1840 4th St Livermore, CA 94550-4454
Property profile & analytics
1840 4th St Livermore, CA 94550-4454
- Commercial real estate
- 6,487 SF
- 0.23 lot acres
Property ID
US09-8327737
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. Kenneth L. Gong, DDS / Dental Office
- Window Replacement Livermore / Hardware & Home Improvement / Interior Design
Property Details for 1840 4th St
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 0.23 lot acres
- Property size
- 6,487 SF
- Property type
- Commercial real estate
- APN
- 97-28-4-1
- APU
- 972841
Description
This two-story, 5,512-square-foot Class B medical office building in downtown Livermore, CA, is available for $2,490,000. Located at 1840 Fourth Street (APN 97-28-4-1), this highly visible property boasts abundant off-street parking and a modern elevator. Currently 48% occupied, the building features a long-term net lease (NNN) with a 5-year term expiring September 30, 2025, and includes two five-year lease options. The first floor is currently leased, with annual rental increases built into the agreement. The upper floor is available for lease or owner-occupancy. The property sits on a 10,000-square-foot lot and offers multiple private entrances for each suite. Permitted uses include medical/dental, business, professional, governmental, and personal service uses (day spa, hair salon, etc.), as well as residential. Its central downtown location provides easy access to shopping, dining, and Highway 580. This presents a compelling opportunity for both owner-users and investors seeking a well-located, versatile medical office building in a thriving California market. Built in 2005, the property is zoned DSP.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,015,000
- ML approach
- $1,965,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,190,000
- 6.5%
- $2,020,000
- 7%
- $1,875,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,480,000
Market price range: $533k - $1.48M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,815,000 Current use
- RESTAURANT
- $3,265,000 Change: +80% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,755,000 Change: +52% Conversion: Difficult
- MEDICAL BUILDING
- $2,565,000 Change: +41% Conversion: Easy
- OFFICE BUILDING
- $2,200,000 Change: +21% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,090,000 Change: +15% Conversion: Difficult
- RETAIL STORES
- $1,840,000 Change: +1% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,580,000 Change: -13% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Livermore
- County
- Alameda
- State
- California
- Longitude
- -121.772
- Latitude
- 37.6785
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,979
$312,120
$1,872,720
$2,184,840
-
$0.00
$0.00
$0.00
