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    Union City Multifamily Triplex Title is generated by Realmo AI

    33638 9th St, Union City, CA 94587

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    Multifamily property featuring three units in Union City.

    Type:Multifamily
    Property size:
    2,984 SF
    Price / SF:
    $427/SF
    Added:
    Mar 2, 2026
    Days on Market:
    118
    Last Refresh:
    Mar 16 at 1:55 pm

    Property Features for 33638 9th St

    General Information

    Standard status
    Active
    Size
    2,984 SF
    Property subtype
    Multifamily

    Building Details

    Year Built
    1963

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    Tony Zizzo

    Listing office Compass Commercial Real Estate

    Listing date Mar 2, 2026

    Source Crexi

    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 Compass Commercial Real Estate

    HighLights

    • Multifamily property with 3 units.
    • Priced at $425,000 per unit.
    • Built in 1963.

    Overview

    This multifamily property, located in Union City, California, features three units. The total property size is 2984 square feet. It is classified as a triplex and a residential income property.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $152.2k $51.00
    − Vacancy −$9.1k −$3.05
    EGI $143.1k $47.95
    − OpEx −$42.9k −$14.39
    NOI $100.2k $33.57
    2,984 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $1.43M
    $1.25M – $1.67M (±1% cap)
    NOI $100,158 @ 7.0% cap · market cap 7.86%
    Second Best
    Apartment 5plus
    $617.5K
    $540.3K – $720.4K (±1% cap)
    NOI $43,226 @ 7.0% cap · market cap 3.39%
    Theoretical Best
    Retail
    $13.60M
    $11.90M – $15.87M (±1% cap)
    NOI $952,273 @ 7.0% cap · market cap 74.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Union City
    County
    Alameda
    State
    California
    Longitude
    -122.021814
    Latitude
    37.5995878

    FAQs

    What type of property is this?
    Triplex - Multifamily property featuring three units in Union City.
    Where is this triplex located?
    The property is located at 33638 9th St Union City, CA.
    What is the asking price?
    The asking price for this property is $1,275,000.
    What are key features of this property?
    This property features: Multifamily property with 3 units.; Priced at $425,000 per unit.; Built in 1963.
    More about this property
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