$3,750,000

A+ Location! Walk to downtown - Significant upside potential! The Mt. Pisgah Apartments, located at 1465 Mt. Pisgah Road, Walnut Creek, is a clean, well-located, multi-family property that has been carefully maintained and is now being brought to market. It represents a rare opportunity to own property in one of the Bay Area’s most desirable locations — Walnut Creek. The property is within walking distance of BART, shopping, cafes, and coffee shops in Downtown Walnut Creek as well as highly rated schools. The property is also close to Highways I-680 and 24 and provides access to recreational facilities such as Civic Park and Shell Ridge Open Space. The two-story building features uncommon construction details that include a concrete slab foundation with a portion of raised perimeter, low maintenance stucco exterior, pitched tar & gravel roof, carports, additional storage for residents, complex laundry facility, and separate meters for gas and electricity. The property has well-designed floor plans and a mix of easy to rent units. Residents have access to the beautiful courtyard and laundry facilities. The units have been updated in the past several years and most have new LVP flooring, updated granite countertops, stainless steel and black appliances, refaced cabinetry with new hardware, and plumbing and light fixtures including decora light switches. The bathrooms have also been updated, and most units feature paneled doors. Walnut Creek is a highly desirable city located about 24 miles East of San Francisco. Served by public transit including BART with two stations and located at the intersection of Highway 24 and Interstate 680, the location offers close proximity to San Francisco, Oakland and most of the Bay Area. Considered a “blend of upscale suburban living with urban convenience,” the city is home to Broadway Plaza, one of the top-rated shopping centers in the Bay Area anchored by Nordstrom, Macy’s, Apple, H&M and Zara. The city has a walkable downtown area with abundant boutiques, cafes and restaurants. It is home to the Lesher Center for the Arts, which offers year-round entertainment in the form of concerts, plays and special events. The city also boasts top rated schools from elementary, middle and high schools near most neighborhoods. California State University, East Bay campus is located just a short drive from Walnut Creek as well. Despite the urban conveniences, Walnut Creek also has more than 3,000 acres of open spaces.