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2347 Chestnut St
Livermore, CA 94551
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Value Add opportunity with plenty of upside
- Walking Distance to Downtown Livermore
- Strong Unit Mix - All 2 Bedroom and 1 Bathroom
Executive Summary
Value add fourplex in livermore. Great opportunity with tons of upside. Walking distance from downtown livermore. All units are 2 bedroom and 1 bathroom.
Property Facts
| Price Per Unit | $425,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 3.68% | Building Size | 4,432 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.4 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1964 |
| Property Type | Multifamily | Parking Ratio | 0.9/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RM, Livermore | ||
| Price Per Unit | $425,000 |
| Sale Type | Investment |
| Cap Rate | 3.68% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 15.4 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 4,432 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 0.9/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM, Livermore |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,400 | 860 |
Property Taxes
| Parcel Number | 098-0260-021-04 | Improvements Assessment | $319,203 |
| Land Assessment | $136,801 | Total Assessment | $456,004 |
Property Taxes
Parcel Number
098-0260-021-04
Land Assessment
$136,801
Improvements Assessment
$319,203
Total Assessment
$456,004
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