33638 9th Street, Union City, CA 94587
Two-story triplex offers three two-bedroom units with private garages, individual gas and electric meters, and in-unit laundry.
- Added:
- Mar 13, 2026
- Days on Market:
- 108
- Last Refresh:
- Jun 28 at 1:55 am
Property Features for 33638 9th Street
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1963
Listing office Compass (650) 770-8356
Listing date Mar 13, 2026
Source Exitrealty
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
HighLights
- Two‑story triplex built in 1963 with three 2‑bedroom/1‑bath units
- Each unit has an oversized private garage plus in‑unit washer and dryer
- Units are individually metered for gas and electricity, with three separate water heaters for the building
- Roof was replaced approximately 2 years ago, helping reduce near‑term capital expenditure
- Unit 3 includes a mirrored layout with exposed ceiling detail while keeping a functional floor plan
Overview
The building is located in a Union City neighborhood with commuter access to Union City BART Station described as minutes away. This proximity to major transit supports the property’s appeal to renters seeking convenient daily transportation.
For buyers evaluating a residential income asset, the consistent two-bedroom configuration and individually metered utilities can help streamline operations compared to shared metering. The unit-level laundry and private garages are also likely to be attractive day-to-day amenities for tenant retention. The roof replacement completed about two years ago is a further operational consideration for an owner looking to reduce near-term capital concerns.
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 | $114.8k | $51.00 |
| − Vacancy | −$6.9k | −$3.05 |
| EGI | $107.9k | $47.95 |
| − OpEx | −$32.4k | −$14.39 |
| NOI | $75.5k | $33.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Union City
- County
- Alameda
- State
- California
- Longitude
- -122.021814
- Latitude
- 37.5995878
