Listing Agent: Mike Carey      Broker/Office: Investment Real Estate
3851 Vineyard Ave Pleasanton CA 94566
$ 2,248,000
  9   |    6   |    4350 Sq Feet

Listing ID

#41143525

Status

Active

Property Type

Single Family Residence

Property Style

Ranch

County

Alameda

Neighborhood

DOWNTOWN

Year Built

1945

Days on website

2

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.
Location
Financial Information
List Price:  $ 2248000
Property Features
Appliances:  Dryer, Washer
Flooring:  Carpet, Tile
Levels:  Two
Parking Features:  Garage, Underground
Roof:  Shingle
City:  Pleasanton
Listed By:   Mike Carey   Investment Real Estate 
CA Lic#