1942 Desert Circle 1942 Desert Cor 7 Unit Apartment Building $2,900,000 ($414,286/Unit) Walnut Creek, CA 94598

Desert Cir Apartments presents a rare opportunity to acquire a 7-unit multifamily asset in one of Walnut Creek’s most desirable rental submarkets. The two-story, single-building property totals 6,052 rentable square feet and is part of a professionally maintained 72-unit community, offering tenants access to shared amenities while maintaining individual unit appeal.
The property features a highly desirable unit mix consisting primarily of 2-bedroom units, including one 3-bedroom unit, appealing to families and long-term renters. All units have been recently updated, with modern interiors that include laminate flooring, stone countertops, recessed lighting, updated cabinetry, and wood-burning fireplaces. Six of the seven units include full-sized in-unit laundry, further enhancing tenant demand and retention.
Operationally, the asset is investor-friendly, with units individually metered for gas and electricity and separate water heaters for each unit. Tenants are responsible for PG&E, water, sewer, and trash, minimizing owner expenses. The building features a pitched asphalt shingle roof, stucco exterior, forced air HVAC, and assigned covered parking, contributing to reduced long-term maintenance risk. The property has been inspected and certified for SB 721 compliance.
Residents benefit from private balconies or patios, covered and guest parking, and access to community amenities including a swimming pool and on-site laundry facilities. The property is situated in a quiet, well established neighborhood while remaining minutes from downtown Walnut Creek’s shopping, dining, and entertainment offerings.