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2641-2643 Larkey Ln
Walnut Creek, CA 94597 Palos Verde Area

$3,100,000 USD

Land For Sale  •  3.9 AC

Property Details

  • Property Type Land
  • Lot Size 3.9 AC
  • Zoning PD
12 Transit Score
35 Walk Score

Description

2641 Larkey Lane offers 3.9 acres of prime infill land—positioning you to move forward with clarity and confidence. 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.

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

Highlights

Entitled 3.9-acre infill site approved for a 95-unit Assisted Living and Memory Care community.
High barriers to entry support long-term asset value and market stability.
Prime infill location in a highly desirable Bay Area community with persistent senior housing demand.

Property Flyers

Public Transportation

AirportDriveWalkDistance
Metro Oakland International 36 min - 25.2 mi
San Francisco International 55 min - 37.1 mi
Brian Merrion 415-802-1400 eXp Commercial
Brian Merrion 415-802-1400 eXp Commercial