240 240 Carmelita Pl, Fremont, California 94539, Fremont, 94539 - 3 bed, 2 bath

240 240 Carmelita Pl, Fremont, California 94539 home-pic-0

240 240 Carmelita Pl

Fremont, California 94539

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,656Sq Ft
6,230Lot Size

Property Price

LIST PRICE$2,088,000
EST. MARKET VALUE
$2,172,665
3% BelowMARKET VALUE

SUMMARY

Analysis of 240 240 Carmelita Pl, Fremont, California 94539 reveals a Prime Investment Opportunity with a current list price of $2,088,000—significantly undercutting the $2,172,665 Fair Market Value by 3%. This valuation gap indicates a +$84,665 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Fremont Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$2,172,665 +$84,665 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fremont.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
240 240 Carmelita Pl
Subject
$2,088,000*
List Price
321,656$1,312-
A
40107 Catalina Place
Sold
$2,630,000421,775$1,4820.2 mi
B
294 Rosado Road
Sold
$2,530,000432,095$1,2080.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone extensive recent renovations that meet the 'excellent' criteria. Key updates include a fully remodeled chef's kitchen with custom shaker cabinets and granite counters, updated bathrooms with modern tile work and vanities, new luxury vinyl flooring, fresh interior and exterior paint, dual-pane windows, and upgraded LED lighting and electrical switches throughout.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: John Gomes Elementary School (9/10). Middle School: William Hopkins Junior High School (9/10). High School: Mission San Jose High School (9/10).

  • Premier School District

    The property is situated in the highly sought-after Mission San Jose area, offering access to top-rated schools including Gomes Elementary, Hopkins Junior High, and Mission San Jose High.

  • Extensive Modern Renovations

    The home features a fully remodeled chef's kitchen, updated bathrooms, new luxury vinyl flooring, and fresh interior/exterior paint, providing a turnkey experience for buyers.

CONSRISKS & DEFICIENCIES

  • High Price Per Square Foot

    At a listing price of $2,088,000 for 1,656 square feet, the property commands a significant premium that may be a deterrent for buyers seeking more interior space.

  • Vintage Infrastructure

    Despite the extensive cosmetic updates, the 1968 construction may still feature older underlying systems or infrastructure typical of homes from that era.

About 240 240 Carmelita Pl

Best value in Mission San Jose. Beautifully updated Mission San Jose single-story home on a generous court location in top-rated Gomes Elementary, Hopkins Jr High & Mission San Jose High & near Gomes Park. A modern front door and upgraded tile flooring lead into a bright formal living room with vaulted ceilings. A separate dining area & a spacious family room with vaulted ceilings, fireplace & sliding glass doors create a functional layout. The house can easily be converted to 4 bedrooms by adding a wall. The remodeled kitchen is a chef's delight, featuring custom shaker cabinets, granite slab counters, marble tile backsplash with a mosaic accent & stainless-steel appliances. The expanded primary bedroom provides a retreat-like feel with vaulted ceilings, recessed lighting, backyard access & an updated en-suite bathroom with custom vanity, granite counter & upgraded shower. The remodeled hall bathroom features a sleek walk-in shower with full-height tile & clear glass enclosure. Also new luxury vinyl floors, new interior& exterior paint, updated doors with modern black hardware, dual-pane windows & sliders, custom baseboards, LED lighting, upgraded outlets & switches, new paint & a new side door. Beautifully landscaped yards. Easy access to 680, 880&Silicon Valley.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1968
Lot Size
6,230 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Fremont Unified Schools

John Gomes Elementary School

Grades K-6 • 0.3 mi

9/10

William Hopkins Junior High School

Grades 7-8 • 0.6 mi

9/10

Mission San Jose High School

Grades 9-12 • 1.1 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
26%
Baths2.03.0
32%
Square foot1,6562,026
31%
Lot Size6,2307,517.5
29%
Price$2.09M$2.46M
33%
Price per sq ft$1.3K$1.2K
64%
Built year19681977
39%
HOA$0$0
50%
Days on market4155
1%

Pricing History

Listed for Sale

Mar 3, 2026

$2,088,000

Initial Listing

Sold

Sep 27, 2013

$950,000

Public Record

Sold

Sep 27, 2000

$565,000

Public Record

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