36347 Magellan Drive, Fremont, California 94536, Fremont, 94536 - 5 bed, 2 bath
36347 Magellan Drive
Fremont, California 94536
Property Price
SUMMARY
Analysis of 36347 Magellan Drive, Fremont, California 94536 reveals a Fairly Priced Property with a current list price of $1,398,000 aligned with the estimated $1,381,944 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36347 Magellan Drive Subject | $1,398,000* List Price | 5 | 2 | 1,442 | $958 | - |
A 35936 Magellan Dr Sold | $1,305,000 | 4 | 2 | 1,685 | $774 | 0.3 mi |
B 4737 Deadwood Drive Sold | $1,400,000 | 3 | 2 | 1,782 | $786 | 0.7 mi |
C 36139 San Pedro Dr Sold | $1,030,000 | 4 | 3 | 1,148 | $897 | 0.2 mi |
D 4714 Balboa Way Pending | $1,200,000 List Price | 3 | 2 | 1,194 | $1,005 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1954, the property is well-maintained and clean but shows significant signs of age in key areas. The kitchen features dated white appliances and older cabinetry, while the bathrooms retain vintage tiling and fixtures. Although the front yard has been recently landscaped and the interior features hardwood flooring, the overall infrastructure and aesthetic are outdated, requiring modernization to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: American High School (9/10).
- Dual Living & Income Potential
The property features two distinct living units, including a 3-bedroom main residence and a 2-bedroom bonus unit with a kitchenette, offering excellent opportunities for rental income or multi-generational living.
- Top-Rated School District
Located within the Fremont Unified School District, the home provides access to highly-regarded institutions such as American High School, which boasts a 9/10 rating.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Limited Bathroom Count
With a total of 5 bedrooms across two units but only 2 bathrooms, the low bathroom-to-bedroom ratio may be a significant inconvenience for larger families or multiple tenants.
- Vintage Infrastructure
Built in 1954, the property may require additional capital investment for updates to major systems or interior modernization to meet contemporary buyer expectations.
About 36347 Magellan Drive
2 homes- Charming Fremont Home with Income Potential! Light filled and inviting, the main residence features 3 bedrooms and 1 bath. A separate bonus unit offers 2 bedrooms, 1 bath, and a kitchenette, ideal for rental income, extended family, or a private guest retreat. The property sits on a well maintained corner lot with a newly renovated front yard, adding to its curb appeal. This versatile home offers multiple living options and plenty of potential to make it your own. Conveniently located near Highway 880 and 92, enjoy an easy commute plus access to nearby shopping, schools, and parks.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 6,893 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Fremont Unified Schools
Cabrillo Elementary School
Grades K-6 • 0.3 mi
Oliveira Elementary School
Grades K-6 • 0.5 mi
Patterson Elementary School
Grades K-6 • 0.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,442 | 1,638 | 35% |
| Lot Size | 6,893 | 6,336 | 57% |
| Price | $1.40M | $1.65M | 29% |
| Price per sq ft | $969 | $992 | 45% |
| Built year | 1954 | 1962 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 143 | 4% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,398,000
$1,435,000
-3% Price Drop
Initial Listing
Price Change
Jan 20, 2026
$1,435,000
Initial Listing