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3851 Vineyard Ave 10 Unit Apartment Building $2,248,000 ($224,800/Unit) Pleasanton, CA 94566
Investment Highlights
- Diverse four-unit mix serves multiple tenant demographics.
- Recent interior upgrades include modern finishes and appliances.
- Fully fenced site with two separate shared courtyards.
- Multi-Generational Living
- Walking distance to Downtown Pleasanton's Main Street amenities.
- Detached premium residence offers additional privacy with no shared walls.
Executive Summary
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, 2 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.
Property Facts
| Price | $2,248,000 | Building Class | C |
| Price Per Unit | $224,800 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 4,350 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 2.07/1,000 SF |
| Price | $2,248,000 |
| Price Per Unit | $224,800 |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 4,350 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 2.07/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Heating
- Tile Floors
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- Oven
- Range
- Carpet
- Yard
- Breakfast Nook
- Deck
- Den
- Dining Room
- Double Pane Windows
- Family Room
- Patio
- Porch
- Window Coverings
- Large Bedrooms
- Quartz Countertops
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 4 | - | 1,500 - 1,700 |
| 2+1 | 2 | - | 800 |
| 1+1 | 4 | - | 350 |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 094-0085-020-00 | Improvements Assessment | $1,280,064 |
| Land Assessment | $548,598 | Total Assessment | $1,828,662 |
Property Taxes
Parcel Number
094-0085-020-00
Land Assessment
$548,598
Improvements Assessment
$1,280,064
Total Assessment
$1,828,662
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3851 Vineyard Ave