CA > Walnut Creek
Walnut Creek, CA 94596,1770 Carmel DR
Walnut Creek, CA 94596,1770 Carmel DR
Walnut Creek, CA 94596,1770 Carmel DR
Walnut Creek, CA 94596,1770 Carmel DR
Walnut Creek, CA 94596,1770 Carmel DR
Walnut Creek, CA 94596,1770 Carmel DR
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Leo Quinones

Leo Quinones

+1(415) 707-0755
Listed by Keith Manson Cushman & Wakefield
$ 11,975,000
Est. payment | /mo

50 Beds

26,250 SqFt

Save
$ 11,975,000
Est. payment | /mo
Save

50 Beds

26,250 SqFt

Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

Square Footage 26,250 sqft

Price per Sqft $456

MLS Listing ID 425028869

Bedrooms 50

HOA Y/N No

Year Built 1973

Lot Size 0.800 Acres

Acres 0.8

Property Sub-Type Mixed Use

Property Description

Carmel Pines is a 50-unit value-add apartment community located at 1770 Carmel Dr. in Downtown Walnut Creek, CA. Built in 1973 as a senior apartment community, the property has been operated as such since its completion. However, there is no deed restriction on title limiting the tenant base to seniors, providing potential flexibility for future repositioning. This is a rare opportunity to acquire a well-located multifamily asset in one of the Bay Area's most desirable submarkets, offering strong rental demand, excellent connectivity, and proximity to premier shopping, dining, & entertainment options. Situated on an 0.80-acre lot, Carmel Pines consists of one 3-story residential building & a single-story leasing office and community room, totaling 26,250 SF. The property features fifty 1-bed, 1-bath units, averaging 525 SF, with on-site amenities including a laundry facility, a passenger elevator, & 14 off-street parking spaces. The roof was replaced in 2016, and the main electrical service panel was upgraded in 2009, ensuring a well-maintained infrastructure for future ownership. The Property benefits from an unbeatable downtown Walnut Creek location, just 1/2-mile from Broadway Plaza, the region's premier luxury shopping destination.

Location

State CA

County Contra Costa

Area Walnut Creek

Interior

Heating Wall Furnace

Cooling Individual, Wall Unit(s)

Fireplace No

Laundry Coin Operated, Common Area

Exterior

Roof Type Asphalt

Total Parking Spaces 14

Building

Lot Description Curbs/Gutters, Sidewalk, Other

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Others

Tax ID 1783600057

San Francisco MLS - SFAR
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+1(415) 707-0755

leo@living7x7.com

2501 Mission St, San Francisco, CA, 94110, USA

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1770 Carmel DR