The Estopinal Family Partnership Acquires Multifamily Property In Walnut Creek For $19.55M

The multifamily property located at 1355 Mt. Pisgah Road in Walnut Creek, CA was recently sold. The transaction, which took place on 11/10/2022, involved a total of 40 units with a sale price of $19,550,000. The property spans approximately 35,000 square feet, resulting in a price per square foot of $559. The buyer in this transaction was The Estopinal Family Partnership, while the seller was PTLA Real Estate Group. The deal was facilitated by broker Rich Martini from Colliers.

Summary of Transaction Details:

• Property Type: Multifamily
• Transaction Amount: $19,550,000
• Address: 1355 Mt. Pisgah Road, Walnut Creek, CA
• Number of Units: 40
• Price Per Unit: $488,750
• Total Square Footage: 35,000
• Price Per Square Foot: $559

This transaction showcases the successful collaboration between the buyer, The Estopinal Family Partnership, and the seller, PTLA Real Estate Group. With the assistance of broker Rich Martini from Colliers, the deal was able to be executed smoothly. The sale of this multifamily property represents a significant investment opportunity in the Walnut Creek, CA market.