Union City Duplex
For Sale
$1,288,888
33454 7Th St, Union City, CA 94587
Duplex for sale in Union City with two attached one-car garages and spacious 3-bedroom, 2-bath units.
Property Size2,342 SF
Price / SF$550.34
Days on Market80
Property Features for 33454 7Th St
General Information
Standard status
Active
Size
2,342 SF
Total Parking Spaces
2
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1991
Tenancy
Multi
Listing Agency:
Alliance Bay Realty
(650) 922-7292
Listed By:
Vandanjit Kaur · License #02165108
(650) 922-7292
Source:
Exitrealty
Added: Jun 12
Changed: Aug 8
Last Checked: Jul 31 at 3:48AM
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 Alliance Bay Realty
Investment Insights
Based on property information with market context.
This duplex for sale includes two residential units configured with approximately 3 bedrooms and 2 bathrooms each, and each unit has an attached 1-car garage. The property totals approximately 2,342 square feet of combined living area.
The address is 33454 7Th St in Union City, CA 94587. The public remarks indicate the duplex is positioned for convenient Bay Area access and proximity to BART, as well as shopping, dining, and nearby schools and parks.
As presented in the remarks, the property offers a straightforward owner-occupant or investment setup with two separate units.
The address is 33454 7Th St in Union City, CA 94587. The public remarks indicate the duplex is positioned for convenient Bay Area access and proximity to BART, as well as shopping, dining, and nearby schools and parks.
As presented in the remarks, the property offers a straightforward owner-occupant or investment setup with two separate units.
Key Highlights
- 1991‑built duplex in Union City with two attached 1‑car garages
- Each unit offers approximately 1,171 SF with 3 bedrooms and 2 bathrooms
- Duplex layout supports owner‑occupant living in one unit while renting the other
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,610
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,572,200
$1.6M
Cap Rate 7%
$1,123,000
$1.1M
Cap Rate 9%
$873,444
$873.4K
Market Conditions
NOI Build-Up for 2,342 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$119.4K $51.00/SF
− Vacancy
−$7.1K −$3.05/SF
EGI
$112.3K $47.95/SF
− OpEx
−$33.7K −$14.39/SF
NOI
$78.6K $33.57/SF
Area
Alameda County, CA
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,572,200
Cap Rate 7%
$1,123,000
Cap Rate 9%
$873,444
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$982.6K – $1.31M
NOI $78,610 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$484.7K
$424.1K – $565.4K
NOI $33,926 @ 7.0% cap · market cap 2.63%
Theoretical Best
Retail
$10.68M
$9.34M – $12.46M
NOI $747,394 @ 7.0% cap · market cap 57.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 94587, CA
70,121
Population
21,923
Households
3.2
Avg Household Size
40
Median Age
45%
College-Educated
87%
High-School Grad
19.6 sq mi
ZIP Area
3,578
Density / Sq Mi
$137,194
Median Household Income
$66,405
Median Earnings
$2,713
Median Rent
$1,058,200
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?
Duplex - Duplex for sale in Union City with two attached one-car garages and spacious 3-bedroom, 2-bath units.
Where is this duplex located?
The property is located at 33454 7Th St Union City, CA.
What is the asking price?
The asking price for this property is $1,288,888.
What are key features of this property?
This property features: 1991‑built duplex in Union City with two attached 1‑car garages; Each unit offers approximately 1,171 SF with 3 bedrooms and 2 bathrooms; Duplex layout supports owner‑occupant living in one unit while renting the other
