2342 Palm Ave, Livermore, California 94550, Livermore, 94550 - 0 bed, 0 bath
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2342 Palm Ave
Livermore, California 94550
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,290Sq Ft
6,000Lot Size
Property Price
LIST PRICE$1,149,000
EST. MARKET VALUE
$1,034,962
11% AboveMARKET VALUE
SUMMARY
This Dual-Unit Residential Property represents a Strong Value Opportunity, listed at $1,149,000—positioned above the $1,034,963 Fair Market Value. While priced at a premium, the property offers a Good Condition Rating with recent cosmetic updates, including refinished hardwood and new tile. The Dual-Unit Income Potential—featuring a 2-bed main house and detached 1-bed unit—provides significant utility for multi-generational living or rental revenue. With proximity to Livermore High School (Rating 7), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating asset.
Estimated Market Value
$1,034,962
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 |
|---|---|---|---|---|---|---|
★ 2342 Palm Ave Subject 0 bd · 0 ba · 1,290 sqft · $802 | $1,149,000* List Price | 0 | 0 | 1,290 | $802 | - |
A 645 S Livermore Ave Sold 2 bd · 2 ba · 1,028 sqft · $905 · 0.2 mi | $930,000 | 2 | 2 | 1,028 | $905 | 0.2 mi |
B 1253 4th St Sold 3 bd · 1 ba · 1,178 sqft · $685 · 0.8 mi | $807,000 | 3 | 1 | 1,178 | $685 | 0.8 mi |
C 1359 Anza Way Sold 3 bd · 2 ba · 1,284 sqft · $697 · 0.8 mi | $895,000 | 3 | 2 | 1,284 | $697 | 0.8 mi |
D 1421 Columbus Ave Sold 3 bd · 2 ba · 1,387 sqft · $793 · 0.9 mi | $1,100,000 | 3 | 2 | 1,387 | $793 | 0.9 mi |
E 820 Arbor Ct Sold 3 bd · 2 ba · 1,354 sqft · $775 · 0.4 mi | $1,050,000 | 3 | 2 | 1,354 | $775 | 0.4 mi |
F 3797 Oregon Way Sold 3 bd · 2 ba · 1,526 sqft · $750 · 0.7 mi | $1,145,000 | 3 | 2 | 1,526 | $750 | 0.7 mi |
G 3974 Pestana Way Sold 4 bd · 2 ba · 1,534 sqft · $717 · 1.0 mi | $1,100,000 | 4 | 2 | 1,534 | $717 | 1.0 mi |
H 1205 Marguerite St Active 3 bd · 2 ba · 1,418 sqft · $776 · 0.9 mi | $1,099,900 List Price | 3 | 2 | 1,418 | $776 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the property was built in 1951, it has undergone recent cosmetic renovations including new paint, refinished hardwood, and new tile flooring in the kitchen and baths. The kitchen features updated stainless steel appliances and the home is described as turnkey and move-in ready. Although some fixtures and cabinetry styles appear to be from a 10-15 year old renovation, the overall maintenance and recent refreshes qualify it for a good rating.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
The property features two separate dwellings on a single lot, including a 2-bedroom main house and a detached 1-bedroom unit, offering excellent opportunities for rental income or multi-generational living.
- Turnkey Condition
Extensive recent updates including new interior and exterior paint, refinished original hardwood flooring, and new tile in the kitchens and bathrooms make this home completely move-in ready.
- Versatile Parking and Storage
The 100-foot gated driveway, oversized two-car garage, and dedicated side-yard access for a boat or RV provide exceptional utility and storage rarely found in this price point.
CONSRISKS & DEFICIENCIES
- Limited Interior Square Footage
With only 1,290 total square feet divided between two separate units, the individual living areas and bedrooms are quite compact, which may feel restrictive for some buyers.
- Vintage Infrastructure
Built in 1951, the property may possess older underlying systems such as plumbing or electrical that, while functional, may not meet the expectations of buyers looking for modern construction standards.
About 2342 Palm Ave
If you're looking for a turnkey rental or live in option here it is. Two homes on this Southside gem. Main house 2 bed 1 bath. 2nd unit detached 1 bed 1 bath and attached oversized 2 car garage. 2nd unit detached and to the rear of the lot encouraging quiet and privacy. New paint, refinished original hardwood flooring, new tiled flooring in kitchen and baths. New paint throughout. 100-foot-long concrete driveway with secured gate. Garage may be for either unit or a combination thereof if rental is desired. Rear unit also has graveled side yard access for boat or vehicle. Fully landscaped and private yards. Complete and to move in ready.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Livermore Unified Schools
Jackson Avenue Elementary School
Grades K-5 • 1.3 mi
6/10
Junction Avenue K-8 School
Grades K-8 • 0.8 mi
4/10
East Avenue Middle School
Grades 6-8 • 0.8 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.6 |
| Baths | 0.0 | 2.2 |
| Square foot | 1,290 | 1,760.66 |
| Lot Size | 6,000 | 7,216.612 |
| Price | $1.15M | $1.21M |
| Price per sq ft | $891 | $691 |
| Built year | 1951 | 1973 |
| HOA | $0 | $142 |
| Days on market | 10 | 38 |
Pricing History
Listed for Sale
Oct 14, 2026
$1,149,000
Initial Listing
Sold
Dec 17, 2004
$538,000
Public Record
Sold
Nov 21, 2003
$440,000
Public Record
Sold
Jun 29, 2001
$400,000
Public Record