32262 Crest Lane, Union City, California 94587, Union City, 94587 - 6 bed, 2 bath
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Union City, California 94587
This Specialized Residential Care Asset is a High-Potential Investment Opportunity with a List Price of $1,525,000—positioned well below the $1,549,305 Fair Market Value by 1%. This valuation provides $24,305 in Instant Equity. The property features a Move-in Ready Condition Rating, with a 6-bedroom configuration, updated kitchen, and a spacious deck and patio. Located near James Logan High School (8/10) and Tom Kitayama Elementary (7/10), this turnkey facility is an ideal acquisition for Buy-and-Hold Investors or Residential Care Operators seeking a high-yield asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32262 Crest Lane Subject | $1,525,000* List Price | 6 | 2 | 1,980 | $782 | - |
A 32333 Crest Lane Sold | $1,352,000 | 4 | 2 | 1,566 | $863 | 0.2 mi |
B 30300 Meridien Cir Sold | $1,850,000 | 4 | 3 | 2,441 | $758 | 0.9 mi |
C 2469 Ascot Way Sold | $1,510,000 | 4 | 2 | 1,805 | $837 | 0.4 mi |
D 3142 San Angelo Way Sold | $1,300,000 | 4 | 2 | 1,675 | $776 | 0.8 mi |
E 2444 Douglas St Pending | $1,298,000 List Price | 4 | 2 | 1,888 | $688 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1971, the property is in move-in ready condition with significant interior updates. It features modern wide-plank laminate flooring throughout, an updated kitchen with white shaker-style cabinetry and stainless steel appliances, and renovated bathrooms with contemporary floor-to-ceiling tiling. The home also includes recessed lighting and plantation shutters, indicating it has been well-maintained and renovated within the last 5 to 15 years to accommodate its current residential care configuration.
With 6 bedrooms and a configuration optimized for Residential Care use, this property offers significant rental yield and specialized investment opportunities compared to standard single-family homes.
The property is already set up for residential care operations, saving a potential investor the substantial time and capital required for specialized renovations and layout adjustments.
The home is located near highly-rated schools, including James Logan High (8/10) and Tom Kitayama Elementary (7/10), which bolsters long-term property value and appeal to families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The property is sold in as-is condition, which may require the buyer to budget for immediate repairs or upgrades that are not covered by the seller.
The sale includes the real estate only and not the existing business, requiring the buyer to navigate tenant occupancy and verify permitted uses for their own future operations.
Unique Investment Opportunity: well-maintained property in Union City offering strong income potential and long-term flexibility. Approximately 1,980 square feet of living space on a 6,771 sq ft lot with 6 bedrooms, featuring a functional floor plan and spacious outdoor area. Property is configured for Residential Care use and suitable for residential or investment purposes. Tenant occupied. Business operation conducted by tenants; business not included in sale. Buyer to verify permitted uses. Property is sold as-is.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.1 mi
Grades 6-8 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 99% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,980 | 1,592 | 77% |
| Lot Size | 6,771 | 6,076 | 73% |
| Price | $1.52M | $1.40M | 70% |
| Price per sq ft | $770 | $831 | 33% |
| Built year | 1971 | 1973 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 140 | 10% |
Feb 27, 2026
$1,525,000
Initial Listing
Jul 2, 1998
$75,000
Public Record
Jul 1, 1994
$63,000
Public Record