Duplex Homes on One
3675 Christensen Ln Castro Valley, CA 94546
3675 Christensen Ln, Castro Valley, CA, 94546
$1,249,000
For Sale
$1,249,000
Two updated residences on a single lot with renovated interiors and new utility infrastructure.
Property Size2,700 SF
Price / SF$462.59
Days on Market43
Property Features for 3675 Christensen Ln
General Information
- Standard status
- Active
- Size
- 2,700 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1947
Listing agency
EXP Realty of California, Inc
(510) 397-0696
Listed by
Leslie Foster · License #01804083
(510) 397-0696
Source
Exitrealty
Added: Jun 9 Updated: Jul 20 at 5:34PM Checked: Jul 21 at 4:13AM
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 EXP Realty of California, Inc
Investment Insights
Based on property information with market context.
Welcome to 3675 and 3677 Christensen Lane, a duplex arrangement offering two charming homes on one expansive lot. Each residence features a well-designed layout with space for comfortable living and entertaining, and both have been thoughtfully updated with fully renovated interiors.
The property includes extensive upgrades, including new electrical service, new plumbing, and a new sewer line. This combination of updates and flexible duplex configuration makes the offering a practical choice for buyers seeking a versatile residential income setup.
Situated at 3675 Christensen Ln in Castro Valley, the property is described as providing easy access to local amenities, shopping, dining, and top-rated schools.
The property includes extensive upgrades, including new electrical service, new plumbing, and a new sewer line. This combination of updates and flexible duplex configuration makes the offering a practical choice for buyers seeking a versatile residential income setup.
Situated at 3675 Christensen Ln in Castro Valley, the property is described as providing easy access to local amenities, shopping, dining, and top-rated schools.
Key Highlights
- Two updated residences (duplex) at 3675 and 3677 Christensen Lane on a single lot
- Year built: 1947
- Extensive upgrades include new electrical service, new plumbing, new sewer line, and fully renovated interiors
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 | $137.7k | $51.00 |
| − Vacancy | −$8.2k | −$3.05 |
| EGI | $129.5k | $47.95 |
| − OpEx | −$38.8k | −$14.39 |
| NOI | $90.6k | $33.57 |
2,700 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.29M
$1.13M – $1.51M
NOI $90,626 @ 7.0% cap · market cap 7.26%
Second Best
Apartment 5plus
$558.7K
$488.9K – $651.9K
NOI $39,112 @ 7.0% cap · market cap 3.13%
Theoretical Best
Retail
$12.31M
$10.77M – $14.36M
NOI $861,642 @ 7.0% cap · market cap 68.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two updated residences on a single lot with renovated interiors and new utility infrastructure.
Where is this duplex located?
The property is located at 3675 Christensen Ln Castro Valley, CA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Two updated residences (duplex) at 3675 and 3677 Christensen Lane on a single lot; Year built: 1947; Extensive upgrades include new electrical service, new plumbing, new sewer line, and fully renovated interiors
