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Listed by HomeSmart Optima Realty, Inc
$ 1,950,000
Est. payment | /mo
4,225 SqFt
$ 1,950,000
Est. payment | /mo
4,225 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,225 sqft
Price per Sqft $461
MLS Listing ID 41142823
HOA Fees $1,114
HOA Y/N Yes
Year Built 1988
Lot Size 0.301 Acres
Property Sub-Type 5 or More Units
Source CONTRA COSTA
Property Description
Offered at $1,999,000, 3670 Silver Oaks Way presents a rare opportunity to acquire a fully occupied five-unit multifamily asset in Livermore with a pro forma 5.5% cap rate and approximately $13,200 in annual gross rent upside. The property consists of five nearly identical 2BR/2BA units of approximately 851 SF each, offering operational efficiency, consistent unit layouts, and in-place rents below supported market levels. The asset has been well maintained and is in strong overall condition, with documented improvements, updated interiors, in-unit laundry, private outdoor space, and resident parking helping reduce near-term capital needs and support tenant retention. Ideally positioned just minutes from Downtown Livermore, with convenient access to I-580, ACE rail, major Tri-Valley employment centers, dining, retail, and recreation, the property combines stable current income, a strong physical condition, measurable rent-growth potential, and a highly desirable location for long-term multifamily ownership.
Location
State CA
County Alameda
Interior
Heating Baseboard, Electric
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Laminate, Tile, Vinyl, Carpet
Fireplace No
Window Features Double Pane Windows
Appliance Dryer, Washer
Building
Lot Description Level, Landscaped
Water Public