Walnut Creek, CA 94596,1100 Lincoln Ave
Walnut Creek, CA 94596,1100 Lincoln Ave
Walnut Creek, CA 94596,1100 Lincoln Ave
Walnut Creek, CA 94596,1100 Lincoln Ave
Walnut Creek, CA 94596,1100 Lincoln Ave
Walnut Creek, CA 94596,1100 Lincoln Ave
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$12,000,000

$12,600,000

4.8%
Est.Price: ?

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Est. payment /mo

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

Sold Date 02/28/20

HOA Y/N No

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)

Fireplace No

Appliance Gas Water Heater

Exterior

Total Parking Spaces 38

Building

Lot Description Sloped Up

Others

Tax ID 178290033

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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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