490 School St Livermore, CA 94550
Downtown Livermore NeighborhoodEstimated payment $8,798/month
Highlights
- 0.55 Acre Lot
- Corner Lot
- No HOA
- Jackson Avenue Elementary School Rated A-
About This Lot
Incredible Development Opportunity - 0.55-Acre Residential Lot Near Livermore High School Presenting a rare chance to acquire a 0.55-acre lot in a prime location, directly across from Livermore High School. This spacious parcel offers outstanding potential for multi-family residential development, ideal for those looking to capitalize on the high demand for rental properties in Livermore California . According To City Of Livermore Planning Department . This property is located in typical RL zoning districts, therefore, SB9 is permitted on site. SB9 only allows for two lots to be created and a maximum of four units total between the two lots (two primary units and two ADUs). Home On Property Has Little to Know Value , and Currently Vacant.
Property Details
Property Type
- Land
Est. Annual Taxes
- $14,766
Lot Details
- 0.55 Acre Lot
- Corner Lot
- Few Trees
- Possible uses of the property include Residential
- May Be Possible The Lot Can Be Split Into 2+ Parcels
- Subdivision Possible
- Property is zoned RL
Community Details
- No Home Owners Association
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 098A-0414-007-04
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,766 | $1,224,000 | $408,000 | $816,000 |
| 2024 | $14,766 | $1,200,000 | $400,000 | $800,000 |
| 2023 | $1,474 | $39,354 | $29,457 | $9,897 |
| 2022 | $1,427 | $31,582 | $28,879 | $9,703 |
| 2021 | $636 | $30,826 | $28,313 | $9,513 |
| 2020 | $1,316 | $37,438 | $28,023 | $9,415 |
| 2019 | $1,300 | $36,705 | $27,474 | $9,231 |
| 2018 | $1,246 | $35,985 | $26,935 | $9,050 |
| 2017 | $1,194 | $35,279 | $26,407 | $8,872 |
| 2016 | $1,118 | $34,587 | $25,889 | $8,698 |
| 2015 | $1,063 | $34,068 | $25,500 | $8,568 |
| 2014 | $1,037 | $33,401 | $25,001 | $8,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Sold | $1,300,000 | -5.1% | $1,218 / Sq Ft |
| 02/23/2025 02/23/25 | Pending | -- | -- | -- |
| 02/11/2025 02/11/25 | For Sale | $1,370,000 | -- | $1,284 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,300,000 | Wfg National Title Insurance C |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | Seller Take Back |
Source: MetroList
MLS Number: 225016047
APN: 098A-0414-007-04
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