Sold
1100 Lincoln Ave
Walnut Creek CA, 94596
$12,000,000
$494.48 per sqft
Sold
24,268 sqft
Commercial
Built in 1962
Colliers International, as Exclusive Advisor is pleased to present the opp. to acquire Lincoln Terrace, a 36-unit apt community located in Walnut Creek, CA. Built in 1962 and situated on a .85 AC parcel, the prop. includes +-24,268 SF of net rentable space. The nicely landscaped grounds with community swimming pool offers residents mostly renovated units, an ideal walkable location with a Walk Score of 93 only minutes from the thriving downtown Walnut Creek retail and dining experience. The prop. is located less than a mile from the Walnut Creek BART station affording residents convenient access to the major employment centers of Oakland and San Francisco. Lincoln Terrace offers investors the opp. to add-value by continuing the reno. program previously begun by current ownership. The unit mix includes twenty-eight, 1 bedroom/1 bath units comprised of two floor plans that avg +-625 SF, and eight, 2 bedroom/1 bath units at +-865 SF. The units are sep. metered for gas/electric.
40890278
MLSⓇ ID
February 15, 2024
Updated
Map
1100 Lincoln Ave
Walnut Creek CA, 94596
Interior Features
Interior Features
Updated Baths, Updated Kitchen, Storage
Appliances
Dishwasher, Disposal, Free-Standing Range, Refrigerator, Gas Water Heater
Laundry Description
Common Area, Laundry Equip - Leased
Floor Description
Laminate, Partial Carpeting, Vinyl, Carpet, Engineered Wood
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.85 Acres
Lot Features
Sloped Up
Roof
Unknown
Sewer
Public Sewer
Other Property Details
Area Name
Walnut Creek
Garage
No
Parking
Covered, Space Per Unit - 1
View
No
County
Contra Costa
Water Source
Public
Pool
No
Listed by Richard Martini with Colliers International
Listing Contact: 925-279-4614
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