REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 11,500,000
Est. payment | /mo
21,889 SqFt
$ 11,500,000
Est. payment | /mo
21,889 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 21,889 sqft
Price per Sqft $525
MLS Listing ID ML82013983
HOA Y/N No
Year Built 1957
Lot Size 1.119 Acres
Acres 1.12
Property Sub-Type Other
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
Zoning RM
Interior
Heating Wall Furnace
Cooling Other
Fireplace No
Building
New Construction No
Others
Tax ID 098026400110
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Robert Johnston • Marcus & Millichap