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Walnut Creek, CA 94596,1100 Lincoln Ave
Walnut Creek, CA 94596,1100 Lincoln Ave
Walnut Creek, CA 94596,1100 Lincoln Ave
$12,000,000
Est. payment /mo
$12,600,000
4.8%
Est.Price: ?

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0.85 Acres Lot
SOLD DATE : 02/28/2020

Key Details

Sold Price $12,000,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 40890278

Year Built 1962

Annual Tax Amount $160,489

Lot Size 0.850 Acres

Property Description

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.

Location

State CA

County Contra Costa

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Building

Lot Description Sloped Up

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California Regional MLS (CRMLS)
Listed by Richard Martini • Colliers International
Bought with Non-member 999999 • Non-member Office

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