3670 Silver Oaks Way, Livermore, CA, CA 94550
- $1,999,000
- List Price
- $1,999,000
- Status
- ACTIVE
- MLS#
- 41142823
- County
- Alameda
- Year Built
- 1988
- Square Feet
- 13,090
- Days on Market
- 5
- Property Type
- Multifamily
- Neighborhood
- Other
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 5.3% 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.
/u.realgeeks.media/grandestatesca/dp_logo_w_background.png){kind=logo}
Additional Information
- Parcel Number
- 98A41730
- HOA
- 1114
- Lot Features
- Street Level
- Appliances
- Electric Water Heater, Dryer, Washer
- Heat
- Baseboard, Electric
- Cooling
- Yes
- Exterior Construction
- Wood Siding
- Roof
- Shingle
Listing courtesy of Listing Agent: Jeremiah Botros (jeremiahdoesrealestate@gmail.com) from Listing Office: HomeSmart Optima Realty, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.