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$2,500,000   Price Analysis
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40785 Max Dr
Fremont, CA 94538
11 bed 6 bath 4,909 SqFt ($509/SqFt)
0.28 acre lot. Built 1968
Listed 2024-08-09, Taxes $16,499
Ⓧ USDA Ineligible
due to price & location

near Fremont

So what do you get when you cross a single-family home with 4 ADUs? Try an astounding ground floor investment in the evolving Irvington District

* Sale Pending *

An easy stroll or leisurely drive to shopping, restaurants, personal services, Lake Elizabeth and t he eventual Irvington BART Station, as well as easy connectors to highways 680, 880, 238and84. 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 wuld 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 and $2850/mo. All 4 ADU apartments are 2 bedroom for greater tenant retention and 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 recent structural pest control and whole home inspections, available to Realtors and prospective buyers. Corner lot with tremendous street parking. Buyer to verify actual square footage.


Presented by Bill Can!trell at
REALQUEST PROPERTIES.
Listing Agent Photo

Property MLS #41069233 from BayEast

Bedrooms: 11

Dryer
Washer
Gas Water Heater
Laundry Features: Coin Operated, Community Facility, Dryer, Washer

Cooling Features: No Air Conditioning
Heating Features: Wall Furnace
Heating: Yes

Full Bathrooms: 6

Flooring: Tile, Vinyl

Lot Description: Corner Lot, Level
Lot Size Acres: 0.2754132
Lot Size Square Feet: 11997

Parking Features: Carport - 2 Or More, Off Street, Parking Lot

Elementary School District: Fremont (510) 657-2350
High School District: Fremont (510) 657-2350

J. Haley Durham Elementary School is a public elementary school located approximately 0.5 miles away.
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G. M. Walters Junior High School is a public middle school located approximately 1.3 miles away.
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John F. Kennedy High School is a public high school located approximately 1.4 miles away.
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Seneca Centers Pathfinder Academy is a private middle and high school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 4
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2

Source Listing Status: Pending
County: Alameda
Cross Street: Chapel
Directions: Fremont 2 Chapel @Corner of Max
Source Property Type: Residential Income
Source Neighborhood: Irvington Area
Parcel Number: 5257011517
Subdivision: Irvington Area
Property Subtype: 3+ Houses on Lot
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$851,910 + $348,002
$1,199,912
$16,499
2021$835,208 + $341,180
$1,176,388
$16,143
2020$826,646 + $337,682
$1,164,328
$15,864
2019$810,441 + $331,062
$1,141,503
$15,697
2018$794,553 + $324,572
$1,119,125
$15,378
2017$778,978 + $318,210
$1,097,188
$14,986
2016$763,708 + $311,972
$1,075,680
$14,720
2015$752,239 + $307,287
$1,059,526
$14,541
2014$575,000 + $250,000
$825,000
$11,769
2013$560,000 + $240,000
$800,000
$10,922
2012$560,000 + $240,000
$800,000
$10,816
2010$705,672 + $288,265
$996,937
$12,492
2009$700,403 + $286,112
$989,515
$12,467
2008$688,304 + $281,170
$972,474
$12,263
2007$674,809 + $275,657
$953,466
$11,904

Listed 2024-08-09
$2,500,000
BayEast
Listing removed 2018-09-02
$1,950,000
MLSListings
Listed 2018-06-14
$1,950,000
MLSListings
Sold 2002-04-29
$865,000
Public Record
Sold 1999-08-04
$950,000
Public Record

Total Square Feet Living: 4909
Year Built: 1968
Construction Materials: Brick, Stucco
Property Age: 56
Roof: Composition Shingles
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.