863 Palomino Dr, Pleasanton, California 94566, Pleasanton, 94566 - 0 bed, 0 bath
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Pleasanton, California 94566
Analysis of 863 Palomino Dr, Pleasanton, California 94566 is currently available with a list price of $2,398,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Pleasanton Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property features comprehensive renovations completed within the last 2-3 years, including remodeled kitchens and bathrooms, a new roof (2022), new electrical panels (2023), and new exterior paint and pavers (2022), meeting the criteria for mint condition and recent major system updates.
Elementary School: Vintage Hills Elementary School (9/10). High School: Foothill High School (9/10).
The property features extensive recent capital improvements including a new roof (2022), new electrical panels (2023), and a new paver driveway, alongside fully remodeled interiors that minimize immediate CAPEX for investors.
Situated in the desirable Vintage Hills neighborhood, the property is within walking distance to a 9-rated elementary school and close to downtown Pleasanton, ensuring high tenant demand and low vacancy rates.
Despite significant recent upgrades, the original 1967 construction may still present long-term maintenance challenges related to older plumbing or structural components typical of this era.
Only two of the four units feature in-unit washer/dryer combos, while the others rely on a shared laundry room, which may create a disparity in rental value and tenant convenience across the building.
Rare Updated 4-Plex Multi-Family Opportunity in Desirable Vintage Hills Neighborhood. Meticulously Maintained & Turn-Key. Each Unit Includes: 2 Bedrooms, 1.5 Baths, Approximately 1,000 SqFt of Living Space, Individual Private Backyards, & Designated Carport Spaces. 4 UPDATED Interior Units Including: Remodeled Kitchen(s), Bathroom(s), Wood Flooring, Fixtures, & Interior Paint. RECENT BUILDING UPGRADES Include: New Roof (2022), New Paver Driveway (2022), New Paver Patios (All Units), New Electrical Panels (2023), New Exterior Paint (2022), New Balcony for Unit D. Tenants Responsible for PG&E, Garbage, & Cable/Internet. 2 Units with Washer/Dryer Combo in Unit & 2 Units that Share Laundry Room. Perfect Opportunity for Investors Seeking Immediate Cash Flow & Long-Term Growth Potential. Located Close to Downtown Pleasanton Restaurants, Cafes, Shops, & Entertainment. Conveniently Located Close to I-680. Premium Rents, Low Maintenance, Immediate Income, & Consistent Appreciation. Reach Out for Additional Details.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1967 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 8, 2026
$2,398,000
Initial Listing
Oct 15, 2021
$2,140,000
Public Record
Jan 7, 2005
$1,095,000
Public Record
Oct 11, 2002
$920,000
Public Record