36602 Rabo Ter, Fremont, California 94536, Fremont, 94536 - 3 bed, 2 bath
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Fremont, California 94536
This 3-bedroom townhouse presents a Prime Investment Opportunity with a List Price of $699,500—positioned well below the $716,582 Fair Market Value by 2%. This valuation gap offers $17,082 in Instant Equity for the buyer. Featuring a Fair Condition Rating and a private patio, the property provides a solid foundation for cosmetic modernization. Located in the commuter-friendly Centerville District, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build wealth through strategic value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36602 Rabo Ter Subject | $699,500* List Price | 3 | 2 | 1,166 | $615 | - |
A 4099 Grama Ter Sold | $550,000 | 2 | 2 | 1,066 | $516 | 0.7 mi |
B 4632 Balboa Way Sold | $600,000 | 2 | 2 | 969 | $619 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, this property is over 50 years old and appears to have had its last significant updates (flooring, countertops, and windows) approximately 15-25 years ago. While functional and move-in ready, the interior features dated tile, basic bathroom fixtures, and popcorn ceilings, indicating it needs cosmetic modernization and minor repairs to meet current market standards.
Priced under $700,000, this property offers a rare and affordable entry point into the highly competitive Fremont real estate market, making it ideal for first-time buyers.
Situated in the desirable Centerville District, the home provides excellent proximity to major commuter routes, schools, and local shopping, ensuring long-term desirability.
The HOA fee includes two dedicated covered parking spaces, a significant convenience and value-add in a high-density residential neighborhood.
With only 1.5 bathrooms serving three bedrooms, the layout may be less convenient for larger families or multi-occupant households.
Built in 1971 and lacking mention of recent renovations, the property likely requires additional investment for cosmetic or system upgrades to meet modern standards.
Welcome to 36602 Rabo Terrace, Fremont — located in the highly desirable Centerville District. This charming townhouse offers 3 bedrooms and 1.5 bathrooms, providing comfortable living in a well-established neighborhood. Enjoy the opportunity to own in one of Fremont’s most sought-after areas for under $700,000. A great fit for first-time buyers or those looking to invest in a prime location close to schools, shopping, dining, and commuter routes. HOA includes covered parking for 2 vehicles.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,166 | 1,166 | 50% |
| Lot Size | 901 | 827 | 58% |
| Price | $699.5K | $725.0K | 37% |
| Price per sq ft | $600 | $666 | 16% |
| Built year | 1971 | 1973 | 32% |
| HOA | $379.0 | $337 | 68% |
| Days on market | 30 | 128 | 5% |
May 7, 2026
$699,500
Initial Listing
Jan 8, 2010
$245,000
Public Record