Property Detail

Description

Offered at $1,999,000, 3670 Silver Oaks Way presents a rare opportunity to acquire a fully occupied five-unit multifamily asset in Livermore with a pro forma 5.3% cap rate and approximately $13,200 in annual gross rent upside. The property consists of five nearly identical 2BR/2BA units of approximately 851 SF each, offering operational efficiency, consistent unit layouts, and in-place rents below supported market levels. The asset has been well maintained and is in strong overall condition, with documented improvements, updated interiors, in-unit laundry, private outdoor space, and resident parking helping reduce near-term capital needs and support tenant retention. Ideally positioned just minutes from Downtown Livermore, with convenient access to I-580, ACE rail, major Tri-Valley employment centers, dining, retail, and recreation, the property combines stable current income, a strong physical condition, measurable rent-growth potential, and a highly desirable location for long-term multifamily ownership.