Remodeled Duplex with
For Sale
$999,000
2243 Linden St, Livermore, CA 94551
Two updated residences offer private living areas, in-unit laundry, and flexible occupancy for an owner-user or investor.
Property Size1,698 SF
Price / SF$588.34
Days on Market49
Property Features for 2243 Linden St
General Information
Standard status
Active
Size
1,698 SF
Property subtype
Multi Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
in-unit washer/dryer
carport parking
storage
mini-split HVAC
outdoor areas
Building Details
Year Built
1952
Listing Agency:
Key Impact Properties
(925) 487-7389
Listed By:
Holly R. Bruce · License #01494639
(925) 487-8389
Source:
Exitrealty
Added: Aug 20
Changed: Sep 8
Last Checked: Sep 15 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Key Impact Properties
Investment Insights
Based on property information with market context.
This 1,698-square-foot duplex contains two approximately 849-square-foot residences, each with 2 bedrooms and 1 bath. Both homes have remodeled kitchens and bathrooms, updated plumbing and electrical systems, refreshed flooring and finishes, mini-split heating and air conditioning, and in-unit all-in-one washer/dryer laundry. The property also includes carport parking, storage, refreshed outdoor areas, and a new roof.
The rear residence is vacant and ready for occupancy, while the front residence is tenant-occupied. The property is near Junction K-8, Lawrence Elementary School, Portola Village Center, Livermore Transit Center, and Downtown Livermore restaurants and shops. Built in 1952, the duplex offers separate living spaces within a compact residential income property.
The rear residence is vacant and ready for occupancy, while the front residence is tenant-occupied. The property is near Junction K-8, Lawrence Elementary School, Portola Village Center, Livermore Transit Center, and Downtown Livermore restaurants and shops. Built in 1952, the duplex offers separate living spaces within a compact residential income property.
Key Highlights
- 1,698 SF duplex with two approximately 849 sq. ft. residences
- Each unit has 2 bedrooms and 1 bath
- Remodeled kitchens and baths with updated plumbing and electrical
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,994
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,139,880
$1.1M
Cap Rate 7%
$814,200
$814.2K
Cap Rate 9%
$633,267
$633.3K
Market Conditions
NOI Build-Up for 1,698 SF
Gross rent
$86.6K $51.00/SF
− Vacancy
−$5.2K −$3.05/SF
EGI
$81.4K $47.95/SF
− OpEx
−$24.4K −$14.39/SF
NOI
$57.0K $33.57/SF
Area
Alameda County, CA
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,139,880
Cap Rate 7%
$814,200
Cap Rate 9%
$633,267
Alternative Uses
Best Use
Multifamily LT 5
$814.2K
$712.4K – $949.9K
NOI $56,994 @ 7.0% cap · market cap 5.71%
Second Best
Apartment 5plus
$351.4K
$307.5K – $410.0K
NOI $24,597 @ 7.0% cap · market cap 2.46%
Theoretical Best
Retail
$7.74M
$6.77M – $9.03M
NOI $541,877 @ 7.0% cap · market cap 54.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,753
Businesses Nearby
Explore this area
Business Placement
Demographics for 94551, CA
40,358
Population
14,475
Households
2.8
Avg Household Size
38
Median Age
44%
College-Educated
92%
High-School Grad
82.7 sq mi
ZIP Area
488
Density / Sq Mi
$130,705
Median Household Income
$67,591
Median Earnings
$2,589
Median Rent
$931,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two updated residences offer private living areas, in-unit laundry, and flexible occupancy for an owner-user or investor.
Where is this duplex located?
The property is located at 2243 Linden St Livermore, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 1,698 SF duplex with two approximately 849 sq. ft. residences; Each unit has 2 bedrooms and 1 bath; Remodeled kitchens and baths with updated plumbing and electrical
