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
MLS#
41143525
Year Built
1945
Property Type
Detached
Bedrooms
9
Bathrooms
6
Full Bathrooms
6
Living Area
4,350
Lot Size
8,686
Acres
0.20
County
Alameda
Subdivision
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

Style
Ranch, Traditional
Stories
2
Garage Spaces
5
Appliances
Dryer, Washer
Exterior
Wood Siding
Fireplace
Yes
Fireplace Features
Family Room
Flooring
Tile, Carpet, Engineered Wood
Kitchen Features
Updated Kitchen
Laundry Features
In Unit
Lot Description
Premium Lot, Rectangular Lot
Total Number of Rooms
22
Parking Features
Attached, Detached, Below Building Parking
Pool Type
None
Roof
Composition Shingles
Water Sewer
Public

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Calculator source: Real Geeks

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

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