1183 Saranap Ave

Walnut Creek, CA
$ 7,995,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

The Spanish Castle Apartments, located at 1183 Saranap Avenue, Walnut Creek, is a clean, well-located, multi-family property that has been carefully maintained and has now been brought to market for the first time in decades. It represents a rare opportunity to own property in one of the Bay Area’s most desirable locations — Walnut Creek. The property is close to BART, shopping, cafes, and coffee shops in Downtown Walnut Creek as well as highly rated schools. The property is also close to Highways I-680 and 24 and provides access to recreational facilities such as Larkey Park/Pool, Civic Park, and Shell Ridge Open Space. The three-story building features uncommon construction details that include a concrete slab foundation, low maintenance stucco exteriors, pitched tile and flat vinyl roof (replaced in February of 2026), carports, additional storage for residents, complex laundry facility, and separate meters for gas and electricity. The property has well-designed floor plans and a mix of easy to rent units: (12) 2BR / 1BA - 870 s.f. +/- (6) 2BR / 1BA – 890 s.f. +/- (9) 1BR / 1BA – 680 s.f. +/- (5) 1BR / 1BA – 695 s.f. +/- (1) 1BR / 1BA TH – 655 s.f. +/- Residents have access to the sparkling pool, beautiful courtyard, and laundry facilities. Many units have been updated in the past several years including new flooring, updated countertops, cabinetry hardware, and fixtures. Four of the units have also benefited from new cabinetry, stainless steel appliances, LVP flooring, new bathrooms and recessed lighting. Walnut Creek is a highly desirable city located about 24 miles East of San Francisco. Served by public transit including BART with two stations and located at the intersection of Highway 24 and Interstate 680, the location offers close proximity to San Francisco, Oakland and most of the Bay Area. Considered a “blend of upscale suburban living with urban convenience,” the city is home to Broadway Plaza, one of the top-rated shopping centers in the Bay Area anchored by Nordstrom, Macy’s, Apple, H&M and Zara. The city has a walkable downtown area with abundant boutiques, cafes and restaurants. It is home to the Lesher Center for the Arts, which offers year-round entertainment in the form of concerts, plays and special events. The city also boasts top rated schools from elementary, middle and high schools near most neighborhoods. California State University, East Bay campus is located just a short drive from Walnut Creek as well.

Pending

  • Price
  • $ 7,995,000
  • City
  • Walnut Creek
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Contra Costa
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.86 Acres
  • Zip
  • 94595
  • Year Built
  • 1965
  • Style
  • MLS#
  • 41141927
Listed By: Shawn Willis with Income Property Services; 925-988-0502
Data Source: California Regional MLS (CRMLS)

Features

General

Heating Baseboard,Electric
Cooling WallWindowUnits
Roof Tile
Appliances GasWaterHeater
Zoning M-29
Construction Materials Stucco
Year Built 1965
Tenant Pays Gas
View Mountains
County Contra Costa
Property Type ResidentialIncome
Subdivision Name SARANAP
Status Pending
Directions Cross Street: Boulevard Way.
City Walnut Creek
Number Of Units Total 33
Lot Size Units SquareFeet
Lot Size Square Feet 37462
Standard Status Pending
PostalCity WALNUT CREEK

Interior Features

Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Lot Features SlopedUp
Total Parking 42
Lot Size Area 37462
Lot Size Acres 0.86

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/16/2026 Listed $7,995,000

Property vs Zip Code Average in 94595

Price
AVG $1.44M
$8M
Year Built
AVG 1959
1965

In The Neighborhood

Areas That We Cover

1183 Saranap Ave Walnut Creek, CA is a Single Family Home for sale at $7995000 and a lot size of 0.86 Acres Acre(s). 1183 Saranap Ave Walnut Creek has 0 bedrooms, 0 baths and was built in 1965. The property's zip code is 94595 which is in Walnut Creek, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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