1856 Almond Ave - Multi-Family FOR SALE


Walnut Creek, CA 94596- Downtown Walnut Creek
$1,198,000 USD
925-963-0569
1856 Almond Ave, Walnut Creek, CA for Sale
$1,198,000 USD
Multi-Family - FOR SALE
1/28
null | Request Cap Rate

1856 Almond Ave
Walnut Creek, CA 94596
Downtown Walnut Creek


HIGHLIGHTS

  • Prime Development Opportunity
  • Upside for Developers, Investors, or End-Users
  • Walnut Creek Downtown Core District

OVERVIEW

Prime Development Opportunity in the Heart of Downtown Walnut Creek. Rare & Versatile Property Includes 1932 Classic Main Residence PLUS (3) Detached Existing Studios with Full Bathrooms (ALL VACANT). Substantial Development Potential in a High-Demand Area Located in the Vibrant Core Downtown District. The Separate Existing (3) Units Offer Rental Income or Flexibility for Expansion, In-Law Suites or Home Office - Endless Possibilities and Cash Flow Potential. Expand Main Residence on Expansive Lot. Significant Upside for Developers, Investors, or End-Users Seeking to Expand or Reimagine. Walking Distance to Broadway Plaza's Upscale Shopping & Dining, Multiple BART Stations, Top-Rated Schools, Parks, Entertainment, and Ongoing Urban Growth. Don't Miss This Unmatched Location. Buyer to Verify All Zoning, Planning, & Permit Process with City of Walnut Creek on Requirements/Use. A Historic Evaluation is Required with City before Submitting Plans for Improvements on Main 1932 House. Opportunities like this don't last long!

FOR SALE DETAILS

PRICE

$1,198,000 USD

PRICE/SF

$621 USD /SF

# OF UNITS

4

PRICE/UNIT

$299,500

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Almond Avenue

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1932

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

178-110-007-6

ASK ABOUT THIS PROPERTY

Mike CareyInvestment Real Estate CompanyMore Info
925-963-0569

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Mike CareyInvestment Real Estate CompanyMore Info
925-963-0569

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.