Back 1770 Carmel Drive
Off Market

1770 Carmel Drive

Walnut Creek CA 94596

50
14
26250 sq. ft.
34848 sq. ft.
Other
Last sold for $10,275,000
Keith MansonKeith Manson, last sold this property on 08 September 2025 after 150 days on market.

Overview

Carmel Pines is a 50-unit value-add apartment community located at 1770 Carmel Dr. in Downtown Walnut Creek, CA. Built in 1973 as a senior apartment community, the property has been operated as such since its completion. However, there is no deed restriction on title limiting the tenant base to seniors, providing potential flexibility for future repositioning. This is a rare opportunity to acquire a well-located multifamily asset in one of the Bay Area's most desirable submarkets, offering strong rental demand, excellent connectivity, and proximity to premier shopping, dining, & entertainment options. Situated on an 0.80-acre lot, Carmel Pines consists of one 3-story residential building & a single-story leasing office and community room, totaling 26,250 SF. The property features fifty 1-bed, 1-bath units, averaging 525 SF, with on-site amenities including a laundry facility, a passenger elevator, & 14 off-street parking spaces. The roof was replaced in 2016, and the main electrical service panel was upgraded in 2009, ensuring a well-maintained infrastructure for future ownership. The Property benefits from an unbeatable downtown Walnut Creek location, just 1/2-mile from Broadway Plaza, the region's premier luxury shopping destination.

Features

50 bedrooms
14 carspaces
26250 sq. ft. floor area
34848 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 50 bedroom other properties sold in Walnut Creek over the last 12 months.

Property history for 1770 Carmel Drive

2025
Sold
$10,275,000
08 Sep 2025 by Keith Manson, of Cushman & Wakefield

Happy sellers in Walnut Creek

85%
85% of sellers in Walnut Creek reported that their sale price either exceeded or met their price expectations.

Walnut Creek stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Walnut Creek over the last 12 months.

Local market activity for 50 bedroom other properties in Walnut Creek

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