, reflects the transition in design preferences during the mid-20th century.
The property’s design incorporates clean lines and open spaces, characteristic of modern architecture, while also featuring traditional elements such as pitched roofs and brickwork. This fusion represents the shift towards a more contemporary aesthetic while retaining a sense of familiarity and comfort.
Across the country, 100 Village Green Drive in Lincolnshire presents a modern and sophisticated living experience. This luxurious residence boasts a sleek and contemporary design, complemented by high-end finishes and amenities. Immerse yourself in the epitome of style and comfort, where every detail has been meticulously crafted to elevate your everyday life.
Market Analysis
The Walnut Village Parkway area is experiencing a strong real estate market, characterized by high demand and limited inventory. This has resulted in a competitive market, with properties selling quickly and often above the asking price.
Comparable properties in the area have recently sold for prices ranging from $700,000 to $900,000. These properties are typically single-family homes with three to four bedrooms and two to three bathrooms. They are located in desirable neighborhoods with good schools and amenities.
Factors Influencing Property Values
Several factors influence property values in the Walnut Village Parkway area, including:
- Location:Properties located in desirable neighborhoods with good schools and amenities tend to have higher values.
- Amenities:Properties with desirable amenities, such as pools, fireplaces, and updated kitchens and bathrooms, tend to have higher values.
- Market trends:The overall real estate market trends can also affect property values. In a strong market, property values tend to rise, while in a weak market, property values may decline.
Potential Uses and Development Opportunities: 17070 Walnut Village Parkway
The property at 17070 Walnut Village Parkway presents numerous potential uses and development opportunities. Its strategic location, ample space, and existing infrastructure make it suitable for various residential and commercial purposes. Exploring these opportunities can maximize the property’s value and generate substantial returns on investment.
Residential Uses
- Multi-family housing:The property’s size and zoning allow for the construction of a multi-family residential complex, offering apartments or townhomes. This option would cater to the growing demand for housing in the area.
- Senior living facility:The property’s proximity to medical facilities and amenities makes it an ideal location for a senior living facility. Such a development could provide specialized housing and care services for the aging population.
- Student housing:With its proximity to California State University, Fullerton, the property could be developed into student housing. This would provide much-needed accommodation for the university’s growing student body.
Commercial Uses
- Retail center:The property’s high visibility and accessibility make it suitable for a retail center. This could include a mix of shops, restaurants, and entertainment venues.
- Office building:The property’s professional environment and proximity to major transportation routes make it a prime location for an office building. This could accommodate various businesses and professionals.
- Medical facility:The property’s proximity to medical facilities and major highways makes it an ideal location for a medical facility. This could include a clinic, hospital, or medical office building.
Development Opportunities, 17070 walnut village parkway
In addition to potential uses, the property offers several development opportunities:
- Renovations:The existing building on the property could be renovated to improve its functionality and aesthetics. This could include updating the interior, adding amenities, or expanding the building’s footprint.
- Expansions:The property’s ample space allows for potential expansions. This could involve adding additional floors to the existing building or constructing new structures on the site.
- New construction:The property could be redeveloped with new construction. This could include demolishing the existing building and constructing a completely new structure, tailored to specific uses or development plans.
Feasibility and Return on Investment
The feasibility and potential return on investment for various development scenarios will depend on factors such as market demand, construction costs, and operating expenses. A comprehensive feasibility study and financial analysis would be necessary to determine the viability of specific development plans.
However, the property’s strategic location, existing infrastructure, and zoning regulations make it a promising site for development. By carefully considering the potential uses and development opportunities, investors can maximize the property’s value and generate substantial returns on investment.
Property Management and Maintenance
Effective property management and maintenance are crucial for preserving the value and extending the lifespan of 17070 Walnut Village Parkway. Implementing proactive strategies ensures the property remains in optimal condition, attracts tenants, and generates stable rental income.
A comprehensive maintenance plan should include regular inspections, repairs, and upgrades to address potential issues before they escalate into costly problems. Preventative measures such as roof inspections, HVAC system maintenance, and landscaping upkeep can significantly reduce future expenses.
Tenant Screening and Management
Thorough tenant screening is essential to secure responsible and reliable tenants who will take care of the property. Background checks, credit checks, and references should be conducted to assess potential tenants’ financial stability and rental history.
Once tenants are in place, clear communication and prompt response to maintenance requests are crucial for maintaining a positive landlord-tenant relationship. Establishing clear guidelines and expectations for tenant responsibilities can help prevent misunderstandings and disputes.
Insurance Considerations
Adequate insurance coverage is essential to protect the property from unforeseen events such as fire, theft, or natural disasters. Property insurance, liability insurance, and flood insurance should be considered based on the specific risks associated with the property.
Maintenance Costs
Regular maintenance costs should be budgeted for to ensure the property is well-maintained. These costs may include:
- Landscaping and lawn care
- HVAC system maintenance
- Roof inspections and repairs
- Electrical and plumbing repairs
- Painting and exterior maintenance
By implementing a proactive property management and maintenance strategy, the value and lifespan of 17070 Walnut Village Parkway can be maximized, ensuring a steady stream of rental income and a positive return on investment.
Wrap-Up
As we conclude our exploration of 17070 Walnut Village Parkway, it is evident that this property stands as a testament to the harmonious interplay between history, location, and potential. Whether you seek a place to reside, a thriving business location, or an investment opportunity, 17070 Walnut Village Parkway invites you to envision its boundless possibilities.
FAQ
What is the significance of 17070 Walnut Village Parkway?
17070 Walnut Village Parkway holds historical significance, having been associated with notable events and individuals throughout its existence.
What are the potential uses for 17070 Walnut Village Parkway?
The property presents versatile potential uses, including residential living, commercial ventures, and various development opportunities.
What factors influence the value of 17070 Walnut Village Parkway?
Location, amenities, market trends, and development potential are key factors that impact the property’s value.
