Walnut Terrace is a beautifully renovated, 12-unit turnkey multifamily investment opportunity located in the Heart of Downtown Walnut Creek at 1340 Mt. Pisgah Rd. The property features ten 1-Bed, 1-Bath units & two 2-Bed, 1.5-Bath Units. Built in 1966, the 8,876 sf 3-story structure is situated on a 11,326 SF lot & includes an on-site laundry facility & 13 parking spaces. All 12 units have been renovated with contemporary finishes & nearly $300,000 has been spent on exterior capital improvements including a new roof (2016) & seismic retrofit (2015). The property boasts a 95 Walk Score as most errands can be accomplished on foot. Broadway Plaza, one of the Bay Area's most visited shopping centers, is steps from the Property. There is a plethora of other fantastic dining, shopping, and entertainment options surrounding the property throughout Downtown Walnut Creek. For entertainment, there's the Lesher Center for the Arts, which showcases theater, music, & dance performances. Nearby parks include Civic Park, Howe Homestead Park, & the Famous Mount Diablo State Park. Additionally, the property is steps from the 32-mile Iron Horse Regional Trail that runs through Walnut Creek & connects the cities of Pleasanton & Concord.
For sale
$4,250,000
1340 Mount Pisgah Rd, Walnut Creek, CA 94596
14beds
0baths
8,876sqft
Est.:
Multi Family
Built in 1966
-- sqft lot
$4,048,900 Zestimate®
$479/sqft
$-- HOA
What's special
New roofContemporary finishesExterior capital improvementsSeismic retrofitNearby parks
- 24 days
- on Zillow |
- 607 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 08:31am
Listed by:
Keith Manson DRE #01490046 415-773-3592,
Cushman & Wakefield 213-629-6510,
Zachary Wayne Greenwood DRE #01960296 510-874-1918,
Cushman & Wakefield
Source: SFAR,MLS#: 425028480
Originating MLS: San Francisco Association of REALTORS

Travel times
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 0
Appliances
- Laundry: Coin Operated, Common Area
Features
- Windows: Double Pane Windows
- Basement: Storage Space
Interior area
- Total structure area: 8,876
- Total interior livable area: 8,876 sqft
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony/Deck, Patio
Lot
- Size: 0.26 Acres
- Features: Curbs/Gutters, Landscape Front, Sidewalk, Other
Details
- Parcel number: 1782620155
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt,See Remarks
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1966
Utilities & green energy
- Electric: Separate Meter
- Gas: Separate Meter
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Separate Meters (See Remarks)
Community & HOA
HOA
- Has HOA: No
Location
- Region: Walnut Creek
- Elevation: 0
Financial & listing details
- Price per square foot: $479/sqft
- Price range: $4.3M - $4.3M
- Date on market: 4/9/2025
- Total actual rent: 0
- Tenant pays: Electricity, Gas, Parking Fee, Sewer, Trash Collection, Water
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