542 N L St, Livermore, California 94551, Livermore, 94551 - 3 bed, 1 bath
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Livermore, California 94551
This Versatile Residential Asset represents a High-Potential Investment Opportunity, listed at $749,000—positioned well below the $764,405 Fair Market Value by 2%. This valuation gap provides $15,405 in Instant Equity. Featuring an Excellent Condition Rating with modern luxury vinyl flooring and a renovated kitchen, the property offers T4N-0 Zoning flexibility for commercial or residential use. With a 5,000 sqft lot including a deck and patio, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, move-in-ready property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 542 N L St Subject | $749,000* List Price | 3 | 1 | 974 | $785 | - |
A 1320 Ventura Ave Sold | $755,000 | 3 | 1 | 982 | $769 | 0.5 mi |
B 1753 Elm St Sold | $950,000 | 3 | 2 | 1,128 | $842 | 0.2 mi |
C 1716 1716 Elm St Sold | $835,000 | 3 | 1 | 1,252 | $667 | 0.3 mi |
D 1935 Pine St Sold | $860,000 | 3 | 2 | 1,185 | $726 | 0.2 mi |
E 628 628 Nightingale St Sold | $928,000 | 4 | 2 | 1,125 | $825 | 0.9 mi |
F 1024 Locust St Sold | $800,000 | 3 | 1 | 1,280 | $625 | 0.5 mi |
G 614 James St Active | $825,000 List Price | 3 | 1 | 960 | $859 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1943, the property has undergone a recent high-end renovation (likely within the last 5 years) as evidenced by the luxury vinyl plank flooring, recessed lighting, and a modern kitchen featuring quartz countertops and updated backsplash. The inclusion of an electric fireplace and updated bathroom, combined with a mint-condition exterior featuring a newer deck and stamped concrete, places this in the excellent category.
The T4N-0 zoning allows for residential, commercial, or mixed-use development, offering unique flexibility for business owners or investors in a strategic transition area.
The home features contemporary finishes including luxury vinyl flooring, recessed lighting, and updated kitchen and bathroom facilities, providing a move-in-ready experience.
A 5,000 sqft lot equipped with a stamped concrete patio, raised wood decking, and additional space offers significant potential for entertaining or future expansion.
The property contains three bedrooms but only one bathroom, which may be a significant drawback for families or those looking for modern convenience.
At just 974 square feet, the interior living space is relatively small for a three-bedroom configuration, potentially resulting in smaller individual room sizes.
Just blocks from vibrant downtown Livermore, sweet single-story home sits on a 5,000 sq ft lot with incredible upside. Located in the desirable T4N-O zone, the property offers excellent development potential for multiple housing options—ideal for investors or buyers seeking long-term flexibility. The interior features a spacious great room with an electric fireplace and durable luxury vinyl flooring. Built for efficiency, the updated kitchen offers sleek new quartz counters, gas cooking, and indoor laundry. The refreshed bathroom includes modern fixtures and a stone-top vanity. Thrree bedrooms are well-sized. Outside, the fully fenced backyard is a low-maintenance, practical space featuring a raised deck, an expansive stamped concrete patio, and a handy garden shed
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.7 mi
Grades K-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 974 | 1,553 | 3% |
| Lot Size | 5,000 | 6,825 | 14% |
| Price | $749.0K | $1.10M | 5% |
| Price per sq ft | $769 | $691 | 76% |
| Built year | 1943 | 1979 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 111 | 1% |
May 27, 2026
$749,000
Initial Listing
Oct 31, 2022
$750,000
Public Record
Aug 30, 2019
$615,000
Public Record
Jun 23, 2017
$550,000
Public Record
Dec 31, 2013
$367,000
Public Record