
Livermore, California 94551
This Versatile Duplex represents a Strong Value Opportunity, listed at $949,000—positioned well below the $1,050,267 Fair Market Value by 9%. This valuation gap offers $101,267 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent system upgrades and remodeled interiors, this property offers immediate rental income or house-hacking potential. With a Large 7,505 sqft Lot and Enclosed Patio, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, income-generating asset in downtown Livermore.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 261 Western Ave Subject 4 bd · 2 ba · 1,698 sqft · $619 | $949,000* List Price | 4 | 2 | 1,698 | $619 | - |
A 238 Bluebird Ave Sold 4 bd · 3 ba · 1,709 sqft · $518 · 0.4 mi | $885,000 | 4 | 3 | 1,709 | $518 | 0.4 mi |
B 918 Ventura Ave Sold 4 bd · 2 ba · 1,505 sqft · $561 · 0.3 mi | $845,000 | 4 | 2 | 1,505 | $561 | 0.3 mi |
C 442 James St Sold 4 bd · 2 ba · 1,390 sqft · $626 · 0.1 mi | $870,000 | 4 | 2 | 1,390 | $626 | 0.1 mi |
D 671 Starling Ave Sold 4 bd · 2 ba · 1,336 sqft · $726 · 0.8 mi | $970,000 | 4 | 2 | 1,336 | $726 | 0.8 mi |
E 831 Delaware Way Sold 4 bd · 3 ba · 1,870 sqft · $636 · 0.8 mi | $1,189,000 | 4 | 3 | 1,870 | $636 | 0.8 mi |
F 471 Bernal Ave Sold 3 bd · 3 ba · 1,287 sqft · $658 · 0.3 mi | $847,000 | 3 | 3 | 1,287 | $658 | 0.3 mi |
G 2151 Elm St Sold 3 bd · 2 ba · 1,599 sqft · $663 · 0.6 mi | $1,060,000 | 3 | 2 | 1,599 | $663 | 0.6 mi |
H 924 Lambaren Ave Sold 4 bd · 2 ba · 1,464 sqft · $690 · 0.3 mi | $1,010,000 | 4 | 2 | 1,464 | $690 | 0.3 mi |
I 982 Ventura Ave Active 3 bd · 2 ba · 1,608 sqft · $553 · 0.2 mi | $889,000 List Price | 3 | 2 | 1,608 | $553 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1952, the property has undergone extensive recent renovations (likely <5 years) including remodeled kitchens and bathrooms with new appliances. Major systems have been updated including a newer roof, AC, water heater, and water main, making it a mint-condition, move-in-ready duplex.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7505, living area = 1698.
This duplex offers exceptional flexibility for house-hacking or full investment, with both units deliverable vacant and separately metered for streamlined utility management.
The property features extensive recent upgrades including a newer roof, AC, water heater, and water main, alongside a remodeled kitchen and bathrooms in one unit, minimizing immediate maintenance costs.
Originally built in 1952, the property may still possess some inherent limitations or maintenance needs typical of older structures despite the recent surface and system updates.
While located in a convenient area, the assigned middle and K-8 schools carry lower ratings (4-5), which may impact appeal to families prioritizing top-tier education.
Ideally situated just moments from the shopping, dining, and entertainment of downtown Livermore, this move-in-ready duplex presents a rare opportunity for first-time buyers and savvy investors alike. Offering exceptional flexibility, both units can be delivered vacant, allowing a buyer to settle into one side while the other is positioned to capture full market rent, or to lease both immediately upon closing. Each unit is separately metered, keeping utilities simple and streamlined. Recent updates on the exterior include newer exterior paint and low-maintenance landscaping that offers easy care throughout the year. The 263 unit has been thoughtfully refreshed with a remodeled kitchen and remodeled bathrooms, and the property is complete with all-new appliances, including kitchen appliances and a washer and dryer. Outdoor living is abundant on both sides, with 261 enjoying a generous wraparound yard and 263 showcasing a large enclosed patio, perfect for relaxing or entertaining. Practicalities are readily addressed with the former carport now fully enclosed with a garage door, transforming it into a secure garage, plus an electric vehicle charger already wired. Peace of mind comes standard with a long list of recent improvements, including a newer roof, newer attic insulation, a newer water heater, newer AC, and a newer water main. Conveniently located near public transportation and everyday essentials such as Trader Joe's, this property places the very best of Livermore living right at your doorstep. Truly a versatile opportunity to live, invest, or both in the heart of Livermore!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 2.1 mi
Grades K-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,698 | 1,760.66 |
| Lot Size | 7,505 | 7,216.612 |
| Price | $949.0K | $1.21M |
| Price per sq ft | $559 | $691 |
| Built year | 1952 | 1973 |
| HOA | $0 | $142 |
| Days on market | 3 | 38 |
Oct 21, 2026
$949,000
Initial Listing
Jun 14, 2018
$780,000
Public Record
Feb 19, 2008
$540,000
Public Record
Mar 6, 2006
$565,000
Public Record