
Union City, California 94587
This property presents a High-Potential Investment Opportunity with a List Price of $1,599,000—positioned slightly above the $1,588,284 Fair Market Value. While the home requires significant modernization due to its Condition Rating of 5, the 2,182 sqft layout offers a versatile floor plan with a self-contained downstairs area, ideal for multi-generational living. Located near James Logan High School and major transit, this asset provides a strategic foundation for value-add renovations. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic upgrades.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31342 Santa Fe Way Subject | $1,599,000* List Price | 5 | 3 | 2,182 | $728 | - |
A 2116 Sunsprite Drive Sold | $1,751,000 | 3 | 2 | 2,086 | $839 | 0.7 mi |
B 3138 3138 Chimney Ct Sold | $1,250,000 | 4 | 2 | 1,434 | $872 | 0.8 mi |
C 2485 Ascot Way Active | $1,300,000 List Price | 4 | 2 | 1,769 | $735 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1969 and sold 'AS IS,' the property is over 50 years old with no evidence of recent renovations. The interior features original wood paneling, popcorn ceilings, and highly outdated kitchen and bathrooms (including blue sinks and original cabinetry) that require a full rehab to meet modern standards.
High School: American High School (9/10).
The 2,182 sqft layout features a flexible downstairs area with its own kitchen and full bathroom, making it ideal for multi-generational living or guest quarters.
The inclusion of installed solar panels provides immediate value and long-term utility cost savings, a significant benefit for a home of this size.
The property is being sold in 'as-is' condition, which suggests that buyers may need to allocate additional funds for immediate repairs or modernization.
Built in 1969, the home likely requires cosmetic and functional updates to meet contemporary standards and fully realize its market potential.
Welcome to 31342 Santa Fe Way, a spacious two-story home in the heart of Union City—where comfort, flexibility, and everyday convenience come together beautifully. Newly Renovated: Beautiful Flooring Stainless steel Stove/Microwave/Refrigerator Updated Kitchen Cabinets/Hardware New Countertops Newly paint throughout And so much more! Ready to move in: This 5 bedroom, 3-bath residence offers 2,182 square feet of thoughtfully designed living space, plus abundant potential for buyers ready to add their personal touch. The extra-large upstairs Owner's Suite leaves room for future expansion. In addition, the upstairs area includes 3 additional bedrooms and 2 full bathrooms. Installed Solar Panels are included for the ultimate in comfort. The generous downstairs area shines as a flexible bonus space—perfect for a second primary bedroom, home office, guest quarters, or recreation room to suit your lifestyle. In addition to the bonus space, the downstairs area includes a full bathroom, kitchen, living room, dining room and den. Built with quality craftsmanship, the home features a warm fireplace, tons of storage throughout, and a layout that flows naturally from room to room. Step outside to a beautiful spacious backyard filled with mature plants and dedicated storage—an inviting retreat for morning coffee, weekend gatherings, or quiet evenings under the stars. Commuters will love the location and close proximity to Silicon Valley. A bus stop at Alvarado-Niles Rd; Santa Maria Dr sits just steps away, and nearby access points make reaching the greater Bay Area effortless. Everyday errands are easy with Foodmaxx close by, while David Jones Park offers green space for recreation. Families will appreciate proximity to James Logan High School. Situated in a welcoming neighborhood on a comfortable lot, this home delivers space, versatility, and an unbeatable location at an attractive price point.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-6 • 2.1 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.6 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,182 | 1,630.894 |
| Lot Size | 5,500 | 5,715.723 |
| Price | $1.60M | $1.39M |
| Price per sq ft | $733 | $781 |
| Built year | 1969 | 1977 |
| HOA | $0 | $142 |
| Days on market | 35 | 38 |
Aug 5, 2026
$1,599,000
Initial Listing