Introducing an exceptional multifamily investment opportunity in one of the East Bay's most desirable rental markets.

635 Saint John Street is a rare 11-unit apartment property situated on an expansive 48,752-square-foot lot in the heart of Pleasanton. The property consists of nine separate residential buildings, including a single-family home, stand-alone cottages, a triplex, and additional residential improvements, offering a unique low-density living environment rarely available in today's market.

Positioned only minutes from Downtown Pleasanton, the property benefits from exceptional walkability, proximity to major employers, excellent schools, BART, and convenient access to Interstates 580 and 680.

Investors have multiple opportunities to create long-term value through:

• Potential to develop up to 10 Accessory Dwelling Units (ADUs) (subject to approvals)
• Interior renovations to capture significant rental upside
• Implementation of a RUBS utility reimbursement program
• Additional property enhancements, including EV charging stations and improved amenities
• Recent capital improvements including exterior paint, roofing, gutters, and siding

Property Highlights

• Offered at $3,500,000
• 11 Residential Units
• 8,659 SF Building Area
• 48,752 SF Lot
• 3.32% Current Cap Rate
• Low-density cottage-style community
• Walking distance to Downtown Pleasanton
• Significant long-term appreciation and income growth potential