Royal Gardens Apartments is a prime 46-unit apartment community located at 434 Junction Ave in the thriving city of Livermore, CA. Situated on a 1.12 acre parcel of land, the subject property was originally constructed in 1957 and has a gross building area of approximately 21,889 sq ft, offering tenants spacious two-bedroom and one-bedroom floor plans. The property features tenant amenities such as on-site laundry, private parking, a swimming pool, and a pet-friendly community courtyard. The property has undergone significant capital improvements amounting to roughly $800K over the last 13 years, including new appliances, water heaters, flooring, electrical, plumbing, and improvements to the pool. The City of Livermore is located just 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. Beyond its scenic beauty, tenants also enjoy close proximity to Livermore's eclectic downtown district, known for its wide array of high-end shopping, dining, and entertainment options. The investment appeal of this asset is driven by Livermore's low vacancy levels and strong employment fundamentals.
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Listing Snapshot
Price
$11,500,000
Days On Site
40 Days
Bedrooms
N/A
Inside Area (SqFt)
21,889 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1.1191 Acres
Year Built
1957
MLS® Number
ML82013983
Status
Active
Property Tax
$166,917
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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Recent Activity
a month ago
Listing updated with changes from the MLS®
a month ago
Listing first seen on site
General Features
Acres
1.1191
Disclosures
Fault Zone - See ReportFlood Zone - See ReportNatural Hazard Disclosure
Foundation
Slab
Parking
On Street
Parking Spaces
40
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Total
21889
Water Source
Public
Zoning
RM
Interior Features
Cooling
Other
Heating
Wall Furnace
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Exterior Features
Pool Features
In Ground
Roof
Flat
Community Features
School District
Livermore Valley Joint Unified
Schools
School District
Livermore Valley Joint Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listed by of Robert Johnston of Marcus & Millichap 5103048077
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Last checked: 2025-08-19 11:02 AM UTC
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