42010 Blacow Road Fremont, CA 94538

$28,080,000
42010 Blacow Road, Fremont, CA 94538
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ML81644430

Multi-Family Home for sale in Fremont, CA

for $28,080,000. This 46,920 square foot home was built in 1968 on a lot size of 3 Acre(s).

Property Information

  • $28,080,000
  • Multi-Family
  • 46,920 Square Feet
  • Taxes are $357,300
  • Other / Unknown
  • Active
  • Lot size of 3 Acre(s)
  • Built in 1968
  • Fremont, CA
  • Irvington Neighborhood
  • Alameda County
  • MLS/Web ID is ML81644430

Description

*Financials based on proforma numbers. Arbordale Gardens Apartments is a stunning, 72-unit apartment community located at 42010 Blacow Road in the rapidly expanding city of Fremont, California. Situated on a huge, 3-acre parcel of land, the subject property has a gross livable area of approximately 46, 336 SF, offering its tenants spacious studio, one, and two-bedroom floorplans to call home. Arbordale Gardens has recently undergone significant exterior capital improvements including all new fiberglass torch down roofs, new hot water heaters in each building, new concrete surrounding the pool, new exterior paint, and security camera system throughout the property. The subject property benefits from its close proximity to major tech companies such as TESLA, highly rated Irvington High School, and the new proposed Irvington BART Station. The investment appeal of this asset is driven by Fremont's strong employment fundamentals, low vacancy levels and rapidly growing rental demand.

Interior 4

Appliances

  • Dishwasher
  • Refrigerator

Heating System

  • Wall Unit

Utilities

  • Electric

Water Source

  • Public Water

Exterior 2

Exterior

  • Pool (In Ground)

Parking

  • 21-40 Parking Spaces
  • Assigned Parking

Miscellaneous 1

Maintenance Fee Includes

  • Gas

† Excluded Feature

Listed By

Listing Agent: Adam S. Levin
Broker: MARCUS & MILLICHAP

42010 Blacow Road, Fremont, CA, 94538 is a Multi-Family Home for sale at $28,080,000 with 46,920 sqft and a lot size of 3 Acre(s). 42010 Blacow Road was built in 1968. The property's zip code is 94538 which is in Fremont, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Fremont $5,558,620 80 % below $1,015,000 96 % below
Multi-family listings in Fremont $13,742,000 51 % below $9,950,000 65 % below

Get the facts about Fremont, CA!

Population 239,527
Population Growth (since 2000) 18 %
Median Income $102,708
Median Age 38.47
Households w/ Children 41 %

Residential Dwellings

  • Owned 49305
  • Vacant 2976
  • Rented 30767

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