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.
