4-Unit Quadplex with Renovated
New
For Sale
$1,700,000
1402 Creekside Drive, Walnut Creek, CA 94596
ResidentialIncome, WalnutCreek, CA
Property Size3,441 SF
Lot Size0.04 Acres
Price / SF$494.04
Days on Market2
Property Features for 1402 Creekside Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
M1
Parking
4
Fireplace
1
Appliances
CooktopElectric, Dishwasher, GarbageDisposal, HoodOverRange, OvenElectric, Refrigerator, WasherDryer
Elementary school
WalnutCreekElementary
High school
AcalanesUnionHigh
Elementary school district
WalnutCreekElementary
High school district
AcalanesUnionHigh
Subdivision
WalnutCreek
Standard status
Active
APN
183-080-022-1
Size
3,441 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
20154
HOA Fee
$2,000 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Fireplace(s), Forced Air
Water source
Public
Amenities
on-site laundry
Building Details
Year built
1973
Floors in Building
1
Number of units
4
Roof type
Shingle
Listing Agency:
eXp Realty of California Inc
(888) 584-9427
Listed By:
Jessie Zhong · License #02168605
(408) 701-7984
Added: Nov 5
Last Checked: Nov 6 at 1:06PM
MLS# ML82066656
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3,441-square-foot quadplex contains four renovated residences and is being offered vacant. The unit mix includes two 1-bedroom, 1-bathroom homes, one 2-bedroom, 1.5-bathroom home, and one 3-bedroom, 1.5-bathroom home. New appliances, on-site laundry, and parking are among the property’s features. Built in 1973, the building has M1 zoning.
The property is near the Iron Horse Trail and downtown Walnut Creek, with BART and I-680 also nearby. Public water and sewer serve the site.
The property is near the Iron Horse Trail and downtown Walnut Creek, with BART and I-680 also nearby. Public water and sewer serve the site.
Key Highlights
- Four residences totaling 3,441 square feet
- Unit mix: two 1BR/1BA, one 2BR/1.5BA, and one 3BR/1.5BA
- All units remodeled and delivered vacant with new appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,913
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,178,260
$1.2M
Cap Rate 7%
$841,614
$841.6K
Cap Rate 9%
$654,589
$654.6K
Market Conditions
NOI Build-Up for 3,441 SF
Gross rent
$88.8K $25.80/SF
− Vacancy
−$4.6K −$1.34/SF
EGI
$84.2K $24.46/SF
− OpEx
−$25.2K −$7.34/SF
NOI
$58.9K $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%
$1,178,260
Cap Rate 7%
$841,614
Cap Rate 9%
$654,589
Alternative Uses
Best Use
Multifamily LT 5
$841.6K
$736.4K – $981.9K
NOI $58,913 @ 7.0% cap · market cap 3.47%
Second Best
Apartment 5plus
$781.4K
$683.8K – $911.7K
NOI $54,700 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,049 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,650
Businesses Nearby
Explore this area
Business Placement
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
$1,245,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Contra Costa County, CA
Properties on Market for Quadplexes in Contra Costa County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are vacant, with updated interiors and appliances ready for occupancy or leasing.
Where is this quadplex located?
The property is located at 1402 Creekside Drive Walnut Creek, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Four residences totaling 3,441 square feet; Unit mix: two 1BR/1BA, one 2BR/1.5BA, and one 3BR/1.5BA; All units remodeled and delivered vacant with new appliances
