1340 MT Pisgah Rd, Walnut Creek, CA

About this home

The Cushman & Wakefield Northern California Multifamily Capital Markets Team, is pleased to offer for sale Walnut Terrace, a beautifully renovated, 12-unit turnkey multifamily investment opportunity located in the Heart of Downtown Walnut Creek at 1340 Mt. Pisgah Road. The property features ten 1-Bed, 1.25-Bath units and two 2-Bed, 1.5-Bath Units. Built in 1966, the 8,876 sf 3-story structure is situated on a 11,326 SF lot & includes an on-site laundry facility & 13 parking spaces. All 12 apartment units have been renovated with contemporary finishes & nearly $300,000 has been spent on exterior capital improvements including a new roof (2016) & seismic retrofit (2015). The property boasts a 95 Walk Score (Walker's Paradise) & a 65 Bike Score (Bikeable) as most errands can be accomplished on foot. Broadway Plaza, one of the Bay Area's most visited premier luxury shopping centers, is just steps from the Property. There is a plethora of other fantastic dining, shopping, and entertainment options surrounding the property throughout Downtown Walnut Creek. The property is proximate to some of the East Bay's top employers including Kaiser Permanente, John Muir Health, Safeway, Workday, and Chevron, among many others.

Listed by

Property details

Price

$4,200,000

Bedrooms

14

Bathrooms

0

Interior

8,876 sqft

Price / sqft

$473

Year built

1966

Lot size

11,326 sqft

Type

Multi-Family

Days on market

193

Est. property tax

$31,500/yr · $2,625/mo · 0.75% CA avg

Last sold

$1,481,000 · Oct 2014

Estimated monthly payment

Price history

1. Nov 10, 2025$4,200,000Initial list price
2. Apr 9, 2025$4,250,000Initial list price
3. Oct 31, 2014$1,481,000Sold

Location

This home is located in Walnut Creek, CA, in the East Bay area. Browse more Walnut Creek listings on the Walnut Creek market page or explore the full Walnut Creek market report.

Location

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Neighborhood (zip 94596)

Median age is 38.0; 37% hold a bachelor's degree; 45% of homes are owner-occupied; median household income is $135,422.

Median income

$135,422

Median age

38.0

Owner-occupied

45.1%

Bachelor's degree

37.3%

Census median home value

$1,241,200

Source: US Census Bureau American Community Survey 5-year estimates.

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