Pleasant Hill, CA94523
| 0 sqft | MLS# 41106696
Tract:
For Sale $1,700,000
Description
Located in one of Pleasant Hill's most sought-after neighborhoods, this well-maintained multifamily property provides an exceptional investment opportunity. Built in 1987 the property consists of four spacious and highly sought-after 2-bedroom, 2-bath units across two separate buildings, and is part of a larger community of 24 units. Unlike many other multifamily communities in the area, this property has no HOA. Each unit features in-unit laundry, a dedicated water heater, a private balcony, forced air HVAC, and tasteful interior upgrades—thoughtful touches that ensure high tenant satisfaction and strong retention rates. This property is professionally managed, providing a seamless, hands-off investment experience for owners. Services such as landscaping, pest control, and utility management (water and garbage) are included, offering a hassle-free ownership structure. It’s the perfect opportunity for investors seeking consistent, passive income with minimal involvement. Recent sales of similarly-sized condominiums in the area have averaged $525,000 per unit, making condo conversion an attractive potential exit strategy.
Facts
| Built in 1987 | Lot Size: 19602.00 sqft | HOA Dues: $0/month
Features
Listing provided by Ethan Berger, NAI Northern California
Based on information from California Regional Multiple Listing Service, Inc. as of August 11, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
