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Renovated 6-Unit Apartment Building
For Sale
$2,225,000

2702 Jones Road Walnut, Walnut Creek, CA 94597

Updated residences feature private yards, balconies, detached carports, and central heating and air conditioning.

Property SizeContact for details
Lot Size0.34 Acres
Days on Market52

Property Features for 2702 Jones Road Walnut

General Information

Standard status Active
Total Parking Spaces 9
Lot size 0.34 Acres
Property subtype Multi-Family

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 1 x 3BR/2BA, 2 x 2BR/2BA, 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 6

Amenities

private yards
balconies
Central Forced Air
Washer/Dryer
Water - Public, Composition, Mansard

Building Details

Year Built 1970
Buildings 1
Listing Agency: Newmark Cornish & Carey
Listed By: Justin Bautista
Source: Kw
Added: Jun 18 Changed: Aug 8 Last Checked: Aug 8 at 2:07AM

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 Newmark Cornish & Carey

Investment Insights

Based on property information with market context.

This 6-unit apartment property, built in 1970, includes a varied unit mix of one 3x2, two 2x2, two 2x1, and one 1x1 residences. Each unit has been renovated, with private yards and balconies adding outdoor space. Building improvements include copper plumbing, a new roof, forced-air heating and air conditioning, public water, and washer/dryer facilities. The property also includes nine detached carports on a 15,000-square-foot lot.

The Walnut Creek location offers access to BART, the Iron Horse Trail, shopping, and downtown Walnut Creek. Highways 680 and 24 are nearby, supporting regional connectivity.

Key Highlights

  • Six‑unit apartment building with a mix of one 3x2, two 2x2, two 2x1, and one 1x1 units
  • All units renovated with private yards and balconies
  • Nine detached carports included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Bakery Pharmacy Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,437
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Updated residences feature private yards, balconies, detached carports, and central heating and air conditioning.
Where is this apartment building located?
The property is located at 2702 Jones Road Walnut Walnut Creek, CA.
What is the asking price?
The asking price for this property is $2,225,000.
What are key features of this property?
This property features: Six‑unit apartment building with a mix of one 3x2, two 2x2, two 2x1, and one 1x1 units; All units renovated with private yards and balconies; Nine detached carports included
More about this property
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