Property profile

4047 1St St 114 Livermore, CA 94551

FOR LEASE
Office buildings
Property ID
US09-8064988
33,900 SF 0.98 ac lot Built 1982
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Crown Building, located at 4047 First St, Livermore, CA 94551, presents a fantastic opportunity for businesses seeking office space in a desirable location. This two-story, 33,321 square foot building, constructed in 1982 and renovated in 2020, offers a blend of classic charm and modern functionality. Currently, 5,000 square feet of space is available, divisible into units as small as 200 square feet, with a maximum contiguous space of 3,500 square feet. The building features a total of four suites, providing flexibility for various business needs. Amenities include ample parking with 80 spaces, and convenient access to downtown Livermore and major freeways via N Mines Cross Street. The building boasts a 9-foot ceiling height throughout, and includes multiple bathrooms and breakrooms. The property sits on a 0.98-acre lot and is zoned for light industrial mixed use. This move-in ready space is perfect for businesses seeking a well-maintained, conveniently located office in a thriving California community. The building's location offers easy access to both downtown Livermore and major transportation arteries.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1982
Construction TILT-UP CONCRETE
Total area 33,900 SF
Lot 0.98 ac (42,752 SF)
APN 99-40-30
UPID US09-8064988

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Psychotherapist Family Counselor
  • Psychotherapist Marriage Or Relationship Counselor
  • University
  • Insurance Agency
  • Home Health Care Service Home Help Service Agency

Location

4047 1St St, Unit 114 Livermore, CA 94551
Livermore metro Census 451503 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.19M
Blend (final) Blend
$5.17M

Owner & transaction history

since 2015
6 recorded transactions
2025
Price N/A
2015
$2.8M
2006
Price N/A
1985
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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