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3811 Smith St, Union City, CA 94587

Commercial property · 2 recorded sales since 2022

3811 Smith St, Union City, CA 94587 Sold March 2022 CRMLS
$1,460,000Sold March 2022

Listing Agent: Alan Siu (DRE #01713086) · Listing Office: ALAN SIU, BROKER · Contact: 510-821-1386 · Bought with: Alan Siu · ALAN SIU, BROKER · MLS #40982325 · Source: CRMLS

3.70%
Cap Rate
$36,809
NOI
14,810 sqft
Lot Size
1940
Year Built
CS
Zoning
Commercial property
Type

About this commercial property

One of Union City rarest investment opportunities, 3811 Smith Street is a remarkably priced opportunity ($990,000) that comes with incredible upside potentials (the current rents are 52% below the market value). This 4,535 square foot property on a 14,748 sqft lot is spread across 3 individual buildings (unit 3801: a commercial unit currently used as church, unit 3805: 3BR/1BA; and unit 3811: 2BR/2BA). Easy Living—A laundry-list of dining options including Hippies Brew, Birdhaus Beer Garden, and In-N-Out Burger etc., all within walking distance. Ideally located near Union Landing Shopping Center, Union City Farmers' Market, schools, shops, and 92, 84, 880 freeways making this property a convenience to travel to from anywhere in the Bay Area.

Listing description from the March 2022 sale, as reported to CRMLS.

Sale history

$1,460,000
Sold March 2022 · listed $990,000, on market February 2022 · MLS #40982325 · Source: CRMLS
Listing Agent: Alan Siu · Listing Office: ALAN SIU, BROKER · Contact: 510-821-1386 · Bought with: Alan Siu · ALAN SIU, BROKER
$1,460,000
Sold March 2022 · listed $990,000, on market February 2022 · MLS #40982446 · Source: CRMLS
Listing Agent: Alan Siu · Listing Office: ALAN SIU, BROKER · Contact: 510-821-1386 · Bought with: Alan Siu · ALAN SIU, BROKER
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