3629 Union Street, Fremont, California 94538, Fremont, 94538 - 2 bed, 1 bath
Loading property details...
3629 Union Street
Fremont, California 94538
ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
1,208Sq Ft
15,018Lot Size
Property Price
LIST PRICE$1,499,000
SUMMARY
Analysis of 3629 Union Street, Fremont, California 94538 is currently available with a list price of $1,499,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Originally built in 1930 (>90 years old) with no evidence of modern renovations. The listing explicitly states the 'true value is in the lot' and suggests subdividing or building a new home. Interior photos show significant floor damage, outdated wall heaters, a primitive kitchen with missing appliances, and dilapidated outbuildings, indicating the structure is at the end of its functional life.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15018, living area = 1208.
- Exceptional Development Potential
The massive 15,018-square-foot lot is a rare find in Fremont, offering significant opportunities to subdivide into two lots, expand the existing residence, or build a custom estate subject to city approval.
- Prime Central Location
Boasting high walkability to Safeway, local farmers markets, and dining, the property also provides excellent commuter access to Highways 680 and 880, making it ideal for Silicon Valley professionals.
CONSRISKS & DEFICIENCIES
- Dated Original Structure
Built in 1930, the existing 2-bedroom, 1-bathroom home is modest in size and likely requires a total renovation or teardown to meet the expectations of modern buyers.
- High Capital Requirement
With a list price of $1.499M primarily reflecting land value, buyers will need substantial additional liquid capital for the necessary construction, remodeling, or subdivision costs.
About 3629 Union Street
Discover an exceptional opportunity in the heart of Fremont! This charming 2-bedroom, 1-bathroom home offers 1,208 square feet of living space and was originally built in 1930. The true value is in the expansive 15,018-square-foot lot, offering endless possibilities for homeowners, builders and investors. Re-model or expand the existing residence, create your dream home, or explore the potential to subdivide and build two homes, subject to city approval and applicable requirements. Enjoy a convenient location within walking distance of Safeway, the farmers market and a variety of restaurants and coffee shops. Commuters will appreciate quick access to Highways 680 and 880, as well as Paseo Padre Parkway. A rare combination of lot size, location and future potential bring your vision and make the most of this unique Fremont property!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1930
- Lot Size
- 15,018 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fremont Unified Schools
O. N. Hirsch Elementary School
Grades K-6 • 0.6 mi
7/10
J. Haley Durham Elementary School
Grades K-6 • 0.7 mi
8/10
E. M. Grimmer Elementary School
Grades K-6 • 1.1 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,208 | 1,615.492 |
| Lot Size | 15,018 | 6,464.133 |
| Price | $1.50M | $1.71M |
| Price per sq ft | $1.2K | $1.0K |
| Built year | 1930 | 1968 |
| HOA | $0 | $158 |
| Days on market | 20 | 37 |
Pricing History
Listed for Sale
Aug 20, 2026
$1,499,000
Initial Listing