California Real Estate Practice Exam

In real estate terms, what does a "walkup" refer to?

1. Apartments

2. Drive-in restaurants

3. Manufactured home parks

4. Manufacturing properties

The correct answer is: Apartments

A "walkup" refers specifically to a type of apartment building that does not have an elevator, requiring residents to walk up stairs to reach their units. Typically, these buildings have multiple stories, and the design is often straightforward, catering to urban living where vertical space is limited. Walkup apartments are commonly found in densely populated areas where construction costs and land availability dictate the need for more compact building styles. The focus on apartments as the correct answer reflects the real estate industry's terminology, where "walkup" is synonymous with lower-rise residential buildings, usually featuring several units arranged around a central staircase. This term does not apply to drive-in restaurants, manufactured home parks, or manufacturing properties, which are distinctly different types of real estate and do not involve residential living scenarios that require access through stairs.