3851 Vineyard Ave, Pleasanton, CA 94566
- $2,248,000
- 9
- BD
- 6
- BA
- 4,350
- SqFt
- List Price
- $2,248,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 41143525
- Subtype
- Residential
- Style
- Ranch, Traditional
- Year Built
- 1945
- Bedrooms
- 9
- Bathrooms
- 6
- Full Baths
- 6
- Living Area
- 4,350
- Lot Size
- 8,686
- Acres
- 0.20
- Subdivision
- Downtown
- 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.
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Additional Information
- Property Description
- Ranch, Traditional
- Flooring
- Carpet, Tile
- Appliances
- Dryer, Washer
- Heating
- Forced Air
- Air Conditioning
- Yes
- Exterior Construction
- Wood Siding
- Stories
- Two Levels
- Levels
- Two
- Roof
- Shingle
- Pool Type
- None
- Parking Features
- Underground, Garage
- Garage Spaces
- 5
Listing courtesy of Listing Agent: Mike Carey (careybroker@aol.com) from Listing Office: Investment Real Estate.
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