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Listing Summary
Listing
#424015549
$2,880,000 (LP)
1973 Trinity Ave, Walnut Creek, CA 94596*
Contingent - No Show
(04/15/24)
SqFt:
5016*
Lot Size SqFt:
13068*
Area/District
:
4900
Yr
:
Total Parking Spaces:
11
Remarks
Introducing Trinity Residences - an exceptional opportunity for investors seeking a prime multifamily property in Walnut Creek, CA. Located at 1973 Trinity Avenue, this 7-unit gem boasts an enviable location, just steps away from BART and the vibrant downtown scene. 1973 Trinity offers a mix of spacious Two Bedroom and One Bedroom floorplans, many of which have undergone substantial renovations. Each unit comes with individual parking spaces plus separate storage lockers. Tenants can enjoy ample space without cluttering their living areas. Tenants have access to two on-site laundry facilities. And for those seeking a breath of fresh air, every unit boasts access to either a balcony or patio, perfect for relaxing. Don't miss out on this rare opportunity to own a renovated and stabilized multifamily property in one of Walnut Creek's most coveted locations.
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Remarks
Agent and Office Information
Agent
Louis C Kwok
Primary:510-387-7049 Lic: 01980615
Office
Kidder Mathews
Phone: 925-905-1100 Office Lic.: 01946490
Price, Dates and Commissions
Contingent Date
04/15/24
Commission to Buyer Office
Commission to Buyer Office
2
Unit Information
# Of Buildings
0
# Of Units Leased
7
# Of Units Month to Month
0
# Of Units Total
7
# Of Units Vacant
0
# of 1 Bedroom Units
4
# of 2 Bedroom Units
3
# of 3 Bedroom Units
0
# of 4 Bedroom Units
0
# of Studio Units
0
# Commercial Units
0
Units Furnished
None
Unit 1 Bedrooms
0
Unit 1 Full Baths
0
Unit 1 Partial Baths
0
Unit 1 Rent
$
0
Unit 1 Approx SqFt
0
Unit 1 # of Rooms
0
Unit 2 Bedrooms
0
Unit 2 Full Baths
0
Unit 2 Partial Baths
0
Unit 2 Rent
$
0
Unit 2 Approx SqFt
0
Unit 2 # of Rooms
0
Elevation Units
Feet
Unit 3 Bedrooms
0
Unit 3 Full Baths
0
Unit 3 Rent
$
0
Unit 3 Approx SqFt
0
Unit 3 # of Rooms
0
Unit 3 Partial Baths
0
Unit 4 Bedrooms
0
Unit 4 Full Baths
0
Unit 4 Partial Baths
0
Unit 4 Rent
$
0
Unit 4 Approx SqFt
0
Unit 4 # of Rooms
0
# Of Furnished Units
0
Total # Owner Occupied
0
# of 1 Bedrooms Occupied
4
# of 2 Bedrooms Occupied
3
# of 3 Bedrooms Occupied
0
# of 4 Bedrooms Occupied
0
# Studios Occupied
0
Studio Annual Occupancy
0
%
Unit Income and Expense
Gross Scheduled Income
$
177480
Gross Rent Multiplier
16.23
Net Operating Income
$
145889
Monthly Income
$
0
Operating Expense
$
31591
Total Deposit
$
0
Total # Leasable
0
Utilities Expense
$
0
Tax Annual Amount
$
31591
Monthly Expenses
$
0
Lease Deposit
$
0
Financial Information
City Transfer Tax Rate
0.00
County Transfer Tax Rate
0.00
Property Information
Subtype Description
Apartments
Approx SqFt
5,016*
SqFt Source
Assessor Auto-Fill
Price / SqFt
574.16
Lot Sq Ft
(
approx
)
13,068*
Lot Acres
(
approx
)
0.3000
Lot Size Source
(Assessor Auto-Fill)
# of Rooms
3
Year Built
Special Listing Conditions
None
Property Location
County
Contra Costa
Cross Street
Oakland Blvd
Area/District
Walnut Creek
Subdistrict
Interior Information
Construction Information
Parking Information
Total Parking Spaces
11
Covered Spaces
7
# Underground
0
# of Guest Space(s)
4
Tandem Parking Spaces
0
Independent Parking Spaces
0
Parking Features
Covered, Guest Parking Available, Off Street
Lot and Outdoor Information
Lot Features
Corner
Association Information
Association
No
School Information
Green Information
Other Listing Information
Listing Service
Full Service