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Listed by Keith Manson Cushman & Wakefield
$4,250,000
Est. payment /mo
14 Beds
8,876 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,876 sqft
Price per Sqft $478
MLS Listing ID 425028480
Bedrooms 14
HOA Y/N No
Year Built 1966
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Multi Family
Property Description
Walnut Terrace is a beautifully renovated, 12-unit turnkey multifamily investment opportunity located in the Heart of Downtown Walnut Creek at 1340 Mt. Pisgah Rd. The property features ten 1-Bed, 1-Bath units & two 2-Bed, 1.5-Bath Units. Built in 1966, the 8,876 sf 3-story structure is situated on a 11,326 SF lot & includes an on-site laundry facility & 13 parking spaces. All 12 units have been renovated with contemporary finishes & nearly $300,000 has been spent on exterior capital improvements including a new roof (2016) & seismic retrofit (2015). The property boasts a 95 Walk Score as most errands can be accomplished on foot. Broadway Plaza, one of the Bay Area's most visited shopping centers, is steps from the Property. There is a plethora of other fantastic dining, shopping, and entertainment options surrounding the property throughout Downtown Walnut Creek. For entertainment, there's the Lesher Center for the Arts, which showcases theater, music, & dance performances. Nearby parks include Civic Park, Howe Homestead Park, & the Famous Mount Diablo State Park. Additionally, the property is steps from the 32-mile Iron Horse Regional Trail that runs through Walnut Creek & connects the cities of Pleasanton & Concord.
Location
State CA
County Contra Costa
Area Walnut Creek
Rooms
Basement Storage Space
Interior
Fireplace No
Window Features Double Pane Windows
Laundry Coin Operated, Common Area
Exterior
Utilities Available Separate Meters (See Remarks)
Roof Type Asphalt,See Remarks
Building
Lot Description Curbs/Gutters, Landscape Front, Sidewalk, Other
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction Yes
Others
Tax ID 1782620155
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