Your email has been sent.
2641-2643 Larkey Ln 3.9 Acres of Commercial Land Offered at $2,975,000 in Walnut Creek, CA 94597
Investment Highlights
- Entitled 3.9-acre infill site approved for a 95-unit Assisted Living and Memory Care community or potential residential development.
- Prime infill location in a highly desirable Bay Area community with persistent senior housing demand.
- High barriers to entry support long-term asset value and market stability.
Executive Summary
Property Facts
1 Lot Available
Lot 7
| Price | $2,975,000 | Lot Size | 3.90 AC |
| Price Per AC | $762,820.51 |
| Price | $2,975,000 |
| Price Per AC | $762,820.51 |
| Lot Size | 3.90 AC |
The property is situated in a supply-constrained residential market approximately 1.5 miles from downtown Walnut Creek and Broadway Plaza retail corridor.
Description
2641–2643 Larkey Lane offers 3.90 acres across two parcels in one of the East Bay's most supplyconstrained residential markets. The site's Single-Family Medium General Plan designation (SFM 3.1–6.0 du/ac) supports an immediate, low-friction path to approximately 12–23 single-family or duet homes through Design Review and subdivision — no General Plan Amendment or rezone required. This land asset is suitable for owner-users and developers targeting residential projects in a strong East Bay market. It offers an immediate low-friction development path for single-family or duet homes, with documented potential for multifamily or senior housing projects subject to additional entitlements. Investors can consider entitlement-contingent acquisitions leveraging the City’s preliminary review guidance.
Property Taxes
| Parcel Number | 171-150-001-5 | Improvements Assessment | $0 |
| Land Assessment | $1,995,000 | Total Assessment | $1,995,000 |
Property Taxes
Presented by
2641-2643 Larkey Ln
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.