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40775 Max Dr 4 Unit Apartment Building $2,150,000 ($537,500/Unit) Fremont, CA 94538



Investment Highlights
- Large 2BD/1BA Units
- Near Downtown Fremont and Amenities
- Large lot with ADU Potential
- Opportunity to Implement RUBS for More Income Potential
Executive Summary
Introducing a compelling multifamily investment opportunity located at 40775 Max Dr in Fremont. This 3,660 SF property features four spacious 2BD/1BA units, offering strong in-place income with meaningful upside for multifamily investors. Built in 1968 and zoned R-3-18, the property sits on a large lot with potential to enhance returns through RUBS implementation and future ADU development (buyer to verify).
Ideally located near Downtown Fremont and a wide array of retail, dining, and transit options, the property benefits from excellent tenant appeal and long-term demand drivers. This is a rare opportunity to acquire a value-add multifamily asset in a highly desirable Fremont submarket.
Ideally located near Downtown Fremont and a wide array of retail, dining, and transit options, the property benefits from excellent tenant appeal and long-term demand drivers. This is a rare opportunity to acquire a value-add multifamily asset in a highly desirable Fremont submarket.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,150,000 | Building Class | C |
| Price Per Unit | $537,500 | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 3,660 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1968 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-3-18 | ||
| Price | $2,150,000 |
| Price Per Unit | $537,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 3,660 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | R-3-18 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 900 |
1 1
Walk Score®
Walker's Paradise (91)
Property Taxes
| Parcel Number | 525-701-15-16 | Total Assessment | $1,158,560 |
| Land Assessment | $347,568 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $810,992 | Tax Year | 2025 |
Property Taxes
Parcel Number
525-701-15-16
Land Assessment
$347,568
Improvements Assessment
$810,992
Total Assessment
$1,158,560
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Amit Urban
40775 Max Dr
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