1942 Desert Cir

Highlights

• Prime Walnut Creek Location – Quiet, established neighborhood minutes from downtown Walnut Creek, BART, I-680, and CA-24.
• 7-Unit Multifamily Asset – Two-story, single-building property totaling 6,052 rentable SF, part of a well-maintained 72-unit community.
• Desirable Unit Mix – Primarily 2-bedroom units plus one 3-bedroom unit appealing to long-term renters.
• Recently Updated Units – Modern interiors throughout with stone countertops, laminate flooring, recessed lighting, fireplaces, and forced-air HVAC.
• In-Unit Laundry – 6 of 7 units include full-sized washers and dryers.
• Expense-Efficient Operations – Individually metered gas and electricity, separate water heaters, and tenants pay PG&E, water, sewer, and trash.
• Strong Tenant Amenities – Private balconies or patios, assigned covered parking, guest parking, community pool, and laundry facilities.
• Low-Maintenance Construction – Stucco exterior and pitched asphalt shingle roof minimize long-term capital needs.
• Durable Cash Flow – Renovated condition, strong location fundamentals, and commuter access support stable income and long-term appreciation.

Description

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.

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.

The property is ideally located near downtown Walnut Creek, offering convenient access to premier shopping, dining, and entertainment while maintaining a quiet, suburban residential setting. Situated within a well-established neighborhood and the highly regarded Walnut Creek School District, the location appeals strongly to families and long-term renters. Residents benefit from immediate access to outdoor recreation at nearby Heather Farm Park, featuring walking trails, a community center, and sports facilities. The property also offers excellent commuter connectivity with close proximity to BART stations and major thoroughfares including I-680 and CA-24.