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38765 Mission Blvd 0.5 Acres of Residential Land in Fremont, CA 94536
Investment Highlights
- 38765 Mission Blvd is in the Cherry-Guardino neighborhood in Fremont, CA
- Designated R3-18 zoning, allowing for medium-density multifamily residential development
- Close proximity to Fremont BART Station, Interstate 680, and Mission San Jose, offering excellent connectivity to the Bay Area
- Fremont continues to be one of the most desirable residential markets in the East Bay, with strong demand for housing and proximity to major employers
Executive Summary
Extraordinary opportunity for a Developer/Builder/Investor. A rare gem in the City of Fremont. The property is surrounded by multi-unit developments. Incredible opportunity to develop possibly 7 attached homes. Second Round of PRP Mission Home Plans and Comment Letter has been received. Next step is to either submit a 3rd Round of PRP or start the formal submittal of plans, in which comments related to civil, landscape, acoustic and other areas will be addressed. The property currently has a lovely 5 Bedroom, 4.5 Bath, 3 Car Garage House with a Huge Lot full of potential. Move in or rent out the property while getting the plans approved. There is not much land left in Fremont for development, so don't miss out on a great return.
Property Facts
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.50 AC |
| Property Type | Land | No. Stories | 2 |
| Property Subtype | Residential | ||
| Zoning | R3-18 - Multifamily/residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.50 AC |
| No. Stories | 2 |
| Zoning | R3-18 - Multifamily/residential |
1 Lot Available
Lot 00002
| Lot Size | 0.50 AC |
| Lot Size | 0.50 AC |
Relatively flat lot currently being used for a residential building but zoned for redevelopment as a multifamily building.
Description
Currently occupied by a residential building but zoned for redevelopment as a multifamily building.
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Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 507-0585-005-02 | Improvements Assessment | $551,614 |
| Land Assessment | $551,614 | Total Assessment | $1,103,228 |
Property Taxes
Parcel Number
507-0585-005-02
Land Assessment
$551,614
Improvements Assessment
$551,614
Total Assessment
$1,103,228
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Presented by
Sumayya LLC
38765 Mission Blvd
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