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Commercial > Hospitality
Sold
03/06/2018
Sold Price
$5,400,000$275/ft²

5959 Preston Ave
Livermore, CA 94551

  • -
    Bed
  • -
    Bath
  • 19,640
    ft²
    Living Area
  • 0.8
    ac
    Lot Size
  • 1
    Pool
  • 80
    Car
  • 2005
    Year Built
  • -
    DOM
  • 9
    Permits
5959 Preston Ave, Livermore, CA 94551 is a 19,640 ft² commercial hospitality property property built in 2005 on a 0.757 acre lot with 9 construction permits. This commercial hospitality property is currently off market, and it was last sold in 2018 for $5,400,000.

    Permits

    5959 Preston Ave has 9 permit records of total value of $3,755,542.

    Permit History
    9
    Permits
    $3,755,542
    Total Permit Value
    January 13, 2020
    Description: Tenant improvement remove bearing wall to increase breakfast area modify (e) restroom to all gender restroom. Modify (e) registration desk from (e) l-shape counter to (2) podium-style desks (quality inn & suites)Job Value: $100,000Status: expiredType: Tenant improvementFees: $4,979Effective Date: 2020-01-13Permit Number: TI190098
    September 16, 2019
    Description: Remodel all hotel bathrooms (39 rooms)-replace tub/shower vanities sinks toilets and fixtures; upgrade electrical lighting to led-quality inn & suitesJob Value: $250,000Status: issuedType: Commercial miscellaneousSub Type: MiscBusiness Name: Pars Power INCFees: $4,830Effective Date: 2019-09-16Permit Number: CM190082
    April 4, 2014
    Description: Roof mounted solar power system (24.3 kw)Job Value: $47,000Status: FINALEDType: Commercial miscellaneous; BuildingBusiness Name: SUN Light & PowerFees: $996Effective Date: 2014-04-04Permit Number: CM14024
    April 14, 2005
    Description: Wall sign and Monument Sign (Quality Inn and Suites)Job Value: $3,000Status: FINALEDType: Sign; Building; Building/Sign/NA/NASub Type: Wall; ; Business Name: HATSUSHI, MORIFees: $757Effective Date: 2005-04-14Permit Number: SGN05024
    March 16, 2005
    Description: Commerical spa (quality inn)Job Value: $25,000Status: finalType: Pool spaSub Type: AcomFees: $413Effective Date: 2005-03-16Permit Number: PS050028
    August 31, 2003
    Description: Temporary powerStatus: finalType: Temporary powerSub Type: TpolBusiness Name: John F Mcgowan ConstructionEffective Date: 2003-08-31Permit Number: TP030097
    July 8, 2003
    Description: Shell/TI - New 3 story Hotel (Quality Inn)Job Value: $1,726,450Status: FINALEDType: Building; Building/Non-Residential/New/RevisionBusiness Name: TKF AND ASSOCIATESFees: $322,901Effective Date: 2003-07-08Permit Number: ST03023
    March 29, 2001
    Description: 39 unit 3 story hotel (best western)Job Value: $1,604,092Status: withdrawnType: Dwelling permit; BuildingSub Type: Nind; Business Name: Bains DevelopmentsFees: $307,309Effective Date: 2001-03-29Permit Number: B010385
    March 29, 2001
    Description: Grading (best western)Status: withdrawnType: Building; Building/grading/na/naSub Type: Grading; ; Business Name: FONG, KENFees: $18,047Effective Date: 2001-03-29Permit Number: G01000009

    Current Ownership

    Information about the current owner(s).

    • Taxes Billed

      Taxes billed in 2023$65,866.44
      From latest Total Assessed Value1.16%
      Total Assessed Value$5,686,876
      =
      Land
      Assessed Value      $1,640,445
      +
      Additions
      Assessed Value      $4,046,431

      • In 2023, taxes billed for 5959 Preston Ave were $65,866.44, which is 1.16% from latest Total Assessed Value of $5,686,876.

    Property History

    5959 Preston Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 5959 Preston Ave

    • Hazard Risks

      Earthquake
      382
      Particulates
      105
      Nat'l Avg
      100
      Air Pollution
      85
      Ozone
      82
      Carb Mono
      81
      Lead
      40
      Tornado
      10
      Wind
      9
      Weather
      6
      Hail
      0
      Hurricane
      0

      • 10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5959 Preston Ave.

      Walkability Index

      14 /20

      Somewhat Walkable

      Most Walkable

      20-18

      Very Walkable

      17-15

      Somewhat Walkable

      14-10

      Car Dependent

      9-0

      5959 Preston Ave has a walkability score of 14 out of 20, which means that it is in a somewhat walkable area.

      Temperature

      Seasonal temperature sampled over multiple years

      Winter
      Average

      48 °F

      Low

      39°F

      High

      57°F

      Summer
      Average

      69 °F

      Low

      54°F

      High

      85°F

      In the winter at 5959 Preston Ave, temperatures range from 39.27°F to 56.94°F with an average of 48.11°F. In the summer, the temperature ranges from 53.95°F to 84.68°F with and average of 69.32°F.

    School Information

    Public/private schools serving 5959 Preston Ave

      Public Schools

      Livermore High School
      Grades: 9-12
      2.70  mi
      B+
      East Avenue Middle School
      Grades: 6-8
      2.38  mi
      C+
      Arroyo Seco Elementary
      Grades: KG-5
      1.48  mi
      B+
      * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

      Nearby public schools serving 5959 Preston Ave have ratings undefined, undefined, and undefined.

    Neighborhood

    This property is located in 94551.

    • Region

      • Boundary map of 94551.

      Crime Index for 94551

      62

      Below national average
      62

      The crime index in 94551 is 62, which is 0.6 times lower than national average.

    • Seasonal Housing units 94551

      15%

      of housing is for seasonal rent.

      Daytime Population for 94551

      +16%

      of people during work hours.

    Market Trends

    Historical market data near 5959 Preston Ave over selected time period.

    Nearby Properties on Preston Ave

    USACAAlameda CountyLivermorePreston Ave