Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2659 3Rd St Livermore, CA 94550

    View on Map
    Claim this Listing
    For Sale
    $999,000

    MULTI_FAMILY - Livermore, CA

    Property size:
    2,188 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $456/SF
    Added:
    Apr 10, 2026
    Days on Market:
    16
    Last Refresh:
    Apr 25 at 5:06 pm

    Property Features for 2659 3Rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Open
    Exterior features
    Back Yard, Front Yard, Garden/Play
    Fencing
    Fenced
    Appliances
    Gas Water Heater
    Standard status
    Active
    APN
    9713331
    Size
    2,188 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1954
    Number of units
    1
    Flooring type
    Wood, Tile, Carpet, Laminate
    Building materials
    Stucco, Wood Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Joe Reichert

    Listing agent Joe Reichert

    Listing office Keller Williams Realty 601 Sycamore Valley Road W, Danville, CA

    Listing date Apr 10, 2026

    MLS# 41130458 Listing URL

    Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Charming Livermore Home with Potential

    This charming and versatile home is located a short distance from downtown Livermore. The property is currently set up as 2 separate living spaces, but it could be converted back fairly easily or potentially permanently made into 2 units. The home offers potential for a 5th bedroom. Updated kitchen and bathrooms enhance the property. The location provides convenient access to many shops, restaurants, and wineries. The property, situated on a lot of 0.1148 acres, encompasses a total area of 2188 square feet. This multifamily property is located in Alameda County, in the city of Livermore, California.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Livermore
    County
    Alameda
    State
    California
    Longitude
    -121.763344
    Latitude
    37.683563

    Nearby Similar for Sale

    • $3,000,000

      86 Acres in Livermore Awaits

      86-acre property in Livermore for residential estate, vineyard, agriculture.
      1 Collier Canyon RD, LIVERMORE, CA 94551
      View Details
    • $12,499,000
      4,200 SF

      Livermore Equestrian Estate and Ranch

      120-acre Livermore ranch featuring a modern farmhouse and equestrian facilities.
      6033 Dagnino Rd, Livermore, CA 94551
      View Details
    • $2,700,000
      4,842 SF

      Livermore Automotive Property For Sale

      Versatile automotive property with income and redevelopment potential.
      2653 Old 1st St, Livermore, CA 94550
      View Details
    • $3,400,000
      4,230 SF

      Downtown Livermore Commercial Automotive Building

      Freestanding building in Downtown Livermore with redevelopment potential.
      1931 1St St, LIVERMORE, CA 94550
      View Details
    • $1,329,000
      1,477 SF

      Retail Condo in Mixed-Use Development

      Retail condo in a new mixed-use development in Livermore.
      1628 Holmes Street, Livermore, CA 94550
      View Details
    • $1,400,000
      3,066 SF

      Corner Unit with Valley Views

      Corner unit with views, open office, and high-ceiling warehouse.
      3161-3197 Independence Dr, Livermore, CA
      View Details
    • Contact for pricing
      5,854 SF

      Medical/Office Space Available

      5,854 SF medical/office space in Livermore, CA.
      998 Murrieta Blvd, Livermore, CA 94550
      View Details
    • $1,149,000

      Charming Livermore Home Near Downtown

      Versatile home near downtown Livermore, potential for two units.
      2659 3Rd St, Livermore, CA 94550
      View Details
    • $710,000
      2,080 SF

      Livermore Industrial Condo For Sale

      2,080 SF industrial condo with office and warehouse space.
      581 Leisure St., Livermore, CA 94551
      View Details
    • $503,250
      1,342 SF

      Industrial Condo Near I-580

      Industrial condo with office space and easy highway access.
      340 Preston Court, Livermore, CA
      View Details
    • $1,400,000
      3 SF

      Corner Unit with Valley Views

      Flex/industrial/office space with warehouse and valley views for sale/lease.
      3163 Independence Dr. | Livermore, CA 94551, CA 94551
      View Details
    • $1,190,805
      3,093 SF

      Industrial Property in Livermore, CA

      Industrial property in Livermore near amenities and freeway access.
      3189 Independence Dr., Livermore, CA 94551
      View Details

    FAQs

    What type of property is this?
    Duplex - Versatile home near downtown Livermore, potential for two units.
    Where is this duplex located?
    The property is located at 2659 3Rd 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: Updated kitchen and bathrooms; Potential to convert to two separate living spaces or units; Close proximity to downtown Livermore shops, restaurants, and wineries
    (925) 323-5051
    We can help!
    Listing Contact
    Joe Reichert
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!