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.
| MLS # | 41148322 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 42 |
| Listing Provided By | Keller Williams Realty | Joey Wang |
| Units | 4 |
|---|---|
| Zoning | RM-15 |
| Acreage | 0.15 |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Gas Water Heater |
| Roof | Shingle |
|---|---|
| Construction Materials | Stucco, Wood Siding |
| Lot Features | Front Yard, Street Level |
| Parking Features | On Street |
|---|
| State | CA |
|---|---|
| County | Alameda |
| City | Pleasanton |
| Zip Code | 94566 |
| Community Name | OLD PLEASANTON |
| Listing VS Median (in OLD PLEASANTON) | |
Price: $1,855,000 low | high Med: $0 On site: 42 low | high Med: | |
| State | CA |
|---|---|
| County | Alameda |
| City | Pleasanton |
| Zip Code | 94566 |
| Community Name | OLD PLEASANTON |
| Listing VS Median (in OLD PLEASANTON) | |
Price: $1,855,000 low | high Med: $0 On site: 42 low | high Med: | |
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