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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