$5,005,000
PENDING

Estimated payment $31,671/month

Total Views 8,011
24 Beds
-- Bath
11,814 Sq Ft
$424 Price per Sq Ft

Highlights

  • 0.51 Acre Lot
  • Wood Flooring
  • Ceiling Fan
  • Niles Elementary School Rated A
  • Balcony
  • 4-minute walk to Niles Town Plaza

About This Home

37847 Niles Blvd is an exceptional sixteen-unit apartment complex situated in the picturesque Niles Canyon area of Fremont, California. This property occupies a generous 0.58-acre lot and features a well-balanced unit mix, comprising eight one-bedroom, one-bath units and eight two-bedroom, one-bath units. Residents and guests benefit from ample dedicated parking, in addition to a vacant 3,000 SF lot, which presents opportunities for expanded parking or potential future development. The property's appealing configuration consists of eight two-bedroom, one-bath units, along with eight one-bedroom, one-bath units, catering to a diverse range of tenants. Located in the vibrant Downtown Niles neighborhood, residents enjoy the convenience of being within walking distance to attractions such as the Niles Canyon Railway, a variety of restaurants and cafes, and the Niles Essanay Silent Film Museum.

Listing Agent

Louis Kwok

Kidder Mathews License #01980615 Listed on: 05/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Parking

  • 16 Open Parking Spaces

Home Design

  • Stucco

Interior Spaces

  • 11,814 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Built-In Gas Oven
  • Free-Standing Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Wall Furnace
  • Separate Meters

Additional Features

  • Balcony
  • 0.51 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 507-0310-009-05

Community Details

Overview

  • 16 Units

Building Details

  • 12 Leased Units
  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Levels: Two
  • Stories: 2
  • Year Built: 1961
  • Special Features: UnderContract

Interior Features

  • Number Of Rooms: 56
  • Appliances: Built-in Electric Oven, Built-in Gas Oven, Electric Cook Top, Free Standing Electric Oven, Free Standing Gas Oven, Free Standing Refrigerator, Self/Cont Clean Oven
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 423.65
  • Square Footage: 11814.00

Exterior Features

  • Construction Materials: Stucco
  • Patio And Porch Features: Balcony/Deck

Garage/Parking

  • Independent Parking Spaces: 16

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Wall Furnace

Lot Info

  • Assessor Parcel Number: 507-0310-009-05
  • Lot Features: None
  • Lot Size Acres: 0.5051
  • Lot Size Sq Ft: 22000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 9908928.92

Building Info

  • Number of Units Total: 16

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 4
  • Gross Rent Multiplier: 13.62
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 8
  • Number Of2 Bedrooms Occupied: 8
  • Number of 2 Bedroom Units: 8
  • Number Of Units Leased: 12
  • Separate Meters: Electricity, Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Pending -- -- --
05/02/2025 05/02/25 For Sale $5,005,000 -- $424 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Source: San Francisco Association of REALTORS® MLS

MLS Number: 425036113

San Francisco Association of REALTORS® MLS