NOT LISTED FOR SALE
16 Beds
-- Bath
8,910 Sq Ft
0.36 Acres

Last Sold April 05, 2024

Last sale price $3,750,000 $421 Per Sq Ft

8 Days on Market

Highlights

  • 0.36 Acre Lot
  • Tile Flooring
  • Coin Laundry
  • Mission San Jose Elementary School Rated A
  • Guest Parking

About This Home

As of April 2024

Explore a remarkable investment opportunity in the heart of Fremont with this well designed 10-unit apartment building. Ideally situated within the highly acclaimed school district that includes Mission San Jose High School, this property offers residents easy access to local amenities, parks, and major transportation routes. The units, ranging from one-bedrooms to spacious two-bedroom layouts, and two larger townhome style two bedrooms, offer versatile living options for every tenant base. Ample parking spaces are available, addressing residents' parking needs. With two vacant units, there's immediate potential for rental income growth. Investors can seize the opportunity to lease these units at market rates or upgrade them to increase the rent potential. Schedule a viewing today and make your mark in Fremont's real estate landscape.

Last Agent to Sell the Property

Caitlin Yates

Compass License #02137957 Listed on: 01/26/2024

Compass

Co-Listed By

Jennifer Oldham

Compass License #01325650

Last Buyer's Agent

Patrick Kong

Coldwell Banker Realty License #01506503

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.36 Acre Lot

Home Design

  • 8,910 Sq Ft Home
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 10 Carport Spaces
  • Guest Parking

Utilities

  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 513-0610-044-01

Community Details

Building Details

  • 8 Leased Units
  • 2 Vacant Units

Additional Features

  • 10 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Number Of Rooms: 10
  • Appliances: Dishwasher, Disposal, Free Standing Electric Oven, Free Standing Refrigerator, Microwave, Varies By Unit
  • Flooring: Laminate, Tile
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 420.88
  • Square Footage: 8910.00

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 10.00
  • Parking Features: Carport, Covered, Guest Parking Available, Uncovered
  • Total Parking Spaces: 10.00
  • Independent Parking Spaces: 6

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Utilities Expenses: 9548

Schools

  • School District: Alameda

Lot Info

  • Assessor Parcel Number: 513-0610-044-01
  • Lot Features: None
  • Lot Size Acres: 0.3558
  • Lot Size Sq Ft: 15500.00
  • Lot Size Units: SqFt
  • Price Per Acre: 10539629.01
  • Special Zones: Unknown

Rental Info

  • Lease Term: Security Deposits
  • Tenant Pays: Electricity, Gas, Water
  • Units Furnished: None

Building Info

  • Number of Units Total: 10

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 14.16
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 4
  • Number Of2 Bedrooms Occupied: 1
  • Number of 2 Bedroom Units: 6
  • Number Of Units Leased: 8
  • Separate Meters: Common Area Meter, Electricity, Gas

MLS Schools

  • School District County: Alameda
  • Senior High School District: Fremont Unified

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
04/05/2024 04/05/24 Sold $3,750,000 -20.8% $421 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $4,735,000 -- $531 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424005219

San Francisco Association of REALTORS® MLS