
Livermore, California 94550
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,549,888—positioned well below the $1,588,383 Fair Market Value by 2%. This valuation gap provides $38,495 in Instant Equity. While the home maintains a Condition Rating of 4, the expansive 15,000 sqft lot and scenic hill views offer significant upside for modernization. Located in the top-tier Livermore Valley School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1681 5th St Subject | $1,549,888* List Price | 3 | 3 | 2,277 | $698 | - |
A 874 Mendenhall Dr Sold | $1,650,000 | 4 | 3 | 2,462 | $670 | 0.3 mi |
B 580 S L St Sold | $1,790,000 | 4 | 3 | 2,075 | $863 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the home has received cosmetic 'lipstick' updates including fresh interior paint and new flooring/carpeting. However, the kitchen and bathrooms remain significantly dated; the kitchen features original-style wood cabinetry and a dated fluorescent light box, while the bathrooms retain 1970s-era tile and fixtures. While functional and move-in ready, the primary systems and wet areas are over 30 years old and require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15000, living area = 2277.
The property features a generous 15,000 square foot lot, providing rare and significant outdoor space for potential expansion, ADU development, or a private backyard oasis in an established neighborhood.
Situated in the desirable Old Livermore area, the home is served by highly-rated schools including Livermore High and Granada High, making it an ideal choice for families prioritizing education.
Built in 1972, the home may require significant cosmetic or systemic updates to meet the modern standards expected at this price point.
With 2,277 square feet of living space but only three bedrooms, the layout may feel less efficient for larger families compared to newer homes with similar footprints.
Incredible and rare opportunity to own an expansive 15,000 sq. ft. corner lot in the heart of downtown Livermore! Long-time family owned! Offering endless potential, this 2,277 sq. ft. home has been refreshed with brand-new flooring, fresh interior paint, updated finishes, and new carpet throughout the spacious bedrooms. An oversized main living room welcomes you upon entry and is filled with beautiful natural light, creating a warm and inviting atmosphere. The kitchen features solid wood cabinetry and ample space for formal dining, making it ideal for everyday living and entertaining. New exterior paint and front landscape add curb appeal and easy maintenance for busy owners. The detached garage adds flexibility for storage, an additional workshop, and future possibilities. With its oversized lot, this property presents an incredible opportunity for potential owner-occupied expansion or subdivision allowing the creation of a multigenerational living setup. Enjoy the convenience of downtown location within a short distance to Livermore’s vibrant restaurants, shopping, parks, and community events just moments away.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-8 • 0.8 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,277 | 1,733.5 |
| Lot Size | 15,000 | 7,269.5 |
| Price | $1.55M | $1.29M |
| Price per sq ft | $681 | $708 |
| Built year | 1972 | 1970 |
| HOA | $0 | $180 |
| Days on market | 15 | 35 |
Jul 7, 2026
$1,549,888
Initial Listing