2134 2134 Arroyo Ct 3, Pleasanton, California 94588, Pleasanton, 94588 - 2 bed, 1 bath
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Pleasanton, California 94588
This Value-Add Condominium represents a High-Potential Investment Opportunity with a List Price of $495,000—positioned well below the $503,839 Fair Market Value by 1%. This valuation gap offers $8,839 in Instant Equity for buyers ready to modernize the Outdated Condition Rating. Featuring a private patio and access to 9/10 rated schools including Foothill High and Hart Middle, the asset benefits from no rental restrictions and a prime commuter location. It is a strategic acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2134 2134 Arroyo Ct 3 Subject | $495,000* List Price | 2 | 1 | 903 | $558 | - |
A 8185 8185 Arroyo Dr 4 Active | $515,000 List Price | 2 | 1 | 810 | $636 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is functional but significantly outdated, featuring original or older-style cabinetry, laminate countertops, and aged appliances in the kitchen. The interior shows signs of wear with older carpeting and basic fixtures, and the listing explicitly suggests the need for customization and value-add renovations to meet modern standards.
Middle School: Thomas S. Hart Middle School (9/10). High School: Foothill High School (9/10).
The property boasts exceptional connectivity with immediate access to I-680, I-580, and BART, making it an ideal hub for Bay Area professionals.
With no rental restrictions and a competitive entry-level price point for Pleasanton, this unit offers a rare opportunity for investors or buyers looking to build equity through renovation.
Built in 1972 and marketed as a 'dream space' opportunity, the unit likely requires substantial capital investment to modernize the interior and fixtures.
The 903-square-foot layout features only one bathroom for two bedrooms, which may be a drawback for families or buyers accustomed to more modern, spacious configurations.
LOCATION! LOCATION! LOCATION! Fantastic opportunity in a highly sought-after neighborhood! This Northeast-facing home sits on a private cul de sac and is priced to sell, perfect for buyers looking to customize and create their dream space. Additional perks include a carport with storage, providing extra convenience and flexibility. Enjoy unbeatable access to 680/580, BART, Stoneridge Mall, top rated schools, and endless shopping and dining options. Outdoor enthusiasts will love the nearby East Bay Regional Park trailheads for hiking and biking. The community offers wonderful amenities including a swimming pool, playground, basketball court, and more, plus no rental restrictions, making this an excellent investment as well. Don’t miss this rare chance to add value in a prime location!
No exterior & parking available.
Grades K-5 • 2.3 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 47% |
| Square foot | 903 | 1,043 | 40% |
| Lot Size | - | - | 50% |
| Price | $495.0K | $485.0K | 67% |
| Price per sq ft | $548 | $498 | 60% |
| Built year | 1972 | 1991 | 33% |
| HOA | $435.0 | $843 | 47% |
| Days on market | 102 | 111 | 33% |
Feb 25, 2026
$495,000
Initial Listing
Nov 26, 2013
$179,500
Public Record
Sep 23, 1994
$7,500
Public Record