38228 Paseo Padre Parkway 10, Fremont, California 94536, Fremont, 94536 - 2 bed, 2 bath
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Fremont, California 94536
This Condominium represents a Prime Investment Opportunity, listed at $599,000—positioned well below the $617,042 Fair Market Value by 2%. This valuation gap offers $18,042 in Instant Equity. Featuring a Condition Rating of 3, the unit offers modern interior renovations, including stone countertops and laminate flooring, within the Fremont Unified School District. While the heating system is dated, the inclusion of a community pool and in-unit laundry adds significant lifestyle value. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38228 Paseo Padre Parkway 10 Subject | $599,000* List Price | 2 | 2 | 1,033 | $595 | - |
A 38228 Paseo Padre Pkwy Sold | $558,000 | 2 | 3 | 933 | $598 | 0.0 mi |
B 37306 Spruce Terrace Sold | $532,000 | 2 | 2 | 840 | $633 | 0.8 mi |
C 3507 Buttonwood Ter 203 Sold | $480,000 | 2 | 2 | 990 | $485 | 0.8 mi |
D 3467 Pinewood Ter 202 Sold | $515,000 | 2 | 2 | 1,083 | $476 | 0.9 mi |
E 3685 Nutwood Terrace 313 Active | $436,800 List Price | 2 | 2 | 990 | $441 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1970, the interior has undergone a significant recent renovation (likely within the last 5-10 years). It features modern laminate flooring, recessed lighting, updated stone countertops, and stainless steel appliances. The kitchen and bathrooms are functional and move-in ready, though the heating system remains a dated wall furnace and there is no central cooling.
Situated within the highly-regarded Fremont Unified School District and in close proximity to major shopping, dining, and schools, offering excellent convenience for families and professionals.
The unit features desirable in-unit laundry facilities with a washer and dryer included, along with access to a community in-ground pool for recreation.
The 1,033 sq ft layout is well-utilized with two full bathrooms, durable laminate flooring throughout, and a kitchen equipped with a gas cooktop and oven range.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1033, other record living area = 933.
The property lacks a central cooling system and relies on a wall furnace for heating, which may be a significant drawback during warmer California months.
The association fee of $596 per month is relatively high for a 1970s condominium, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Located in Fremont, this 1,033 sq ft home features two bedrooms and two full bathrooms: one with a stall shower and a second with a shower over a tub. The kitchen is equipped with a gas cooktop, oven range, and microwave, providing functional cooking options. Laminate flooring runs throughout the home, complementing the dining area within the living room. Laundry facilities with a washer and dryer are conveniently located inside. Heating is provided by a wall furnace, and there is no central cooling system. The property does offer access to a community in-ground pool. The home is within the Fremont Unified School District. Fantastic location for shopping, schools, and dining.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,033 | 945 | 64% |
| Lot Size | - | 1,100 | 41% |
| Price | $599.0K | $545.0K | 64% |
| Price per sq ft | $580 | $575 | 50% |
| Built year | 1970 | 1986 | 14% |
| HOA | $596.0 | $550 | 64% |
| Days on market | 36 | 168 | 9% |
May 11, 2026
$599,000
Initial Listing
Dec 30, 2024
$560,000
Public Record
Apr 4, 2019
$540,000
Public Record
Sep 30, 1999
$140,000
Public Record
Oct 18, 1994
$93,000
Public Record