36846 Niles Blvd, Fremont, California 94536, Fremont, 94536 - 3 bed, 2 bath
Loading property details...
36846 Niles Blvd
Fremont, California 94536
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,700Sq Ft
5,350Lot Size
Property Price
LIST PRICE$1,050,000
EST. MARKET VALUE
$1,176,959
10% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,050,000—positioned well below the $1,176,959 Fair Market Value by 10%. This valuation gap offers $126,959 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a comprehensive rehab, yet offers significant upside through its attached studio and prime location near top-rated Niles Elementary. This is a high-potential acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation.
Estimated Market Value
$1,176,959+$126,959 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Fremont.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1943 and explicitly marketed as a 'Fixer-Upper,' the property shows significant age with a kitchen and pantry featuring finishes likely 30-50 years old. While the inclusion of dual-pane windows and forced air heating is a plus, the overall interior condition requires a comprehensive rehab to address dated cabinetry, flooring, and fixtures.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Historic Location
Situated in the desirable Historic Niles district, the property offers exceptional walkability to downtown shops, Niles Town Plaza, and the top-rated Niles Elementary School.
- Income or Multi-Gen Potential
The attached studio with a kitchenette, full bathroom, and private access provides a versatile space for rental income, in-laws, or a primary suite conversion.
- Superior Parking and Storage
Rare for the area, the property includes an attached two-car garage plus off-street parking for three additional vehicles, offering ample space for residents and guests.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Extensive Renovation Needed
Explicitly listed as a fixer-upper, the property requires significant capital investment to modernize the 1940s-era interior and address potential deferred maintenance.
- Aging Infrastructure
Built in 1943, the home likely features older mechanical, electrical, and plumbing systems that may not meet modern efficiency standards or building codes.
About 36846 Niles Blvd
Great Fixer-Upper Opportunity in Niles! Open House 10/24 & 10/25, 1:00 - 5:00 PM. Property Features a 3 Bedroom, 1 Bath Home with Spacious Living Room, Kitchen, Pantry, Dining Area and Large Laundry Room, plus Attached Studio Featuring a Kitchenette, Full Bathroom with Stall Shower and Walk-In Closet with Interior Access from Home, Garage and Back Yard; Perfect for In-Laws, Tenants or Convert to Primary Suite. Attached Two Car Garage and Off-Street Parking for 3 More Cars. Dual Pane Windows. Forced Air Heating. Short Distance to Historic Downtown Niles, Niles Town Plaza, Niles Elementary School, Niles Community Park, California Nursery Historical Park, LEAF Community Garden, Quarry Lakes Regional Recreation Area, Union City BART and Decoto Road(84).
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1943
- Lot Size
- 5,350 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
Niles Elementary School
Grades K-6 • 0.1 mi
8/10
Parkmont Elementary School
Grades K-6 • 1.3 mi
8/10
Vallejo Mill Elementary School
Grades K-6 • 1.4 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.5 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,700 | 1,658.648 |
| Lot Size | 5,350 | 6,448.198 |
| Price | $1.05M | $1.66M |
| Price per sq ft | $618 | $1.0K |
| Built year | 1943 | 1968 |
| HOA | $0 | $155 |
| Days on market | 4 | 38 |
Pricing History
Listed for Sale
Oct 21, 2026
$1,050,000
Initial Listing
Sold
Jan 7, 2000
$265,000
Public Record
Sold
Mar 8, 1996
$202,000
Public Record