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

December 5, 2019

Listed

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


Buyer Agency Compensation

0.008%

Listed by Richard Martini with Colliers International
Listing Contact: 925-279-4614 

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