1248 Alpine Road is a five unit apartment building extremely well located in the southwest corner of downtown Walnut Creek. The structure was built in 1952. The building consists of five 1 bedroom/1 bath apartment units, four private garages, and a shared laundry room for the sole use of the tenants. All units are approximately 650 square feet. The four upstairs units have hardwood flooring, vaulted ceilings in the living rooms and bedrooms, ranges, owner provided refrigerators, private balconies, and private garages. The garages are approximately 16x20. They are not quite large enough for 2 cars, but would provide plenty of room for a standard sized car plus a few bikes, a kayak, a snowboard, and camping gear. Locking, private garages with remote openers are extremely rare and a huge attraction for prospective tenants. The garages promote long term tenancies which reduce costly turnover downtime. One of the garages even has an EV chargeran electrifying benefit. The location is nothing short of spectacular. Within a few blocks is world class dining and shopping, public transportation, and easy access to both I680 and SR24. Regional Parks, hiking, golf, and other recreational options are all close. Nearby hospitals and medical care facilities are plentiful and exceptional.
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