35037 Begonia Street, Union City, California 94587, Union City, 94587 - 5 bed, 2 bath
35037 Begonia Street
Union City, California 94587
Property Price
SUMMARY
Analysis of 35037 Begonia Street, Union City, California 94587 reveals a Prime Investment Opportunity with a current list price of $1,525,000—significantly undercutting the $1,581,091 Fair Market Value by 3%. This valuation gap indicates a +$56,091 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Union City Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35037 Begonia Street Subject | $1,525,000* List Price | 5 | 2 | 1,995 | $793 | - |
A 2551 Cherrywood Dr Sold | $1,650,000 | 4 | 2 | 2,237 | $738 | 0.6 mi |
B 34803 Hollyhock Street Pending | $1,498,500 List Price | 4 | 2 | 1,844 | $813 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring an updated kitchen with granite countertops and stainless steel appliances. Although built in 1972, the interior has been renovated with modern laminate flooring and updated bathrooms to meet residential care standards, showing minimal wear and tear and functional systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9920, living area = 1995.
- Specialized Investment Potential
The property is already configured for Residential Care Facility for Elderly (RCFE) use, offering a turnkey layout for care home operators and saving significant capital on specialized renovations.
- Expansive Lot Size
Situated on a generous 9,920 square foot lot, the property provides ample outdoor space for residents and offers potential for future expansion or the addition of an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 6.
- Occupancy and Business Exclusions
The property is currently tenant-occupied and the sale does not include the business, which may complicate the transition for buyers looking for immediate possession or owner-user operations.
- Limited Bathroom Ratio
With 5 bedrooms but only 2 bathrooms, the current configuration may be underserviced for a high-capacity care facility or a large family, potentially requiring additional plumbing investment.
About 35037 Begonia Street
Unique Investment Opportunity: well-maintained property configured for Residential Care Facility for Elderly (RCFE) use in Union City. Approximately1,995 square feet of living space, on a 9,920 sq ft lot with 5 bedrooms, offers a functional floor plan and spacious outdoor area suitable for care home operations or residential living. Tenant Occupied. Business not included in sale. Buyer to verify permitted uses.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 9,920 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Union City Unified Schools
Searles Elementary School
Grades K-5 • 1.4 mi
Guy Jr. Emanuele Elementary School
Grades K-5 • 1.7 mi
Cesar Chavez Middle School
Grades 6-8 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,995 | 1,587 | 73% |
| Lot Size | 9,920 | 6,072 | 98% |
| Price | $1.52M | $1.40M | 70% |
| Price per sq ft | $764 | $831 | 28% |
| Built year | 1972 | 1976 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 159 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,525,000
Initial Listing
Sold
Dec 18, 1998
$284,000
Public Record