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337 I St, Fremont, California 94536, Fremont, 94536 - 4 bed, 2 bath

337 I St, Fremont, California 94536 home-pic-0
ACTIVE$2,800,000
337 I St, Fremont, California 94536
4Beds
2Baths
3,590Sqft
10,780Lot

Price Vs. Estimate

The estimated value ($2,800,000) is $0 (0%) lower than the list price ($2,800,000). This property may be overpriced.

Key pros and cons

Top Pros:
Multi-Unit Income Potential: Rare opportunity to own three detached rental units on one prime corner lot, offering significant income potential or versatile live-and-work arrangements.
Top Cons:
Property Age & Potential Maintenance: Built in 1919, the property, despite updates, may still present ongoing maintenance challenges or hidden infrastructure issues typical of older homes.

Compared to the nearby listings

Price:$2.80M vs avg $1.65M (+$1,150,000)97%
Size:3,590 sqft vs avg 1,651 sqft98%
Price/sqft:$780 vs avg $98711%

More Insights

Built in 1919 (106 years old).
Condition: Despite being built in 1919, this property has undergone extensive and high-quality renovations, particularly in the main unit. The description highlights a 'custom commercial kitchen with oversized island, professional-grade stainless steel appliances,' and 'updated luxury laminate flooring, central AC & heating, updated bathroom, and upgraded dual paned windows.' The images confirm these updates, showcasing modern shaker-style cabinets, stainless steel appliances, contemporary flooring, and well-maintained interiors in both the main and second units. The overall condition reflects a property that has been extensively renovated to current quality standards, with virtually new components and no visible deferred maintenance.
Year Built
1919
Close
-
List price
$2.8M
Original List price
$2.8M
Price/Sqft
$780
HOA
-
Days on market
-
Sold On
-
MLS number
41109682
Home ConditionExcellent
Features
Patio
View-

About this home

Rare opportunity to own a live & work property. 3 detached rental units on one prime corner lot of 10,780sq ft in the highly desired downtown Historic Niles District. Perfectly situated at the end of a quiet street w/ no rear neighbors & backing up to Niles Community Park, this property offers privacy, charm, & versatility. The main unit (337 I St) tucked away in the back is approx.1,850sqft & offers 3 bedrooms & 1 full bathroom. It boasts a large great room living room w/ custom doors leading out to the back patio; custom commercial kitchen w/ oversized island, professional-grade stainless steel appliances, stainless steel sink & large walk-in pantry; separate dining room w/ plantation shutters. Other highlights: upgraded dual paned windows throughout, updated luxury laminate flooring, central AC & heating, updated bathroom, oversized 2car garage, beautiful long cement aggregate driveway, large rear patio. The 2nd unit (339 I St) offers 1,060sqft, 2 bedrooms 1 bathroom, w/ family room & living room. The 3rd unit (337 I St) offers 680sqft, 1 bedroom, 1 bathroom w/ living room. Beautiful curb appeal w/ white picket fence. This property is just blocks to Niles downtown w/ restaurants, quaint shops, the Silent Film Museum, a local supermarket, a weekly farmers market, & Town Plaza.

Nearby schools

8/10
Niles Elementary School
Public,•K-6•0.4mi
8/10
Parkmont Elementary School
Public,•K-6•0.9mi
6/10
Vallejo Mill Elementary School
Public,•K-6•1.1mi
5/10
Guy Jr. Emanuele Elementary School
Public,•K-5•2.8mi
6/10
Centerville Junior High
Public,•7-8•1.7mi
4/10
Cesar Chavez Middle School
Public,•6-8•3.9mi
7/10
Washington High School
Public,•9-12•1.7mi
8/10
James Logan high school
Public,•9-12•2.9mi
Condition Rating
Excellent
Despite being built in 1919, this property has undergone extensive and high-quality renovations, particularly in the main unit. The description highlights a 'custom commercial kitchen with oversized island, professional-grade stainless steel appliances,' and 'updated luxury laminate flooring, central AC & heating, updated bathroom, and upgraded dual paned windows.' The images confirm these updates, showcasing modern shaker-style cabinets, stainless steel appliances, contemporary flooring, and well-maintained interiors in both the main and second units. The overall condition reflects a property that has been extensively renovated to current quality standards, with virtually new components and no visible deferred maintenance.
Pros & Cons

Pros

Multi-Unit Income Potential: Rare opportunity to own three detached rental units on one prime corner lot, offering significant income potential or versatile live-and-work arrangements.
Prime Historic Location: Located in the highly desired downtown Historic Niles District, just blocks from local restaurants, shops, cultural attractions, and a weekly farmers market.
Large & Private Lot: A substantial 10,780 sq ft corner lot, providing exceptional privacy with no rear neighbors and direct access to Niles Community Park.
Main Unit Modern Upgrades: The primary residence features a custom commercial kitchen with professional-grade appliances, updated dual-pane windows, luxury laminate flooring, central AC/heating, and an updated bathroom.
Strong School District: The property is located within a district featuring several highly-rated public schools, including Niles Elementary (8/10) and James Logan High School (8/10).

Cons

Property Age & Potential Maintenance: Built in 1919, the property, despite updates, may still present ongoing maintenance challenges or hidden infrastructure issues typical of older homes.
Low Bathroom-to-Bedroom Ratio (Main Unit): The main 1,850 sq ft unit with 3 bedrooms only includes one full bathroom, which could be a functional limitation for larger households.
Complex Property Management: Managing three separate rental units requires significant landlord responsibilities, including tenant screening, maintenance coordination, and lease management, which can be demanding.

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