1414 Oakland Blvd , Walnut Creek CA

$3,480,000 | $16,038 / Month*

List Firm - Colliers International
List Agent - Richard Martini
MLS #40965460

Location

Features

Details
Garage/Parking: Carport - 1, Covered Parking, Space Per Unit - 1, Uncovered Park Spaces 2+
Lot Description: Irregular
Included: Mirrored Closet Door(s), Water Heater Gas, Window Coverings, Cable Available, Individual Electric Meter, Individual Gas Meter
Property Features: Balcony/Patio, Wired For Cable TV
Foreclosure: No
Exterior Construction: Siding - Stucco
Interior Features: Dishwasher, Disposal, Microwave, Refrigerator, Updated Baths, Updated Kitchen
Basement: None
Garage Type: Carport - 1, Covered Parking, Space Per Unit - 1, Uncovered Park Spaces 2+
Interior Features
Flooring: Vinyl, Carpet
Exterior Features
Construction: Siding - Stucco
Roof: Unknown
Utilities
Cooling: Window/Wall Unit(s)
Heating: Wall Furnace
Water/Sewer: Sewer System - Public, Water - Public

Oak Terrace Apartments is an 8-unit apartment property situated on a .21AC parcel and includes a mix of all 2 bedroom/1 bath units that average +-770 SF each. Over $375k in int. and ext. capital improvements completed. Four floor plans with slight variations within each encompass the eight total units. All unit interiors have been substantially renovated and include such upgrades as new kitchen cabinets, quartz countertops, stainless steel appliances, wood flooring, bath vanities, shower/tub surrounds, raised panel interior doors and new lighting throughout. Significant exterior improvements, incl. new stucco siding, vinyl windows, new handrails and entry doors & new paint. Over $4,900 in add. annual income from RUBS. In place rents average $2,392/month. Turn-key property perfect for 1031 exchange.

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