2342 Palm Ave, Livermore, California 94550, Livermore, 94550 - 0 bed, 0 bath
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Livermore, California 94550
This Dual-Unit Residential Property in South Livermore offers a versatile income-generating setup, listed at $1,199,000 against a $1,006,087 Fair Market Value. The lot features two detached units in Good Condition, providing a rare opportunity for rental income or an in-law configuration. Residents enjoy a private patio and walking proximity to downtown and Livermore High School. This property is a strategic choice for Owner-Occupants looking to house-hack or Multi-generational Families seeking separate living quarters in a high-demand district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2342 Palm Ave Subject | $1,199,000* List Price | 0 | 0 | 1,035 | $972 | - |
A 1077 Aberdeen Ave Sold | $1,100,000 | 3 | 2 | 1,120 | $982 | 1.0 mi |
B 905 S Livermore Ave Sold | $865,000 | 2 | 1 | 910 | $951 | 0.2 mi |
C 2342 2342 Palm Ave Active | $1,199,000 List Price | 3 | 2 | 1,290 | $929 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property is well-maintained and functional but shows clear signs of age. The kitchens and bathrooms feature dated cabinetry, older appliances, and vintage fixtures. While the units are habitable and clean, they lack recent comprehensive renovations to meet modern standards.
The property features two detached units on a single lot, offering exceptional flexibility for multi-generational living, house hacking, or maximizing rental income.
Situated in the highly desirable South side of town, this property is within walking distance to downtown Livermore's vibrant dining, shopping, and community events.
With the ability to rent both units separately or occupy one while leasing the other, this property provides a versatile investment opportunity to offset mortgage costs.
Built in 1951, the structures may require significant updates to major systems or cosmetic renovations to meet modern efficiency and aesthetic standards.
With only 1,035 total square feet split between two separate units, the individual living areas are quite compact, which may limit the pool of potential tenants or buyers.
2 separate units on one lot, not attached separated by 25 or so yards. Rent separately or can be used as in-law set up. Garage attached to back unit and can be used by either tenant. Owner can occupy either unit and rent the other for additional income or rent both units. Close to downtown on the South side of town walking distance to any event or downtown activities.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades K-8 • 0.8 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 1,035 | 1,926 | 3% |
| Lot Size | 6,000 | 7,964 | 19% |
| Price | $1.20M | $1.34M | 35% |
| Price per sq ft | $1.2K | $712 | 97% |
| Built year | 1951 | 1971 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 139 | 3% |
Mar 17, 2026
$1,199,000
Initial Listing
Dec 17, 2004
$538,000
Public Record
Nov 21, 2003
$440,000
Public Record
Jun 29, 2001
$400,000
Public Record