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Walnut Creek Six-Unit Apartment Complex
For Sale
$2,099,000

1282 Carmel Ct, Walnut Creek, CA 94596

Six-unit apartment complex in Walnut Creek near downtown.

Property Size3,648 SF
Price / SF$575.38
Days on Market183

Property Features for 1282 Carmel Ct

General Information

Standard status Active
Size 3,648 SF
Property subtype 5 or More Units

Building Details

Building Size 3,648 SF
Year Built 1955
Listing Agency: RE/MAX Accord
Listed By: Todd Carter, · License #1235456
Source: Remaxaccord
Added: Mar 5 Changed: Sep 3 Last Checked: Sep 4 at 12:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Accord

Investment Insights

Based on property information with market context.

The property at 1282 Carmel Court is a six-unit apartment complex located in Walnut Creek. The units are updated, and all but one have inside laundry. One unit features private detached storage and a laundry room. The property is within walking distance of Civic Park, the library, and downtown Walnut Creek. It provides access to the Walnut Creek BART station, Lesher Center for the Arts, and freeways connecting to East Bay and San Francisco employment centers. The property size is 3648 square feet. Walnut Creek is considered one of the Top 10 Best downtown environments in the U.S. by ICSC and is attractive to investors due to its high-income demographic, strong employment base, transit linkages, and retail and restaurant destinations.

Key Highlights

  • Prime location: Walking distance to Civic Park, library, and downtown Walnut Creek.
  • Convenient transportation: Easy access to Walnut Creek BART station and freeways.
  • Strong rental market: Walnut Creek is a highly desirable area for renters.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Mobile Phone Store Grocery & Convenience Store Storage Facility Fish Market Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,841
Businesses Nearby

Demographics for 94596, CA

22,861
Population
11,242
Households
2
Avg Household Size
40
Median Age
70%
College-Educated
97%
High-School Grad
6.1 sq mi
ZIP Area
3,748
Density / Sq Mi
$137,660
Median Household Income
$72,311
Median Earnings
$2,471
Median Rent
$1,245,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six-unit apartment complex in Walnut Creek near downtown.
Where is this apartment building located?
The property is located at 1282 Carmel Ct Walnut Creek, CA.
What is the asking price?
The asking price for this property is $2,099,000.
What are key features of this property?
This property features: Prime location: Walking distance to Civic Park, library, and downtown Walnut Creek.; Convenient transportation: Easy access to Walnut Creek BART station and freeways.; Strong rental market: Walnut Creek is a highly desirable area for renters.
More about this property
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