Chateau Lacassie presents an exceptional investment opportunity to acquire and modernize a well-located apartment complex in one of the Bay Area’s most desirable submarkets - Walnut Creek. With significant upside potential, Chateau Lacassie is ideally positioned for a new owner’s professional reposition as a high-performing asset. • Banked Rent Increases: A significant amount in-place that allows a new owner to quickly enhance revenue. • No Local Rent Control Ordinance: The AB 1482 restrictions allow for 5% + local CPI annual increases, that is 8% for 8/2025-7/2026. • Immediate Value-Add Potential: Three vacant units ready for a touch of modern upgrades that command premium rents. • Turnover Opportunity: As the remaining 13 units turn over, similar modernization can elevate rents to market levels, unlocking full income-producing potential. Nestled in the heart of Walnut Creek, Chateau Lacassie boasts an enviable location that blends urban convenience with suburban charm, featuring a Walk Score of 92 (Walker’s Paradise), Bike Score of 68 (Bikeable) and Transit Score of 55 (Good Transit). • Premier Retail & Shopping: Steps from Broadway Plaza, one of the Bay Area’s most popular open-air shopping destinations, featuring Nordstrom, Tiffany & Co., Crate & Barrel, Tesla, neighborhood staples like Whole Foods, Target and the Sunday Farmers Market. • Dining & Entertainment: Downtown Walnut Creek showcases a thriving entertainment district with 150+ restaurants, cafés and wine bars, complemented by the Lesher Center for the Arts which anchors the city’s cultural landscape with acclaimed performances. • Parks & Recreation: Outdoor enthusiasts enjoy the many nearby parks such as the 16-acre Civic Park and Mount Diablo State Park, golf courses, aquatic centers, and the popular biking and jogging trail - 32-mile Iron Horse Regional Trail. • Transit Connectivity: Minutes from Walnut Creek BART, I-680 and CA-24, which offers quick access throughout the Bay Area –San Francisco, Oakland, Silicon Valley and major international and domestic airports. • Proximity to Major Employers: Including Kaiser Permanente, John Muir Health, Bass Medical Group, Mercedes-Benz, Robert Half, AAA and Chevron, anchoring a strong employment base and consistent rental demand. • Top-Ranked Schools with High Educational Attainment