# House Hacking in Walnut Creek (94597): The county's flagship TOD at Pleasant Hill BART · The Rent Hacker

> Walnut Creek 94597 for house hackers: The county's flagship TOD is in-ZIP: Contra Costa Centre Transit Village (125 acres, about 1.75M sqft office, a 3,000-un

Canonical: https://therenthacker.com/house-hacking/contra-costa-centre-94597/
Source: The Rent Hacker (https://therenthacker.com/). License: RSL, attribution required — https://therenthacker.com/license.xml

---

[East Bay guide](/house-hacking/east-bay/) · Tier A · Rank #24 of 87

# House hacking in Walnut Creek (Contra Costa Centre / Pleasant Hill BART).

The county's flagship TOD is in-ZIP: Contra Costa Centre Transit Village (125 acres, about 1.75M sqft office, a 3,000-unit buildout target) at Pleasant Hill BART. The purest TOD ZIP in the county.

## What's actually happening in 94597

-   Active TOD buildout
    
    Contra Costa Centre Transit Village at Pleasant Hill BART: 125 acres, about 1.75M sqft office, a 3,000-unit buildout target. [Contra Costa County](https://www.contracosta.ca.gov/DocumentCenter/View/4272/Pleasant-Hill-bart-Specific-Plan)
    
-   In entitlement
    
    1340 Treat office-to-residential conversion (400 units). Contra Costa County
    
-   Delivered
    
    Del Hombre (284 units). Contra Costa County
    

## The numbers

Median price

~$750K (city proxy)

Market rent

2bd $2,600 / 3bd $3,200 whole-home (underwriting band)

Property tax (Contra Costa County)

~1.10–1.20% new-purchase (JVM; the favorable end of the metro range)

Per-bed rent band

$1,050–1,450/mo per bed

ADU rent band

$2,000–2,600/mo

Whole-home rent band

2bd $2,600 / 3bd $3,200 whole-home

Underwriting vacancy

5% underwriting vacancy

Appreciation scenarios

1.5 / 3.0 / 4.5 %/yr (conservative / base / upside)

Purest TOD ZIP in the county (RVH/MUH densities); newer stock. Appreciation basis: Flagship TOD; newer stock at low-to-mid capex. Rent bands are city-level medians; confirm the specific parcel before trusting any of them. [Run your own scenario in the calculator](/calculator/).

## Buildings we underwrote in 94597

1 building in 94597 carry a record. 0 beat renting and index funds; the rest did not. Every row links to its own page, with the numbers it was scored on.

Property

At our defaults

Status

[2312 San Juan Ave](/property/rh-vofbk9/2312-san-juan-ave/) 2 units · $1,387,500

−$806,208 S&P 500

Underwritten — the index wins at our defaults

The full [board](/board/) shows every region's current week; this table is every record we hold for 94597, newest basis first.

## The house-hack angle

Pure TOD play: room rentals and small multifamily inside the transit-village walkshed; newer stock keeps capex low-to-mid.

## What breaks it

-   1340 Treat is entitlement-stage: no conversion capital placed yet
-   City-proxy figures: re-comp at the property level
-   Flat county population caps appreciation: pencil on rent coverage

This page is the standing analysis. The weekly part, actual Walnut Creek-area listings that pass the math, lands on the East Bay board every Wednesday.

[This week's East Bay board](/board/sf-east-bay/)

[This week's East Bay board](/board/sf-east-bay/) · [Read past East Bay issues](/issues/sf-east-bay/) · [Every pick, on the record](/track-record/) · [How a deal becomes a pick](/methodology/)

Data synthesized 2026-07-04, catalysts re-verified 2026-07-15. Mortgage-rate basis: 6.43% (Freddie Mac PMMS, week of 2026-07-02). Sources are the public planning documents and market listings named above, fetched on the synthesis date. Nothing here is investment advice; every deal needs a bindable insurance quote and parcel-level verification.