
Livermore, California 94550
This Turnkey Multi-Unit Property represents a Strong Value Opportunity, listed at $1,099,900—positioned slightly above the $1,071,151 Fair Market Value. Featuring a Mint Condition Rating following a 2026 full renovation, the property includes a primary residence and a brand-new, permitted 400 sq. ft. ADU. With modern upgrades like new HVAC, plumbing, and EV chargers, it offers immediate rental income potential. Located near downtown and top-rated schools like Granada High, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1205 Marguerite St Subject 3 bd · 2 ba · 1,418 sqft · $755 | $1,099,900* List Price | 3 | 2 | 1,418 | $755 | - |
A 1421 Columbus Ave Sold 3 bd · 2 ba · 1,387 sqft · $793 · 0.5 mi | $1,100,000 | 3 | 2 | 1,387 | $793 | 0.5 mi |
B 749 Moraga Dr Sold 3 bd · 2 ba · 1,424 sqft · $737 · 0.6 mi | $1,049,000 | 3 | 2 | 1,424 | $737 | 0.6 mi |
C 998 Wagoner Dr Sold 3 bd · 2 ba · 1,488 sqft · $739 · 0.5 mi | $1,100,000 | 3 | 2 | 1,488 | $739 | 0.5 mi |
D 720 Leland Way Sold 3 bd · 2 ba · 1,254 sqft · $789 · 0.8 mi | $990,000 | 3 | 2 | 1,254 | $789 | 0.8 mi |
E 1253 4th St Sold 3 bd · 1 ba · 1,178 sqft · $685 · 0.1 mi | $807,000 | 3 | 1 | 1,178 | $685 | 0.1 mi |
F 1766 1766 College Ave Sold 3 bd · 2 ba · 1,228 sqft · $855 · 0.4 mi | $1,050,000 | 3 | 2 | 1,228 | $855 | 0.4 mi |
G 827 Caliente Ave Sold 3 bd · 2 ba · 1,404 sqft · $837 · 0.7 mi | $1,175,000 | 3 | 2 | 1,404 | $837 | 0.7 mi |
H 1576 4th St Sold 3 bd · 2 ba · 1,846 sqft · $558 · 0.3 mi | $1,030,000 | 3 | 2 | 1,846 | $558 | 0.3 mi |
I 961 Essex St Active 3 bd · 2 ba · 1,440 sqft · $763 · 0.4 mi | $1,099,000 List Price | 3 | 2 | 1,440 | $763 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property underwent a comprehensive, permit-backed renovation in February 2026, placing it in mint condition. It features a brand-new kitchen with modern cabinetry and stainless appliances, updated bathrooms, and new LVP flooring. Crucially, all major systems including HVAC, electrical, plumbing, and roofs are new, along with the addition of a brand-new 400 sq. ft. ADU.
The property features a brand-new, permitted 400 sq. ft. ADU, providing an immediate secondary rental income stream or a flexible space for multi-generational living.
Both units were fully renovated in 2026 with high-end upgrades including new roofs, HVAC systems, electrical, plumbing, and EV chargers, minimizing future maintenance costs.
Situated in the desirable Old South Side neighborhood, the home offers excellent proximity to Downtown Livermore and is zoned for highly-rated schools like Granada High.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1418, other record living area = 1018. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The primary home is relatively small at approximately 1,018 sq. ft., which may limit its appeal to families requiring more spacious common areas or larger bedrooms.
A $50,000 price reduction within the first week of listing suggests the initial pricing was aggressive, potentially indicating a disconnect with current market sentiment.
INVESTMENT OPPORTUNITY IN THE HEART OF LIVERMORE! This fully renovated property offers a rare combination of turnkey condition, rental income, and an income-producing ADU. The combined 1,418 sq. ft. property features a completely renovated 2-bedroom, 1-bath main home of approximately 1,018 sq. ft. and a brand-new permitted 400 sq. ft. Both homes were fully renovated in February 2026, with permits, and features new LVP flooring, kitchen, bathroom, HVAC system, stainless steel appliances, electrical, plumbing, tankless and heat pump water heaters, interior finishes, a 3-car concrete driveway, new roofs, and new car charger receptacle for each unit. Situated on an expansive 5,852 sq. ft. lot, both units feature new landscaping, a new driveway and private outdoor spaces with patio covers. Ideally located near Downtown Livermore, shopping, parks, and highly regarded schools (Sunset Elementary), this is an exceptional opportunity for an investor seeking a turnkey rental property, ADU income potential, or a 1031 exchange replacement property.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades 6-8 • 1.0 mi
Grades K-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.6 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,418 | 1,760.66 |
| Lot Size | 5,852 | 7,216.612 |
| Price | $1.10M | $1.21M |
| Price per sq ft | $776 | $691 |
| Built year | 1952 | 1973 |
| HOA | $0 | $142 |
| Days on market | 31 | 38 |
Sep 30, 2026
$1,099,900
$1,149,900
-4% Price Drop
Initial Listing
Sep 23, 2026
$1,149,900
Initial Listing
Jun 5, 2025
$680,000
Public Record