Downtown Pleasanton Multifamily Investment
For Sale
$3,995,000
187 Old Bernal Ave, Pleasanton, CA 94566
Updated 10-unit residential property near downtown Pleasanton.
Property SizeContact for details
Days on Market122
Property Features for 187 Old Bernal Ave
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1951
Units
10
Listing Agency:
INVESTMENT REAL ESTATE COMPANY
(925) 963-0569
Listed By:
Mike Carey · License #01055545
(925) 963-0569
Source:
Elliman
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 8 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of INVESTMENT REAL ESTATE COMPANY
Investment Insights
Based on property information with market context.
This meticulously maintained, turn-key property features 10 updated residential units, comprising eight 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. An on-site coin-operated laundry room is available for residents. Located in downtown Pleasanton, the property is one block from Main Street's restaurants, cafes, shops, and entertainment venues. Its location also offers convenient access to the ACE Train station, I-680, and BART. The property is positioned as an investment opportunity with immediate cash flow and long-term growth potential, characterized by consistent appreciation, low vacancy rates, and premium rents. The bike score is 69, indicating it is bikeable. The walk score is 81, indicating it is very walkable. The transit score is 32, indicating some transit options are available.
Key Highlights
- Prime downtown Pleasanton location, just a block from Main Street restaurants, cafes, shops, and entertainment.
- Turn‑key, meticulously maintained 10‑unit residential building.
- Strong investment opportunity with consistent appreciation, low vacancy rates, and premium rents.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,019
Businesses Nearby
Explore this area
Business Placement
Demographics for 94566, CA
45,055
Population
16,698
Households
2.7
Avg Household Size
43
Median Age
67%
College-Educated
95%
High-School Grad
20.3 sq mi
ZIP Area
2,219
Density / Sq Mi
$187,721
Median Household Income
$104,642
Median Earnings
$2,639
Median Rent
$1,592,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated 10-unit residential property near downtown Pleasanton.
Where is this apartment building located?
The property is located at 187 Old Bernal Ave Pleasanton, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: Prime downtown Pleasanton location, just a block from Main Street restaurants, cafes, shops, and entertainment.; Turn‑key, meticulously maintained 10‑unit residential building.; Strong investment opportunity with consistent appreciation, low vacancy rates, and premium rents.
