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10-Unit Apartment Building
For Sale
$3,775,000

187 Old Bernal Ave, Pleasanton, CA 94566

Commercial Sale, Pleasanton, CA

Property Size6,168 SF
Lot Size0.46 Acres
Price / SF$612.03
Days on Market22

Property Features for 187 Old Bernal Ave

General Information

Property type Commercial Sale
Property subtype Other
Rooms Laundry Room
Window features Double Pane Windows
Subdivision Downtown
Lot features Premium Lot, Rectangular Lot
Directions Main St > Old Bernal
Standard status Active
Size 6,168 SF
Lot size 0.46 Acres

Utilities

Heating system Wall Furnace
Cooling system Wall/Window Unit(s), Window Unit(s), Ceiling Fan(s)
Water source Public

Amenities

On-Site Coin Operated Laundry Room

Building Details

Year built 1951
Number of units 10
Flooring type Tile, Laminate
Building materials Wood Siding
Roof type Composition
Listing Agency: Investment Real Estate
Listed By: Mike Carey · License #01055545
Added: Aug 5 Changed: Aug 24 Last Checked: Aug 26 at 3:06PM
MLS# 41143999

Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 10-unit apartment property contains 6,168 square feet on a 0.46-acre parcel. The unit mix includes eight one-bedroom, one-bath residences and two two-bedroom, one-bath residences. An on-site coin-operated laundry room serves the property. Improvements date to 1951 and include wood siding, composition roofing, tile and laminate flooring, wall-furnace heating, and wall or window cooling with ceiling fans. Public water serves the property.

Located at 187 Old Bernal Ave in Pleasanton, the property sits one block from Main Street, where restaurants, cafés, shops, and entertainment are located. The ACE train station, I-680, and BART are also nearby, providing access to regional transportation options.

Key Highlights

  • 10‑unit apartment property with 8 one‑bedroom/one‑bath units and 2 two‑bedroom/one‑bath units
  • 6,168 square feet on 0.46 acres
  • On‑site coin‑operated laundry room

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Auto Parts Store Auto Repair Shop Grocery & Convenience Store Pet Grooming Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,019
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated residential income property with on-site coin-operated laundry and a mix of one- and two-bedroom homes.
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 $3,775,000.
What are key features of this property?
This property features: 10‑unit apartment property with 8 one‑bedroom/one‑bath units and 2 two‑bedroom/one‑bath units; 6,168 square feet on 0.46 acres; On‑site coin‑operated laundry room
More about this property
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