NOT LISTED FOR SALE

1556 4th St Livermore, CA 94550

Downtown Livermore Neighborhood

Estimated Value: $907,000 - $1,420,000

4 Beds
4 Baths
2,268 Sq Ft
$529/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $1,275,000 $562 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,111/month

19 Days on Market

Highlights

  • Coin Laundry
  • Back Yard
  • 1-Story Property
  • Livermore High School Rated A-

About This Home

As of August 2024

OPEN HOUSE TUESDAY JULY 16TH 1:30 PM - 3:00 PM This is a a well-built fourplex apartment building located at 1556 Fourth St, Livermore, CA 94550. This property boasts an impressive configuration of four spacious 1-bedroom, 1-bath units with vaulted ceilings an on-site laundry room, a communal courtyard and designated carports. Additional features include a potential opportunity to develop an ADU in the back lot where the communal courtyard is currently situated. With a generous 2,268 square feet of living space on a 0.18-acre lot, there's plenty of room to appreciate and grow. What makes 1556 Fourth St truly stand out is its unbeatable location. Nestled in the vibrant heart of Livermore, you'll be near multiple parks, high-end shopping centers, and restaurants. Investors will be drawn to the high and consistent rental demand, its location, the unique charm of the building, and its potential for development and value add. Don't miss out!

Last Agent to Sell the Property

Dusty Blackman

Compass License #01999734 Listed on: 07/09/2024

Compass

Co-Listed By

Jodene Collings Hayes

Compass License #01962093

Last Buyer's Agent

Bert Aranda

Ind Rlty-DeMattei & Assoc License #00849436

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,582

Year Built

  • 1957

Lot Details

  • 8,002 Sq Ft Lot
  • Back Yard

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Cooktop

Parking

  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $67,536
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $2,400
  • Insurance Expense $3,013
  • Maintenance Expense $2,400
  • Other Expense $3,219
  • Utility Expense $2,706
  • Trash Expense $1,848
  • Operating Expense $30,465
  • Gross Income $66,043

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,582

Year Built

1957

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2268
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Kitchen: Cooktop - Electric, Refrigerator
  • Living Sq Ft: 2268
  • Stories: 1
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Flat / Low Pitch, Shingle
  • Yard/Grounds: Back Yard
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Private

Lot Info

  • Lot Acres: 0.1837
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 19.09
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3013
  • Expense Landscape: 2400
  • Expense Maintenance: 2400
  • Expenses Other: 3219
  • Expenses Total: 30465
  • Expenses Utility: 2706
  • Expense Trash: 1848
  • Income Annual Gross: 66043.00
  • Income Annual Rental: 67536
  • Income Gross Scheduled: 68086
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 550
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Jul 30, 2024
Sold by
Lead Balloon Llc
Bought by
Abboud Family Revocable and Abboud
Seller's Agent
Dusty Blackman
Compass
Buyer's Agent
Bert Aranda
Ind Rlty-DeMattei & Assoc
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Views
14
Current Estimated Value
$1,199,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,024
Avg. Annual Appreciation
-4.85%

Purchase Details

Closed on
Dec 21, 2018
Sold by
Silveira William J
Bought by
Lead Balloon Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Abboud Family Revocable $1,275,000 Chicago Title
Lead Balloon Llc -- None Available
Silveira William J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $1,275,000 -1.9% $562 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $1,300,000 0.0% $573 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $1,300,000 -- $573 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,582 $1,275,000 $382,500 $892,500
2024 $9,582 $547,885 $270,997 $276,888
2023 $9,367 $537,144 $265,684 $271,460
2022 $9,162 $526,612 $260,475 $266,137
2021 $6,492 $516,289 $255,369 $260,920
2020 $8,510 $510,997 $252,751 $258,246
2019 $8,409 $500,981 $247,797 $253,184
2018 $11,079 $739,382 $369,691 $369,691
2017 $3,325 $89,361 $36,547 $52,814
2016 $2,800 $87,610 $35,831 $51,779
2015 $2,620 $86,293 $35,292 $51,001
2014 $2,493 $84,603 $34,601 $50,002
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dusty Blackman

    Compass

    (253) 797-7126

    1 in this area

    87 Total Sales

    Dusty Blackman
    Section Image
  • Jodene Collings Hayes

    Seller Co-Listing Agent in 2024

    Jodene Collings Hayes

    Compass

    (425) 238-3898

    1 in this area

    92 Total Sales

    Jodene Collings Hayes
    Section Image

  • B

    Buyer's Agent in 2024

    Bert Aranda

    Ind Rlty-DeMattei & Assoc

See All Agents

Map

Source: MLSListings

MLS Number: ML81972464

MLSListings

APN: 097-0025-003-09

California Alameda County Livermore 94550 Downtown Livermore

1556 4th St, Livermore, CA

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