4458 Pleasanton Ave, Pleasanton, CA 94566

$1,855,000
2,880
SqFt

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List Price
$1,855,000
Status
ACTIVE
MLS#
41148322
Year Built
1964
Property Type
Quadruplex
Living Area
2,880
Lot Size
6,500
Acres
0.15
County
Alameda
Subdivision
Old Pleasanton

Property Description

Most Tri-Valley fourplexes sit in a subdivision you drive to. This one sits between downtown Pleasanton and the Fairgrounds. 4458 Pleasanton Ave is a fully occupied 1964 fourplex a short walk to Main Street and the ACE station, under four miles to BART. Four identical two-bedroom, one-bath units — two down at 697 SF, two up at 694 SF — each with its own washer and dryer, dishwasher, and wall furnace. Shared balcony up, covered porch below. Unit 2 renovated in 2025. Wall furnaces 2016; three of four water heaters 2020 or newer. Four gas, four electric, four water meters. Tenants pay their own utilities; operating expenses run 29.6% of EGI. Ancillary income adds $5,880 a year. Rents sit 7.75% below broker market, with upside at turnover at market rents. $1,855,000. $644/SF. $463,750 per unit. $126,156 gross scheduled income, $82,611 NOI, 4.45% CAP, 14.70 GRM. Request the offering memorandum and rent roll to review the numbers.

Additional Information

Appliances
Dishwasher, Gas Water Heater
Exterior
Stucco, Wood Siding
Flooring
Vinyl, Carpet
Laundry Features
Dryer, In Unit, Washer
Lot Description
Level, Front Yard, Landscaped, Paved
Parking Features
Off Street, Parking Lot, Space Per Unit - 1
Roof
Composition Shingles, Shingle
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of Joey Wang from Keller Williams Realty. 510-592-5554

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