Property Overview:
1788 Park St is a legal duplex in Livermore, CA. The property sits on a 1/3-acre (15,000 sq ft) corner lot and offers a total of 4,038 sq ft of living space. The main home features 3 bedrooms, 2 bathrooms, and 1,344 sq ft. The estimated home value is $503,200.
Income & Investment Highlights:
- Legal duplex: Second unit is fully permitted (not an ADU).
- Current tenant in 2nd unit paying $1,400/month (can stay or vacate at close).
- 4 RV rental sites with sewer, water, and electric hookups; each can rent for $800–$1,200/month.
- Estimated total gross income if fully rented: ~$7,500/month.
- AS-IS sale.
Property Features:
- Large 1/3-acre lot with dual side yard access (corner lot).
- 2-car attached garage with direct access to a 300 sq ft shop (ideal for storage or hobbies).
- Basement: Formerly rumored to be a town “speakeasy,” now used for additional living/storage space.
- Updated mini split HVAC units throughout the main house.
- New sewer lateral and new roof on main house (~2022).
- Second unit updated approximately 4 years ago.
- Shop for toys or extra storage.
Development & Expansion Potential:
- Check with city/state for options regarding ADUs, lot splits, and further development.
- Not an ADU: Second unit is fully legal per public record.
Open House & Status:
- Open house cancelled due to strong ratified offer.
Location Benefits:
- Livermore: Sought-after area with investment potential and flexible rental options.
- Corner lot provides privacy and accessibility.
- Ideal for investors or multi-generational living.