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Listed by Joey Wang • Keller Williams Realty • 925-934-2900
$1,855,000
Est. payment /mo
2,880 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $644
Subdivision Old Pleasanton
MLS Listing ID 41148322
HOA Y/N No
Year Built 1964
Lot Size 6,500 Sqft
Property Sub-Type Quadruplex
Source Bridge AOR
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
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Vinyl, Carpet
Fireplace No
Appliance Dishwasher, Gas Water Heater
Laundry Dryer, In Unit, Washer
Building
Lot Description Level, Front Yard, Landscaped, Paved
Water Public
Others
Special Listing Condition Standard
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