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Detached Duplex Property
For Sale
$1,199,000

2342 Palm Ave, Livermore, CA 94550

Two separate residences offer flexible owner-occupant and rental arrangements on one parcel.

Property SizeContact for details
Days on Market131

Property Features for 2342 Palm Ave

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1951
Units 2
Listing Agency:
Listed By: Kenneth Lewis
Source: Elliman
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 31 at 2:59PM

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 Kenneth Lewis

Investment Insights

Based on property information with market context.

This duplex property includes two separate residential units situated on one lot, with approximately 25 yards between them rather than an attached configuration. The arrangement supports several occupancy options: an owner may live in one residence while leasing the other, or both units may be rented independently. An attached garage at the rear unit can serve either residence. Built in 1951, the property is positioned on the south side of town near downtown activities and events. WalkScore is 72, rated Very Walkable, while BikeScore is 77, rated Very Bikeable.

Key Highlights

  • Two separate units on one lot with approximately 25 yards between residences
  • Owner‑occupant setup allows living in one unit while renting the other
  • Both residences can be leased separately

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Daycare Center Grocery & Convenience Store Carpet & Flooring Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,568
Businesses Nearby

Demographics for 94550, CA

49,959
Population
18,390
Households
2.7
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
272.0 sq mi
ZIP Area
184
Density / Sq Mi
$177,218
Median Household Income
$88,646
Median Earnings
$2,681
Median Rent
$1,146,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate residences offer flexible owner-occupant and rental arrangements on one parcel.
Where is this duplex located?
The property is located at 2342 Palm Ave Livermore, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two separate units on one lot with approximately 25 yards between residences; Owner‑occupant setup allows living in one unit while renting the other; Both residences can be leased separately
More about this property
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