2641 Larkey Ln

2641 Larkey Ln | Walnut Creek, CA 94597-2438, US

price$3,100,000

property typeCommercial Sale

year built1949

highlights

•Rare senior housing land opportunity in a supply-constrained market

•* Entitlement momentum in place – Defined approval pathway significantly reduces development risk

•* Supply-constrained Bay Area market – Limited competing senior housing inventory

•* Strong demographic tailwinds – Affluent, aging population driving long-term demand

•* Efficient, financeable scale – 95 units optimized for construction feasibility

•* Multiple exit strategies – Build-to-hold, recapitalize, or sell stabilized asset

property
details

STATUSActive

SALE PRICE PER UNIT$3,100,000

YEAR BUILT1949

PROPERTY TYPECommercial Sale

BUILDING SIZE876 SF

LOT SIZE3.9 acres

SALE PRICE$3,100,000

STORIES1

ZONINGPD

DAYS ON MARKET51

property
description

2641 Larkey Lane offers 3.9 acres of prime infill land, zoned PD and a potential opportunity for a Senior Housing development site (more specifically, a 95-unit Assisted Living + Memory Care community) or residential. High barriers to entry protect future value, while the infill location ensures lasting desirability. This is a rare chance to deliver much-needed senior housing in one of the Bay Area’s most sought-after communities.

location
description

2641 Larkey Ln | Walnut Creek, CA 94597-2438, US

Discover the vibrant surroundings of the property in Walnut Creek, CA, 94597. As one of the East Bay's premier business locations, this area attracts investors seeking prime Land and Office opportunities. Enjoy convenient access to notable destinations such as Broadway Plaza, offering upscale retail and dining experiences. The location is also near the Lesher Center for the Arts, providing cultural enrichment and entertainment options. With its proximity to beautiful parks, top-rated schools, and a thriving business community, Walnut Creek presents a compelling investment proposition for Land and Office investors looking for a dynamic and prosperous locale.