1651 Monterey Dr, Livermore, California 94551, Livermore, 94551 - 2 bed, 1 bath
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1651 Monterey Dr
Livermore, California 94551
ACTIVE
CONDITION: FAIR
2Beds
1Baths
850Sq Ft
1,763Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$545,170
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $545,171 Fair Market Value by 3%. This valuation gap offers $20,171 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates, providing a clear path for forced appreciation. With its end-unit privacy, community pool, and proximity to the ACE Train, this is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through personalization.
Estimated Market Value
$545,170+$20,170 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Livermore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1651 Monterey Dr Subject | $525,000* List Price | 2 | 1 | 850 | $641 | - |
A 1548 Spring Valley Sold | $585,000 | 3 | 1 | 900 | $650 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1986, this 38-year-old home is in largely original condition. The kitchen features dated wood cabinetry, laminate countertops, and older vinyl flooring. While the unit appears well-maintained and functional, the listing explicitly notes the need for 'updates' and 'personalization,' placing it firmly in the fair category due to its age and dated interior systems.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Ideally situated with easy access to I-580 and the ACE Train, this property offers an excellent location for Bay Area commuters.
- End-Unit Privacy
The end-unit positioning provides enhanced privacy and a more desirable layout compared to standard interior units within the community.
- Community Amenities
Residents benefit from two designated parking spaces and access to a community swimming pool, adding significant lifestyle value and convenience.
CONSRISKS & DEFICIENCIES
- High Monthly HOA
The monthly association fee of $543 is relatively high for a two-bedroom unit, which may impact the overall monthly carrying costs for buyers.
- Renovation Required
The property is marketed as an opportunity to bring your own style, indicating that immediate updates and additional capital investment are likely necessary.
About 1651 Monterey Dr
Tucked into an established Livermore community, 1651 Monterey Drive is an end-unit home offering 2 bedrooms, 1 bathroom, and an opportunity to bring your own style and vision to the space. The functional layout provides a great foundation for thoughtful updates, while the end-unit location and two designated parking spaces add everyday convenience. Residents also enjoy access to the community swimming pool. The location puts you within easy reach of Downtown Livermore's restaurants, shopping and entertainment, Livermore Wine Country, parks, and everyday conveniences. Commuters will appreciate convenient access to I-580, the ACE Train, and connections toward Pleasanton, Dublin, and the greater Bay Area. Whether you're looking for a place to personalize now or improve over time, this home offers plenty of possibilities in a convenient Livermore location. schedule a tour and discover what this home has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 1,763 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $543.0 / Month
Neighborhood Insights
Livermore Unified Schools
Altamont Creek Elementary School
Grades K-5 • 1.8 mi
6/10
Andrew N. Christensen Middle School
Grades 6-8 • 1.5 mi
7/10
Junction Avenue K-8 School
Grades K-8 • 1.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.7 |
| Baths | 1.0 | 2.3 |
| Square foot | 850 | 1,788.221 |
| Lot Size | 1,763 | 7,309.632 |
| Price | $525.0K | $1.25M |
| Price per sq ft | $618 | $696 |
| Built year | 1986 | 1973 |
| HOA | $543.0 | $141 |
| Days on market | 21 | 38 |
Pricing History
Listed for Sale
Aug 19, 2026
$525,000
Initial Listing