466 Rose Ave, Pleasanton, California 94566, Pleasanton, 94566 - 3 bed, 1 bath

ACTIVE$1,125,000
466 Rose Ave, Pleasanton, California 94566
3Beds
1Bath
1,088Sqft
7,500Lot
Year Built
1951
Close
-
List price
$1.13M
Original List price
$1.35M
Price/Sqft
$1,034
HOA
-
Days on market
-
Sold On
-
MLS number
41091207
Home ConditionTear down
Features
Patio
View-
About this home
We found 3 Cons,7 Pros. Rank: price - $1.12M(5th), sqft - 1088(1th), beds - 3(26th), baths - 1(1th).
Contractors special... Downtown Bungalow 3BR/1BA plus small guest home with bathroom, and detached garage on a 7,500 sf lot. Local architect indicated that parcel is zoned RM-1500 (Multiple Family Residential) in the Downtown Specific Plan; the combined square footage of all structures limited to 3,750 (FAR being 50% of the lot area). Another option for the property may be the statewide ADU exemption. Please check with the City to verify and review options.
Nearby schools
8/10
Phoebe Apperson Hearst Elementary School
Public,•K-5•0.7mi
6/10
Valley View Elementary School
Public,•K-5•0.9mi
6/10
Alisal Elementary School
Public,•K-5•0.9mi
8/10
Walnut Grove Elementary School
Public,•K-5•0.9mi
8/10
Pleasanton Middle School
Public,•6-8•0.3mi
8/10
Harvest Park Middle School
Public,•6-8•1.0mi
9/10
Amador Valley High School
Public,•9-12•0.6mi
9/10
Foothill High School
Public,•9-12•2.3mi
Price History
Date
Event
Price
12/12/25
Price Change
$1,125,000-10.0%
09/16/25
Price Change
$1,250,000
03/31/25
Listing
$1,350,000
Condition Rating
Tear down
Built in 1951, this property is explicitly marketed as a 'Contractors special' requiring 'Extensive Renovation' due to 'Outdated Infrastructure.' The listing highlights the lot's development potential (RM-1500 zoning, ADU exemption) over the existing structures. The complete absence of interior photos, particularly for the kitchen and single bathroom, strongly indicates these areas are in very poor, unpresentable, and likely original condition, necessitating full replacement. The overall condition suggests the property's value is primarily in the land, aligning with a tear-down or complete gut renovation.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1088.
Great Schools: High School: Amador Valley High School (9/10).
Development Potential: The parcel is zoned RM-1500 (Multiple Family Residential) in the Downtown Specific Plan, allowing for significant development potential up to 3,750 sqft of combined structures, with possible ADU exemptions.
Prime Downtown Location: Situated in the desirable 'DOWNTOWN' subdivision of Pleasanton, offering excellent walkability and access to local amenities.
Generous Lot Size: A substantial 7,500 sqft lot provides ample space for expansion, landscaping, or multi-unit development in a downtown setting.
Additional Living Space: Includes a small guest home with a bathroom and a detached garage, offering versatile options for rental income, extended family, or a home office.
Top-Rated Schools: Located within the attendance boundaries of highly-rated Pleasanton schools, including Amador Valley High School (rated 9), appealing to families.
Cons
Extensive Renovation Required: Explicitly marketed as a 'Contractors special,' indicating the property requires significant renovation, repairs, and investment to modernize or develop.
Outdated Infrastructure: Built in 1951, the property likely has outdated systems (plumbing, electrical, HVAC) and may require substantial upgrades to meet current standards.
Limited Main House Bathrooms: The main 3-bedroom bungalow features only one bathroom, which is a functional limitation for modern living and may require expansion during renovation.


