CA > Livermore
Livermore, CA 94551,434 Junction AVE
Livermore, CA 94551,434 Junction AVE
Livermore, CA 94551,434 Junction AVE
9
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Listed by Robert Johnston • Marcus & Millichap
$11,500,000
Est. payment /mo
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21,889 SqFt
Active

434 Junction AVE Livermore, CA 94551

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 21,889 sqft

Price per Sqft $525

MLS Listing ID ML82013983

Year Built 1957

Lot Size 1.119 Acres

Property Sub-Type Five or More Units

Property Description

Royal Gardens Apartments is a prime 46-unit apartment community located at 434 Junction Ave in the thriving city of Livermore, CA. Situated on a 1.12 acre parcel of land, the subject property was originally constructed in 1957 and has a gross building area of approximately 21,889 sq ft, offering tenants spacious two-bedroom and one-bedroom floor plans. The property features tenant amenities such as on-site laundry, private parking, a swimming pool, and a pet-friendly community courtyard. The property has undergone significant capital improvements amounting to roughly $800K over the last 13 years, including new appliances, water heaters, flooring, electrical, plumbing, and improvements to the pool. The City of Livermore is located just west of the highly traversed Altamont Pass, connecting California's Central Valley region to the San Francisco Bay Area. Situated in the heart of the East Bay, the city boasts a rich tapestry of vineyards, rolling hills, and vibrant community spirit. Beyond its scenic beauty, tenants also enjoy close proximity to Livermore's eclectic downtown district, known for its wide array of high-end shopping, dining, and entertainment options. The investment appeal of this asset is driven by Livermore's low vacancy levels and strong employment fundamentals.

Location

State CA

County Alameda

Area Livermore

Zoning RM

Interior

Heating Wall Furnace

Cooling Other

Exterior

Parking Features On Street, Uncovered Parking

Pool Pool - In Ground

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

Roof Type Flat / Low Pitch

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 098-0264-001-10

Security Features None

Special Listing Condition Not Applicable

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Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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