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Listed by Joey Wang, DRE #01890931 • Keller Williams Realty
$1,855,000
Est. payment /mo
8 Beds
4 Baths
2,880 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $644
MLS Listing ID EB41148322
Bedrooms 8
Year Built 1964
Lot Size 6,500 Sqft
Property Sub-Type Fourplex
Source Bridge MLS
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.
Location
State CA
County Alameda
Area Pleasanton
Zoning RM-1
Interior
Heating Wall Furnace
Cooling Air Conditioning - None
Flooring Vinyl, Carpet - Wall to Wall
Laundry Laundry Area - In Unit, Washer, Dryer
Exterior
Exterior Feature Stucco, Siding - Wood
Parking Features Spaces per Unit - 1, Off-Street Parking, Parking Area
Garage Spaces 4.0
Roof Type Composition
Building
Lot Description Grade - Level
Water Heater - Gas
Others
Tax ID 94-151-20-1
Special Listing Condition New, Not Applicable
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