3851 Vineyard Ave, Pleasanton, CA 94566

$2,248,000
9
BD
6
BA
4,350
SqFt

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List Price
$2,248,000
Status
ACTIVE
Year Built
1945
Style
Ranch, Traditional
MLS#
41143525
Bedrooms
9
Bathrooms
6
Living Area
4,350
Lot Size
8,686
Type
Single Family Residential
Zip
94566
city
Pleasanton
Neighborhood
Downtown

Property Description

PRIME 4-PLEX Multifamily Investment or MULTI-GENERATIONAL LIVING Opportunity Walking Distance to Vibrant Downtown Pleasanton. The 4 UNITS Consist of (2) Buildings on a Private, Fully Fenced & Walled Site. Front Building Includes (3) Units (A,B,D). Rear Building Includes Premium Unit C & (5) Individual Single-Car Garages Below. Plus Additional Dedicated Off-Street Parking (1) Additional Reserved Space Per Unit + (1) Guest Parking Space. A Total of (5) Single-Car Garages & 9 Off-Street Parking Spots. UNIT BREAKDOWN: UNIT A: 3 Bedrooms, 2 Bathrooms, 1,700 SqFt. UNIT B: 2 Bedrooms, 1 Bathroom, 800 SqFt. UNIT C: 3 Bedrooms, 3 Bathrooms, 1,500 SqFt. UNIT D: 1 Bedroom, 1 Bathroom, 350 SqFt. RECENT UPGRADES & QUALITY FINISHES Including: Granite & Quartz Countertops, New Cabinetry, LVP Flooring in Living/Kitchen/Bath Areas, Stainless Steel Appliances, Quartz Tub/Shower Enclosures. ALL UNITS Include Full-Size Washer, Dryers, and Refrigerators. DESIRABLE UNIT MIX - Appearls to Families, Couples, Professionals, & Singles - Diversifying Tenant Risk. RISK MITIGATION THROUGH DIVERSIFICATION: 4 Units with 4 Different Configurations & Price Points Means the Property is Not Overly Reliant on any Single Tenant Segment - If One Unit Turns Over, Others Continue Performing. Turnkey Condition & Recent Upgrades Mean you can Begin Generating Strong Cash Flow from Day One with Limited Deferred Maintenance. TOP-RATED SCHOOLS, WALKABLE DOWNTOWN, AWARD WINNING QUALITY OF LIFE, ABUNDANT PARKS & RECREATION, STRATEGIC EAST BAY LOCATION, & RESILIENT/STRONG REAL ESTATE MARKET.

Additional Information

Lot Description
Premium Lot, Rectangular Lot
Fireplaces
1
Kitchen Features
Updated Kitchen
Flooring
Tile, Carpet, Engineered Wood
Heating
Forced Air
Cooling
Central Air
Laundry
In Unit
Stories
2
Exterior
Wood Siding
Roof
Composition Shingles
Garage
Yes
Garageparking
Attached, Detached, Below Building Parking
Garage Spaces
5
Water Sewer
Public
Building Type
Detached
Acres
0.20

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Calculator source: Real Geeks

Listing courtesy of Mike Carey from Investment Real Estate. 925-963-0569

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