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1856 Almond Ave - Almond Avenue 4 Unit Apartment Building Offered at $1,198,000 Walnut Creek, CA 94596
Investment Highlights
- Prime Development Opportunity
- Walnut Creek Downtown Core District
- Upside for Developers, Investors, or End-Users
Executive Summary
Prime Development Opportunity in the Heart of Downtown Walnut Creek. Rare & Versatile Property Includes 1932 Classic Main Residence PLUS (3) Detached Existing Studios with Full Bathrooms (ALL VACANT). Substantial Development Potential in a High-Demand Area Located in the Vibrant Core Downtown District. The Separate Existing (3) Units Offer Rental Income or Flexibility for Expansion, In-Law Suites or Home Office - Endless Possibilities and Cash Flow Potential. Expand Main Residence on Expansive Lot. Significant Upside for Developers, Investors, or End-Users Seeking to Expand or Reimagine. Walking Distance to Broadway Plaza's Upscale Shopping & Dining, Multiple BART Stations, Top-Rated Schools, Parks, Entertainment, and Ongoing Urban Growth. Don't Miss This Unmatched Location. Buyer to Verify All Zoning, Planning, & Permit Process with City of Walnut Creek on Requirements/Use. A Historic Evaluation is Required with City before Submitting Plans for Improvements on Main 1932 House. Opportunities like this don't last long!
Property Facts Under Contract
| Price | $1,198,000 | Lot Size | 0.17 AC |
| Price Per Unit | $299,500 | Building Size | 1,930 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1932 |
| Price | $1,198,000 |
| Price Per Unit | $299,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.17 AC |
| Building Size | 1,930 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1932 |
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Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 178-110-007-6 | Improvements Assessment | $200,000 |
| Land Assessment | $824,000 | Total Assessment | $1,024,000 |
Property Taxes
Parcel Number
178-110-007-6
Land Assessment
$824,000
Improvements Assessment
$200,000
Total Assessment
$1,024,000
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1856 Almond Ave - Almond Avenue
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