Duplex With Attached
For Sale
$1,595,000
3692 Sundale, Lafayette, CA 94549
Refreshed two-unit property with hardwood flooring, attached garages, and off-street parking near Lafayette Reservoir.
Property Size3,282 SF
Days on Market88
Property Features for 3692 Sundale
General Information
Standard status
Active
Size
3,282 SF
Total Parking Spaces
8
Property subtype
Multi Family Home
Units
Unit Mix
1 x 4BR/2.5BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Building Size
3,282 SF
Year Built
1955
Buildings
1
Listing Agency:
RE/MAX Accord
(925) 260-6563
Listed By:
Jeff Auen · License #01244711
(925) 260-6563
Source:
Brucebaldwin
Added: May 28
Changed: Aug 16
Last Checked: Aug 22 at 1:51PM
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 RE/MAX Accord
Investment Insights
Based on property information with market context.
This Lafayette duplex includes a 2430 sq.ft main residence with 4 bedrooms and 2.5 baths, plus an attached 2 bed-1 bath ADU rental apartment measuring 854 sq.ft. Hardwood flooring extends across the upper level of the primary unit and throughout the ADU. Interior paint, flooring, inset lighting, and bathroom improvements provide recent cosmetic updates.
The lower driveway includes 2 attached garages, while off-street parking accommodates up to 8 cars or an RV or boat. The property is in Sunset Village near Lafayette Reservoir, with downtown Lafayette and freeway access described as minutes away.
The configuration supports separate residential spaces within one property, with the attached ADU offering additional rental, office, or extended-household flexibility as permitted by applicable regulations.
The lower driveway includes 2 attached garages, while off-street parking accommodates up to 8 cars or an RV or boat. The property is in Sunset Village near Lafayette Reservoir, with downtown Lafayette and freeway access described as minutes away.
The configuration supports separate residential spaces within one property, with the attached ADU offering additional rental, office, or extended-household flexibility as permitted by applicable regulations.
Key Highlights
- 2430 sq.ft main unit with 4 bedrooms and 2.5 baths
- Attached 2 bed‑1 bath ADU rental apartment with 854 sq.ft
- 2 attached garages and off‑street parking for up to 8 cars or an RV or boat
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
$56,191
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
3.52%
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%
$1,123,820
$1.1M
Cap Rate 7%
$802,729
$802.7K
Cap Rate 9%
$624,344
$624.3K
Market Conditions
NOI Build-Up for 3,282 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
$84.7K $25.80/SF
− Vacancy
−$4.4K −$1.34/SF
EGI
$80.3K $24.46/SF
− OpEx
−$24.1K −$7.34/SF
NOI
$56.2K $17.12/SF
Area
Contra Costa County, CA
Vacancy
5.20%
Lease Rate
$25.80 /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%
$1,123,820
Cap Rate 7%
$802,729
Cap Rate 9%
$624,344
Alternative Uses
Best Use
Multifamily LT 5
$802.7K
$702.4K – $936.5K
NOI $56,191 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$745.3K
$652.2K – $869.5K
NOI $52,172 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,842 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,816
Businesses Nearby
Explore this area
Business Placement
Demographics for 94549, CA
28,637
Population
10,781
Households
2.7
Avg Household Size
45
Median Age
77%
College-Educated
99%
High-School Grad
19.8 sq mi
ZIP Area
1,446
Density / Sq Mi
$231,195
Median Household Income
$118,465
Median Earnings
$2,902
Median Rent
$1,968,500
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 - Refreshed two-unit property with hardwood flooring, attached garages, and off-street parking near Lafayette Reservoir.
Where is this duplex located?
The property is located at 3692 Sundale Lafayette, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 2430 sq.ft main unit with 4 bedrooms and 2.5 baths; Attached 2 bed‑1 bath ADU rental apartment with 854 sq.ft; 2 attached garages and off‑street parking for up to 8 cars or an RV or boat
