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Investment Highlights

  • Prime Walnut Creek Location – Quiet, established neighborhood minutes from downtown Walnut Creek, BART, I-680, and CA-24.
  • Modern interiors throughout with stone countertops, laminate flooring, recessed lighting, fireplaces, and forcedair HVAC. SB 721 compliant
  • Expense-Efficient Operations – Individually metered gas and electricity, separate water heaters, and tenants pay PG&E, water, sewer, and trash.
  • Desirable Unit Mix – Primarily 2-bedroom units plus one 3-bedroom unit appealing to long-term renters.
  • In-unit Laundry & On-Site Pool
  • Low-Maintenance Construction – Stucco exterior and pitched asphalt shingle roof minimize long-term capital needs.

Executive Summary

Desert Cir Apartments presents a rare opportunity to acquire a 7-unit multifamily asset in one of Walnut Creek’s most desirable rental submarkets. The two-story, single-building property totals 6,052 rentable square feet and is part of a professionally maintained 72-unit community, offering tenants access to shared amenities while maintaining individual unit appeal.
The property features a highly desirable unit mix consisting primarily of 2-bedroom units, including one 3-bedroom unit, appealing to families and long-term renters. All units have been recently updated, with modern interiors that include laminate flooring, stone countertops, recessed lighting, updated cabinetry, and wood-burning fireplaces. Six of the seven units include full-sized in-unit laundry, further enhancing tenant demand and retention.
Operationally, the asset is investor-friendly, with units individually metered for gas and electricity and separate water heaters for each unit. Tenants are responsible for PG&E, water, sewer, and trash, minimizing owner expenses. The building features a pitched asphalt shingle roof, stucco exterior, forced air HVAC, and assigned covered parking, contributing to reduced long-term maintenance risk. The property has been inspected and certified for SB 721 compliance.
Residents benefit from private balconies or patios, covered and guest parking, and access to community amenities including a swimming pool and on-site laundry facilities. The property is situated in a quiet, well established neighborhood while remaining minutes from downtown Walnut Creek’s shopping, dining, and entertainment offerings.

Property Facts

Price $3,981,961 CAD
Price Per Unit $568,852 CAD
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.31 AC
Building Size 6,046 SF
Average Occupancy 97%
No. Stories 2
Year Built/Renovated 1972/2025
Parking Ratio 1.16/1,000 SF
Zoning R-1, Walnut Creek

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Family Room
  • Freezer

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Pool
  • Property Manager on Site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 4 - -
2+2 2 - -
3+2 1 - -
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
140-040-018-8
Land Assessment
$631,289 CAD
Improvements Assessment
$922,668 CAD
Total Assessment
$1,553,958 CAD
  • Listing ID: 39826032

  • Date on Market: 2026-03-18

  • Last Updated:

  • Address: 1942 Desert Cor, Walnut Creek, CA 94598

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