Fremont, CA 94538,40785 Max Dr
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Fremont, CA 94538,40785 Max Dr
Fremont, CA 94538,40785 Max Dr
Fremont, CA 94538,40785 Max Dr
Fremont, CA 94538,40785 Max Dr

$2,150,000

Est. payment /mo

$2,500,000

14.0%
Est.Price: ?

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40785 Max Dr Fremont, CA 94538

0.28 Acres Lot

SOLD DATE : 10/14/2024

Key Details

Sold Price $2,150,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Irvington Area

MLS Listing ID 41069233

Sold Date 10/14/24

HOA Y/N No

Year Built 1968

Lot Size 0.275 Acres

Property Description

So what do you get when you cross a single-family home with 4 ADUs? Try an amazing ground floor investment in the evolving Irvington District, an easy stroll or leisurely drive to shopping, restaurants, personal services, Lake Elizabeth and the eventual Irvington BART Station, as well as easy connectors to highways 680,880,238&84. This is your opportunity to get in pre-gentrification as new homes sprout up throughout the immediate region. All units currently rented. Long-term tenants would like to stay but rents are under market. On site coin-op laundry facility for additional income. Main house (unit #1) 3 bedroom/2 bathroom approx. 1150sqft & $2850/mo. All 4 ADU apartments are 2 bedroom for greater tenant retention, & 1 bathroom approx. 900 sqft each. Unit #2 $2350/mo, Unit #3 $2200/mo, Unit #4&5 $2300/mo and are each 2 bedrooms & 1 bath. Upgrades to consider for greater return: converting detached carports to garages and adding 1 additional bath to the larger bedroom of the ADU apartments (with city approval, of course). All properties have very recent structural pest control and whole home inspections, available to Realtors and prospective buyers. Corner lot with great street parking. Buyer to verify actual square footage.

Location

State CA

County Alameda

Interior

Heating Wall Furnace

Flooring Tile, Vinyl

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Garage Carport, On Street

Roof Type Shingle

Parking Type Carport, On Street

Total Parking Spaces 5

Building

Lot Description Corner Lot, Street Level

Sewer Public Sewer

Others

Tax ID 5257011517

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Cash

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California Regional MLS (CRMLS)
Listed by Bill Can!trell • RealQuest Properties
Bought with Tim Truong • Real Estate Avenue

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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