Search
Duplex with Attached Garages
For Sale
$1,448,000
Pending

1299 Sheppard Ct, Walnut Creek, CA 94598

Residential Income, Walnut Creek, CA

Property Size2,958 SF
Lot Size0.20 Acres
Days on Market48

Property Features for 1299 Sheppard Ct

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 2, Bedroom 3, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 6, Bedroom 4, Bathroom 2
Window features Double Pane Windows
Interior features Cathedral Ceiling(s), Formal Entry
Exterior features Private Entrance
Fencing Fenced
Fireplace 1
Appliances Dryer, Washer
Subdivision Walnut Creek
Lot features Court
Directions Treat to Sheppard to Sheppard Ct.
Standard status Pending
APN 1440300257
Size 2,958 SF
Lot size 0.20 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

indoor laundry
low-maintenance yard

Building Details

Year built 1979
Number of units 2
Flooring type Carpet
Building materials Stucco, Wood Siding
Roof type Composition
Listing Agency: Dudum Real Estate Group
Listed By: Veronica Hidalgo
Added: Sep 8 Changed: Oct 21 Last Checked: Oct 25 at 3:06PM
MLS# 41147192

Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,958-square-foot duplex, built in 1979, contains two residences on a 0.1951-acre parcel. Each unit has an attached two-car garage, indoor laundry, vaulted ceilings, and its own fenced, low-maintenance yard. The property also includes a spacious primary suite with walk-in closets and a private bathroom in each residence. One unit features updated kitchen and bathroom finishes, flooring, and dual-pane windows.

The property is near freeway access, BART, shopping, trails, downtown Walnut Creek, and public and private schools, including Bancroft Elementary, Foothill Middle, Northgate High, De La Salle, and Carondelet.

Key Highlights

  • Two residences totaling 2,958 square feet on 0.1951 acres
  • Attached two‑car garage for each unit
  • Each residence has indoor laundry, vaulted ceilings, and a fenced yard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,644
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,012,880 $1.0M
Cap Rate 7%
$723,486 $723.5K
Cap Rate 9%
$562,711 $562.7K
Market Conditions
NOI Build-Up for 2,958 SF
Gross rent
$76.3K $25.80/SF
− Vacancy
−$4.0K −$1.34/SF
EGI
$72.3K $24.46/SF
− OpEx
−$21.7K −$7.34/SF
NOI
$50.6K $17.12/SF
Area
Contra Costa County, CA
Vacancy
5.20%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,012,880
Cap Rate 7%
$723,486
Cap Rate 9%
$562,711

Alternative Uses

Best Use
Multifamily LT 5
$723.5K
$633.1K – $844.1K (±1% cap)
NOI $50,644 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$671.7K
$587.8K – $783.7K (±1% cap)
NOI $47,022 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$1.12M
$978.4K – $1.30M (±1% cap)
NOI $78,269 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,384
Businesses Nearby

Demographics for 94598, CA

26,826
Population
10,735
Households
2.5
Avg Household Size
46
Median Age
74%
College-Educated
98%
High-School Grad
20.6 sq mi
ZIP Area
1,302
Density / Sq Mi
$188,170
Median Household Income
$99,757
Median Earnings
$2,989
Median Rent
$1,307,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer indoor laundry, vaulted ceilings, and a private yard.
Where is this duplex located?
The property is located at 1299 Sheppard Ct Walnut Creek, CA.
What is the asking price?
The asking price for this property is $1,448,000.
What are key features of this property?
This property features: Two residences totaling 2,958 square feet on 0.1951 acres; Attached two‑car garage for each unit; Each residence has indoor laundry, vaulted ceilings, and a fenced yard
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved