3670 Silver Oaks Way, Livermore, CA 94550
- $1,999,000
Listed by Jeremiah Botros, (925) 390-8768 from HomeSmart Optima Realty, Inc
(If provided) CoList: Michael Awadalla from HomeSmart Optima Realty, Inc
- List Price
- $1,999,000
- MLS#
- CC41142823
- Status
- ACTIVE
- Lot Size
- 13,090
- Listing Area
- Livermore
- Year Built
- 1988
Property Description
Offered at $1,999,000, 3670 Silver Oaks Way presents a rare opportunity to acquire a fully occupied five-unit multifamily asset in Livermore with a pro forma 5.3% cap rate and approximately $13,200 in annual gross rent upside. The property consists of five nearly identical 2BR/2BA units of approximately 851 SF each, offering operational efficiency, consistent unit layouts, and in-place rents below supported market levels. The asset has been well maintained and is in strong overall condition, with documented improvements, updated interiors, in-unit laundry, private outdoor space, and resident parking helping reduce near-term capital needs and support tenant retention. Ideally positioned just minutes from Downtown Livermore, with convenient access to I-580, ACE rail, major Tri-Valley employment centers, dining, retail, and recreation, the property combines stable current income, a strong physical condition, measurable rent-growth potential, and a highly desirable location for long-term multifamily ownership.
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Additional Information
- Acres
- 0.30
- Amenities
- Balcony/Patio, Mirrored Closet Door(s)
- Cooling System
- Window / Wall Unit, Ceiling Fan
- Exterior Features
- Siding - Wood
- Floor Covering
- Laminate, Tile, Vinyl, Carpet - Wall to Wall
- Garage Parking
- Off-Site Parking, Parking Area
- Heating System
- Baseboard, Electric
- Laundry Facilities
- Dryer
- Lot Description
- Grade - Level
- Lot Size
- 13,090
- Neighborhood
- Livermore
- Numberof Units
- 5
- Pool Description
- Pool - In Ground
- Roof
- Composition
- Unincorporated Yn
- Yes
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