Upgraded Residential Income
For Sale
$199,900
96-1240 Via Jose, Livermore, CA 94551
Updated two-bedroom home with extensive system, envelope, and outdoor improvements.
Property Size920 SF
Price / SF$217.28
Days on Market180
Property Features for 96-1240 Via Jose
General Information
Standard status
Active
Size
920 SF
Property subtype
Manufactured In Park
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
storage shed
community shuttle
Listing Agency:
Intero Real Estate Services
(310) 908-9396
Listed By:
Vicky Li
(310) 908-9396
Source:
Exprealty
Added: Mar 5
Changed: Aug 31
Last Checked: Aug 31 at 6:11PM
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 Intero Real Estate Services
Investment Insights
Based on property information with market context.
This two-bedroom, two-bath residence in Sun Valley Mobile has received broad interior and exterior updates. Improvements include dual-pane windows, recessed lighting, new plumbing, a water heater, flooring, HVAC, shingle roofing, siding, gutters, porch decking, and an extended carport awning. The living room features a vaulted ceiling, while the property also includes additional roof insulation, basement anti-earthquake support, a storage shed, and outdoor space for barbecuing or entertaining.
The home is located near Costco, Lucky, the downtown farmers market, and Premium Outlets, which is approximately 10 minutes away. Access to HWY 84 and I-580 is nearby. A community shuttle at the gate provides direct service to a BART station, and nearby schools are also noted in the property information.
The home is located near Costco, Lucky, the downtown farmers market, and Premium Outlets, which is approximately 10 minutes away. Access to HWY 84 and I-580 is nearby. A community shuttle at the gate provides direct service to a BART station, and nearby schools are also noted in the property information.
Key Highlights
- Two‑bedroom, two‑bath home in Sun Valley Mobile
- 920 property size
- New HVAC, plumbing, water heater, flooring, and shingle roofing
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,327
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$266,540
$266.5K
Cap Rate 7%
$190,386
$190.4K
Cap Rate 9%
$148,078
$148.1K
Market Conditions
NOI Build-Up for 920 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.7K $27.96/SF
− Vacancy
−$1.5K −$1.62/SF
EGI
$24.2K $26.34/SF
− OpEx
−$10.9K −$11.85/SF
NOI
$13.3K $14.49/SF
Area
Alameda County, CA
Vacancy
5.80%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$266,540
Cap Rate 7%
$190,386
Cap Rate 9%
$148,078
Alternative Uses
Best Use
Apartment 5plus
$190.4K
$166.6K – $222.1K
NOI $13,327 @ 7.0% cap · market cap 6.67%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$4.19M
$3.67M – $4.89M
NOI $293,596 @ 7.0% cap · market cap 146.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
267
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated two-bedroom home with extensive system, envelope, and outdoor improvements.
Where is this residential income property located?
The property is located at 96-1240 Via Jose Livermore, CA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bath home in Sun Valley Mobile; 920 property size; New HVAC, plumbing, water heater, flooring, and shingle roofing
