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Listed by Shawn Willis • Income Property Services
$1,510,000
Est. payment /mo
8 Beds
4 Baths
3,175 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,175 sqft
Price per Sqft $475
MLS Listing ID CC41121046
Bedrooms 8
Year Built 1961
Lot Size 9,409 Sqft
Property Sub-Type Fourplex
Source Contra Costa Association of Realtors
Property Description
FANTASTIC "ADD VALUE" OPPORTUNITY! LOW RENTS, ALL 2/1, MANY UPDATES AND POTENTIAL FOR AN ADU! PROPERTY NEXT DOOR JUST CLOSED FOR $1,650,000! Baldwin Lane Apartments is a well-located, multi-family property that is being brought onto market for the first time in more than three decades. It represents a rare opportunity to own property in one of the Bay Area's most desirable locations - Walnut Creek. The property is close to BART, shopping, cafes, and coffee shops in Downtown Walnut Creek as well as having highly rated schools. The property is also close to Highways I-680 and 24 and provides access to recreational facilities such as Larkey Park/Pool, Civic Park, and Acalanes Ridge Open Space. The two-story property features uncommon construction details including raised foundations, low maintenance stucco exteriors, pitched composition shingle roofs, garages, common laundry facility, and separate meters for gas and electricity. Some units have had updating in the past several years including some new flooring, some new cabinetry, counters, appliances, windows and window coverings. The units present well, but there is an opportunity to take them to the next level of finishes and details that would likely result in significantly higher rents.
Location
State CA
County Contra Costa
Area Walnut Creek
Zoning MF
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate, Linoleum, Vinyl, Carpet - Wall to Wall
Laundry In Laundry Room, Washer/Dryer - Leased, Community Facility
Exterior
Exterior Feature Stucco
Parking Features Converted, Covered Parking
Garage Spaces 4.0
Building
Sewer Sewer - Public
Water Heater - Gas
Others
Tax ID 171-191-044-6
Special Listing Condition New, Not Applicable
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