3851 Vineyard Ave, Pleasanton, California 94566, Pleasanton, 94566 - 0 bed, 0 bath
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3851 Vineyard Ave
Pleasanton, California 94566
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
4,350Sq Ft
8,686Lot Size
Property Price
LIST PRICE$2,248,000
EST. MARKET VALUE
$2,414,369
6% BelowMARKET VALUE
SUMMARY
This Strong Value Opportunity is a Turnkey Quadruplex listed at $2,248,000—positioned well below the $2,408,957 Fair Market Value by 6%. This valuation gap offers $160,957 in Instant Equity for the buyer. Featuring recent renovations, Granite & Quartz Countertops, and 14 total parking spaces, the property maintains a Condition Rating of 2. Located near Top-Rated Schools like Amador Valley High (9/10), this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing, low-maintenance multifamily investment in downtown Pleasanton.
Estimated Market Value
$2,414,369+$166,369 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Pleasanton.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3851 Vineyard Ave Subject | $2,248,000* List Price | 0 | 0 | 4,350 | $555 | - |
A 863 Palomino Dr Sold | $2,328,000 | 0 | 0 | 4,060 | $573 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1945, the property has undergone a comprehensive recent renovation (likely <5 years) featuring new LVP flooring, quartz and granite countertops, new cabinetry, and stainless steel appliances. The interior shows modern recessed lighting, fresh paint, and updated quartz shower enclosures, making it a turnkey investment with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Amador Valley High School (9/10).
- Prime Downtown Location
The property is situated within walking distance to vibrant Downtown Pleasanton and top-rated schools like Amador Valley High, ensuring high tenant demand and long-term value retention.
- Turnkey Condition & Upgrades
Extensive recent renovations including quartz countertops, LVP flooring, and stainless steel appliances across all units allow for immediate cash flow with minimal deferred maintenance.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8686, other record lot size in square feet = 46414.
- Vintage Infrastructure
Originally built in 1945, the property may have underlying aged core systems such as plumbing or electrical that could require future capital expenditure despite recent cosmetic upgrades.
- High Lot Density
With two buildings and 14 parking spots on an 8,686 sqft lot, there is limited common outdoor area or green space, which may be a drawback for tenants seeking private yard access.
About 3851 Vineyard Ave
PRIME 4-PLEX Multifamily Investment Opportunity or MULTI-GENERATIONAL LIVING Walking Distance to Vibrant Downtown Pleasanton. The 4 UNITS Consist of (2) Buildings on a Private, Fully Fenced & Walled Site. Front Building Includes (3) Units (A,B,D). Rear Building Includes Premium Unit C & (5) Individual Single-Car Garages Below. Plus Additional Dedicated Off-Street Parking (1) Additional Reserved Space Per Unit + (1) Guest Parking Space. A Total of (5) Single-Car Garages & 9 Off-Street Parking Spots. UNIT BREAKDOWN: UNIT A: 3 Bedrooms, 2 Bathrooms, 1,700 SqFt. UNIT B: 2 Bedrooms, 1 Bathroom, 800 SqFt. UNIT C: 3 Bedrooms, 2 Bathrooms, 1,500 SqFt. UNIT D: 1 Bedroom, 1 Bathroom, 350 SqFt. RECENT UPGRADES & QUALITY FINISHES Including: Granite & Quartz Countertops, New Cabinetry, LVP Flooring in Living/Kitchen/Bath Areas, Stainless Steel Appliances, Quartz Tub/Shower Enclosures. ALL UNITS Include Full-Size Washer, Dryers, and Refrigerators. DESIRABLE UNIT MIX - Appearls to Families, Couples, Professionals, & Singles - Diversifying Tenant Risk. RISK MITIGATION THROUGH DIVERSIFICATION: 4 Units with 4 Different Configurations & Price Points Means the Property is Not Overly Reliant on any Single Tenant Segment - If One Unit Turns Over, Others Continue Performing. Turnkey Condition & Recent Upgrades Mean you can Begin Generating Strong Cash Flow from Day One with Limited Deferred Maintenance. TOP-RATED SCHOOLS, WALKABLE DOWNTOWN, AWARD WINNING QUALITY OF LIFE, ABUNDANT PARKS & RECREATION, STRATEGIC EAST BAY LOCATION, & RESILIENT/STRONG REAL ESTATE MARKET.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1945
- Lot Size
- 8,686 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Pleasanton Unified Schools
Valley View Elementary School
Grades K-5 • 0.3 mi
6/10
Pleasanton Middle School
Grades 6-8 • 1.1 mi
8/10
Amador Valley High School
Grades 9-12 • 0.6 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,350 | 4,060 |
| Lot Size | 8,686 | 9,590 |
| Price | $2.25M | $2.33M |
| Price per sq ft | $517 | $573 |
| Built year | 1945 | 1967 |
| HOA | $0 | $0 |
| Days on market | 40 | 80 |
Pricing History
Listed for Sale
Jul 31, 2026
$2,248,000
Initial Listing