Listed by eXp Commercial
$2,975,000
2641 Larkey Ln
Details
APN 140-040-035
Property Type Office, Land
Sub Type Commercial, Executive Office
Square Footage 876
Units 95
Price Per Acre $762,820
Year Built 1949
Acreage 3.900
Zoning PD
Office | 876 SqFt
Marketing 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.
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.
Investment 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
- Building size: 876 SF
Listing Contacts
Listed by eXp Commercial
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Zoning
R-10 ResidentialSingle FamilySingle Family Residential
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View all 133 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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