38228 Paseo Padre Parkway 24, Fremont, California 94536, Fremont, 94536 - 2 bed, 2 bath
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Fremont, California 94536
This Functional Value-Add Condominium is listed at $575,000, positioned at a premium over its $537,968 Fair Market Value due to its placement in a high-demand Fremont corridor. Currently holding a Fair Condition Rating, the asset requires strategic modernization of the original cabinetry and popcorn ceilings to maximize future ROI. Key functional strengths include newer flooring, energy-efficient LG laundry appliances, and access to community amenities like a pool and clubhouse. Situated within the Fremont Unified School District, this property serves as a high-utility acquisition for Buy-and-Hold Investors or Owner-Occupants targeting long-term appreciation in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38228 Paseo Padre Parkway 24 Subject | $575,000* List Price | 2 | 2 | 933 | $577 | - |
A 38228 Paseo Padre Pkwy Sold | $558,000 | 2 | 3 | 933 | $598 | 0.0 mi |
B 3507 Buttonwood Ter 203 Sold | $480,000 | 2 | 2 | 990 | $485 | 0.8 mi |
C 2755 Country Drive 136 Active | $498,000 List Price | 2 | 2 | 950 | $524 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the property features some recent cosmetic improvements such as newer laminate flooring and granite countertops. However, the kitchen and bathrooms retain dated original cabinetry that has simply been painted, and popcorn ceilings are present throughout. Visible scuffs and wear on the bedroom walls, combined with the age of the underlying systems and cabinetry, place this in the fair category as it requires further modernization and minor repairs.
Situated in a highly sought-after Fremont neighborhood, the property is within a mile of essential services, including top-rated schools, medical facilities, shopping, and recreational trails.
This ground-floor unit features updated flooring and the significant advantage of an interior laundry area equipped with energy-efficient LG appliances, a rare find in older condo complexes.
Residents benefit from a comprehensive HOA package that includes water and garbage services, alongside access to a clubhouse and a refreshing community pool.
The monthly HOA fee of $602 is relatively high, which may impact a buyer's debt-to-income ratio and overall monthly affordability.
Built in 1970, the property and complex may require ongoing maintenance or future capital improvements common with buildings of this vintage.
This ground-floor condo featuring 2 bedrooms and 2 full bathrooms, located in a highly sought-after Fremont neighborhood. The home offers newer flooring, a spacious living room that opens to a delightful balcony, and an interior laundry area equipped with an energy-efficient LG washer and dryer. Residents can also enjoy excellent community amenities, including a clubhouse and a refreshing pool. The property is ideally situated within a mile of major services, including schools, medical facilities, groceries, shopping, parks, and trails. Please note that water and garbage services are included in the HOA fee. This is a wonderful opportunity to own a home in a prime location.
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 | 933 | 944 | 43% |
| Lot Size | - | 1,100 | 39% |
| Price | $575.0K | $515.0K | 65% |
| Price per sq ft | $616 | $570 | 70% |
| Built year | 1970 | 1986 | 13% |
| HOA | $602.0 | $560 | 61% |
| Days on market | 12 | 125 | 4% |
Apr 10, 2026
$575,000
Initial Listing
Apr 14, 2010
$219,000
Public Record
Feb 6, 2009
$152,000
Public Record
Jun 5, 2001
$248,000
Public Record
May 15, 1998
$122,000
Public Record