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Listed by Keith Manson Cushman & Wakefield
$4,200,000
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 $473
MLS Listing ID 425086311
Bedrooms 14
HOA Y/N No
Year Built 1966
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Multi Family
Property Description
The Cushman & Wakefield Northern California Multifamily Capital Markets Team, is pleased to offer for sale Walnut Terrace, a beautifully renovated, 12-unit turnkey multifamily investment opportunity located in the Heart of Downtown Walnut Creek at 1340 Mt. Pisgah Road. The property features ten 1-Bed, 1.25-Bath units and 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 apartment 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 (Walker's Paradise) & a 65 Bike Score (Bikeable) as most errands can be accomplished on foot. Broadway Plaza, one of the Bay Area's most visited premier luxury shopping centers, is just steps from the Property. There is a plethora of other fantastic dining, shopping, and entertainment options surrounding the property throughout Downtown Walnut Creek. The property is proximate to some of the East Bay's top employers including Kaiser Permanente, John Muir Health, Safeway, Workday, and Chevron, among many others.
Location
State CA
County Contra Costa
Area Walnut Creek
Interior
Heating Central, Gas
Flooring Carpet, Vinyl
Fireplace No
Appliance Dishwasher, Free-Standing Electric Range, Free-Standing Refrigerator
Laundry Coin Operated, Common Area
Exterior
Roof Type Asphalt
Total Parking Spaces 13
Building
Lot Description Curb(s), Curbs/Gutters, Sidewalk, Other
Story 2
Level or Stories Two
New Construction Yes
Others
Tax ID 1782620155
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