NOT LISTED FOR SALE

Estimated Value: $1,566,000 - $1,869,000

9 Beds
5 Baths
3,849 Sq Ft
$445/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2024

Last sale price $1,700,000 $442 Per Sq Ft

Current estimated payment $11,066 / mo

75 Days on Market

Highlights

  • 4 Car Attached Garage
  • Jackson Avenue Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of August 2024

2955 Ladd Ave is a stunning four-plex located in the thriving city of Livermore, CA. Situated on an 8,778 square foot parcel of land, the subject property was originally constructed in 1964 and has a gross building area of approximately 3,849 square feet, offering its tenants spacious three-bedroom and two-bedroom floor plans. The subject property also features convenient tenant amenities such as on-site laundry and private parking. 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, Livermore's cultural scene is filled with art galleries, music festivals, and a thriving culinary landscape. Tenants also enjoy close proximity to Livermore's eclectic downtown district, known for its wide array of high-end shopping, dining, and entertainment options.

Last Agent to Sell the Property

Robert Johnston

Marcus & Millichap License #01853816 Listed on: 04/23/2024

Co-Listed By

Adam Levin

Marcus & Millichap License #01462752

Last Buyer's Agent

Rosa Behrouz

Keller Williams Realty License #01947661

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 8,799

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,849 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $115,332
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $4,180
  • Insurance Expense $3,283
  • Maintenance Expense $2,000
  • Other Expense $350
  • Utility Expense $4,484
  • Trash Expense $2,008
  • Operating Expense $40,102
  • Gross Income $113,385

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

8,799 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: MFR
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3849
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3849
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8778.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8778.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.38
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3283
  • Expense Landscape: 4180
  • Expense Maintenance: 2000
  • Expenses Other: 350
  • Expenses Total: 40102
  • Expenses Utility: 4484
  • Expense Trash: 2008
  • Income Annual Gross: 113385.00
  • Income Annual Rental: 115332
  • Income Gross Scheduled: 116892
  • Income Includes: Laundry, Rents
  • Income Other: 1560
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jul 31, 2024
Sold by
Bought by
Seller's Agent
Robert Johnston
Marcus & Millichap
Buyer's Agent
Rosa Behrouz
Keller Williams Realty
List Price
$1,900,000
Sold Price
$1,700,000
Premium/Discount to List
-$200,000
-10.53%
Views
55
Current Estimated Value
$1,696,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,617
Avg. Annual Appreciation
0.33%
Original Mortgage
$1,020,000
Interest Rate
0.0686%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 23, 2024
Closed on
Jul 30, 2024
Sold by
Bought by
Seller's Agent
Robert Johnston
Marcus & Millichap
Buyer's Agent
Rosa Behrouz
Keller Williams Realty
List Price
$1,900,000
Sold Price
$1,700,000
Premium/Discount to List
-$200,000
-10.53%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
0.0686%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
0.0425%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 15, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First American Title
-- First American Title
$1,700,000 First American Title
$1,600,000 First American Title Company
$1,300,000 First American Title Company
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,020,000
Closed $1,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/08/2024 08/08/24 Sold $1,700,000 -5.5% $442 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $1,798,000 -5.4% $467 / Sq Ft
04/23/2024 04/23/24 For Sale $1,900,000 -- $494 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,832 $1,700,000 $510,000 $1,190,000
2024 $22,832 $1,715,503 $514,651 $1,200,852
2023 $22,468 $1,681,871 $504,561 $1,177,310
2022 $22,122 $1,648,895 $494,668 $1,154,227
2021 $19,224 $1,616,575 $484,972 $1,131,603
2020 $20,912 $1,600,000 $480,000 $1,120,000
2019 $18,064 $1,326,000 $408,000 $918,000
2018 $17,654 $1,300,000 $400,000 $900,000
2017 $12,160 $844,991 $253,497 $591,494
2016 $11,353 $828,423 $248,527 $579,896
2015 $10,625 $815,983 $244,795 $571,188
2014 $2,945 $125,604 $44,001 $81,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81962577

MLSListings

APN: 098-0264-019-00

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