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33638 9th St
Union City, CA 94587
Multifamily Property For Sale
·
3 Units
Investment Highlights
- All units are 2 Bed / 1 Bath with similar functional floor plans.
- Oversized private garages for each unit, all with individual washer & dryer.
- Conveniently located near Union City BART Station.
- Individually metered for gas and electricity.
- Roof replaced two years ago.
Executive Summary
33638 9th Street is a well-maintained triplex property located in a desirable Union City neighborhood, just minutes from the Union City BART Station, offering excellent commuter convenience and strong rental appeal. Its proximity to major transit enhances tenant demand and supports long-term value growth in this well-connected East Bay submarket.
The property consists of a two-story building with three spacious two-bedroom/one-bath units, each featuring similar and highly functional floor plans. Unit 3 offers a mirrored layout with an exposed ceiling detail, providing a distinctive architectural element while maintaining overall layout efficiency. The consistent two-bedroom configuration appeals to a broad tenant base seeking practical, comfortable living spaces.
Each unit is individually metered for gas and electricity, minimizing landlord expense exposure and promoting operational efficiency. The building includes three separate water heaters, and every unit benefits from its own oversized private garage complete with an individual washer and dryer—highly desirable amenities that enhance tenant convenience and retention.
The roof was replaced just two years ago, reflecting continued pride of ownership and reducing near-term capital expenditure concerns for a new investor.
The property consists of a two-story building with three spacious two-bedroom/one-bath units, each featuring similar and highly functional floor plans. Unit 3 offers a mirrored layout with an exposed ceiling detail, providing a distinctive architectural element while maintaining overall layout efficiency. The consistent two-bedroom configuration appeals to a broad tenant base seeking practical, comfortable living spaces.
Each unit is individually metered for gas and electricity, minimizing landlord expense exposure and promoting operational efficiency. The building includes three separate water heaters, and every unit benefits from its own oversized private garage complete with an individual washer and dryer—highly desirable amenities that enhance tenant convenience and retention.
The roof was replaced just two years ago, reflecting continued pride of ownership and reducing near-term capital expenditure concerns for a new investor.
Property Facts
| Price Per Unit | $579,913 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 3.52% | Building Size | 3,626 SF |
| Gross Rent Multiplier | 17.71 | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.38/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-5, Union City | ||
| Price Per Unit | $579,913 CAD |
| Sale Type | Investment |
| Cap Rate | 3.52% |
| Gross Rent Multiplier | 17.71 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,626 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.38/1,000 SF |
| Zoning | R-5, Union City |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $2,606 CAD | - |
Property Taxes
| Parcel Number | 486-0024-105-04 | Improvements Assessment | $458,699 CAD |
| Land Assessment | $196,585 CAD | Total Assessment | $655,283 CAD |
Property Taxes
Parcel Number
486-0024-105-04
Land Assessment
$196,585 CAD
Improvements Assessment
$458,699 CAD
Total Assessment
$655,283 CAD
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