$1,798,000
$402K PRICE DROP

Estimated payment $11,146/month

Total Views 27,190
8 Beds
4 Baths
3,660 Sq Ft
$491 Price per Sq Ft

About This Home

Huge price reduction! Introducing a multifamily investment opportunity located at 40775 Max Dr in Fremont. This 3,660 SF property features four spacious 2BD/1BA units, offering strong in-place income with meaningful upside for multifamily investors. Built in 1968 and zoned R-3, the property sits on a large lot with potential to enhance returns through RUBS implementation and future ADU development (buyer to verify). Ideally located near Downtown Fremont and a wide array of retail, dining, and transit options, the property benefits from excellent tenant appeal and long-term demand drivers. This is a rare opportunity to acquire a value-add multifamily asset in a highly desirable Fremont submarket.

Listing Agent

Amit Urban

BellStreet Inc. License #01998926 Listed on: 01/20/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,660 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Zoning: R-3-18
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3660
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Living Sq Ft: 3660
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Carport Min: 4

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Includes: Laundry, Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Reserve Fund, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,198 $1,158,560 $347,568 $810,992
2024 $15,446 $1,135,847 $340,754 $795,093
2023 $14,977 $1,113,583 $334,075 $779,508
2022 $14,712 $1,091,751 $327,525 $764,226
2021 $14,389 $1,070,351 $321,105 $749,246
2020 $14,156 $1,059,383 $317,815 $741,568
2019 $14,004 $1,038,615 $311,584 $727,031
2018 $13,720 $1,018,255 $305,476 $712,779
2017 $13,374 $998,295 $299,488 $698,807
2016 $13,138 $978,727 $293,618 $685,109
2015 $12,975 $964,031 $289,209 $674,822
2014 $12,752 $945,151 $283,545 $661,606
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/15/2026 06/15/26 Price Changed $1,798,000 -2.8% $491 / Sq Ft
03/31/2026 03/31/26 Price Changed $1,850,000 -9.8% $505 / Sq Ft
03/03/2026 03/03/26 Price Changed $2,050,000 -4.7% $560 / Sq Ft
02/11/2026 02/11/26 Price Changed $2,150,000 -2.3% $587 / Sq Ft
01/20/2026 01/20/26 For Sale $2,200,000 -- $601 / Sq Ft
Source: MLSListings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $800,000 Fidelity National Title
Grant Deed $765,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $595,000 Fannie Mae Freddie Mac
Closed $600,000 Stand Alone First
Source: Public Records

About the Listing Agent

Amit Urban

BellStreet Inc.

(855) 295-4920

Section Image

Amit is experienced with 1031 Exchanges and has advised many clients on solutions and strategies to optimize their real estate holdings that meet their goals. Amit specializes in multifamily properties and residential development opportunities throughout Silicon Valley.

Specialties include:

• Real Estate Investment Sales
• Triple Net Leased Properties/Passive 1031 replacement properties
• 1031 Exchange process

Amit is a licensed Real Estate Broker in the State of

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Source: MLSListings

MLS Number: ML82031815

MLSListings

APN: 525-701-15-16

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