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Listed by Robert Johnston • Marcus & Millichap
$14,310,000
Est. payment /mo
29,110 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 29,110 sqft
Price per Sqft $491
MLS Listing ID ML82014004
HOA Y/N No
Year Built 1985
Lot Size 1.503 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Alderwood Park Apartments is an exceptional 45-unit apartment community located at 277 Junction Ave in the thriving city of Livermore, CA. Situated on a 1.5 acre parcel of land, the subject property was originally constructed in 1985 and has a gross building area of approximately 29,110 square feet, offering its tenants spacious two-bedroom and one-bedroom floor plans. The property also features convenient tenant amenities such as in-unit laundry, controlled-access private parking, and a pet-friendly community courtyard. Alderwood Park Apartments has undergone significant capital improvements amounting to over $600K over the last 13 years. Improvements include new appliances, water heaters, flooring, electrical, and plumbing. The City of Livermore is located west of the highly traversed Altamont Pass, connecting California's Central Valley region to the San Francisco Bay Area. Situated in the heart of the East Bay, the city boasts a rich tapestry of vineyards, rolling hills, and vibrant community spirit. The property presents an attractive choice for investors due to its proximity to major transportation corridors and to high-end shopping, dining, and entertainment options.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Fireplace No
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