Walnut Creek Senior Housing
For Sale
$3,100,000
2641 Larkey Ln, Walnut Creek, CA 94597
3.9 acres in Walnut Creek for senior housing development.
Property Size169,884 SF
Lot Size3.90 Acres
Price / SF$18.25
Days on Market200
Property Features for 2641 Larkey Ln
General Information
Standard status
Active
Property type
Assisted living facilities, Other land, Healthcare properties, Land
Size
169,884 SF
Lot size
3.90 Acres
Listed By:
Bam Team Re
(415) 802-1400
Added: Mar 28
Investment Insights
Based on property information with market context.
Located in Walnut Creek, CA, the property at 2641 Larkey Lane offers 3.9 acres of land. Zoned PD, it presents a potential opportunity for a 95-unit Assisted Living + Memory Care community. The location is in one of the East Bay's premier business locations, near Broadway Plaza and the Lesher Center for the Arts. The area includes parks, schools, and a business community. The property is positioned in a supply-constrained Bay Area market with limited competing senior housing inventory. The affluent, aging population is expected to drive long-term demand. The 95 units are optimized for construction feasibility. Potential exit strategies include build-to-hold, recapitalization, or selling the stabilized asset.
Key Highlights
- Rare senior housing land opportunity in a supply‑constrained market
- Entitlement momentum in place – Defined approval pathway significantly reduces development risk
- Supply‑constrained Bay Area market – Limited competing senior housing inventory
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
449
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 94597, CA
23,661
Population
11,262
Households
2.1
Avg Household Size
39
Median Age
66%
College-Educated
96%
High-School Grad
4.1 sq mi
ZIP Area
5,771
Density / Sq Mi
$142,685
Median Household Income
$79,278
Median Earnings
$2,557
Median Rent
$986,700
Median Home Value
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Similar Off Market Nearby
- La Casa Verde — 1405 Camino Verde, Walnut Creek, CA 94597
- Amaryillus Assisted Living — 2491 mallard dr, walnut creek, ca 94597
- Harmony Home Care, Walnut Creek — 1621 3rd Ave, Walnut Creek, CA 94597
- Cypress Manor Guest Home — 1712 Geary Rd, Walnut Creek, CA 94597
- The Kensington at Walnut Creek — 1580 Geary Rd, Walnut Creek, CA 94597
Frequently Asked Questions
What type of property is this?
Assisted living facility - 3.9 acres in Walnut Creek for senior housing development.
Where is this assisted living facility located?
The property is located at 2641 Larkey Ln Walnut Creek, CA.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Rare senior housing land opportunity in a supply‑constrained market; Entitlement momentum in place – Defined approval pathway significantly reduces development risk; Supply‑constrained Bay Area market – Limited competing senior housing inventory
