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. 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! Views: Downtown
Courtesy: Investment Real Estate
1282 Carmel Court is a six unit apartment complex located in Walnut Creek. Nicely updated units. All but 1 has inside laundry. 1 unit has private storage and laundry room detached. The property is situated within walking distance to Civic Park, the library and Walnut Creek’s bustling downtown. It provides easy access to the Walnut Creek BART station, Lesher Center for the Arts and freeways connecting the East Bay and San Francisco employment centers. Walnut Creek ranks among the Top 10 Best downtown evirons in the U.S. by ICSC. With its high-income dempographic, strong employment base, excellent transit linkages and popular retail and restaurant destinations, Walnut Creek ranks high on investors’ radar within the region.
Walnut Creek is located in California. Walnut Creek, California has a population of 69,876. Walnut Creek is less family-centric than the surrounding county with 29.4% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Walnut Creek, California is $121,205. The median household income for the surrounding county is $110,455 compared to the national median of $69,021. The median age of people living in Walnut Creek is 47.8 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 39.5 degrees. The average rainfall is approximately 19.6 inches per year, with 0 inches of snow per year.
