38228 Paseo Padre Pkwy 18, Fremont, California 94536, Fremont, 94536 - 1 bed, 1 bath
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Fremont, California 94536
This Value-Add Condominium Asset is listed at $449,000, positioned near its $418,617 Fair Market Value to reflect the enduring demand within the Fremont Unified School District. Currently maintaining a Condition Rating of 4, the residence requires cosmetic updates to its dated fixtures and flooring, presenting a clear opportunity for forced appreciation through modernization. The layout is enhanced by rare In-Unit Laundry Hookups and a Private Patio, features that provide a significant competitive edge over similar vintage properties. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional entry-level home in a prime commuter hub.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38228 Paseo Padre Pkwy 18 Subject | $449,000* List Price | 1 | 1 | 750 | $558 | - |
A 38455 Bronson Street 325 Sold | $365,000 | 1 | 1 | 750 | $487 | 0.2 mi |
B 38228 Paseo Padre Pkwy Sold | $558,000 | 2 | 3 | 933 | $598 | 0.0 mi |
C 4064 Abbey Ter 217 Sold | $494,000 | 2 | 1 | 748 | $660 | 0.7 mi |
D 38780 Tyson Lane 305c Sold | $465,000 | 1 | 1 | 870 | $534 | 0.9 mi |
E 38500 Paseo Padre Pkwy 313 Active | $388,000 List Price | 1 | 1 | 750 | $517 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1970 (54 years old) and the listing does not mention any recent renovations to the kitchen, bathrooms, or major systems. While described as well-maintained, the interior images show significantly worn and stained carpeting along with dated fixtures and window treatments, indicating the unit needs cosmetic updates and likely has aged systems.
The inclusion of washer and dryer hookups is a rare and highly desirable feature for a condo of this vintage, offering significant daily convenience for residents.
Ideally situated in Fremont near major commuter routes, shopping, and parks, this property offers excellent accessibility for professionals and first-time buyers.
The well-designed layout includes a spacious living room, a dedicated dining area, and a private patio, maximizing the 750 square feet of living area.
The $502 monthly association fee is relatively high for a one-bedroom unit, which could impact the debt-to-income ratio for potential buyers.
Built in 1970, the property may require future updates to meet modern energy efficiency standards or contemporary aesthetic preferences compared to newer builds.
Welcome home to this spacious and well-designed second-floor one-bedroom condo ideally located at 38228 Paseo Padre Parkway in Fremont. This inviting residence offers a thoughtful layout with a large living room that provides ample space for relaxing or entertaining, seamlessly flowing into a dedicated dining area—perfect for everyday meals or hosting guests. The generously sized bedroom offers comfort and privacy, while the private patio extends your living space outdoors, ideal for morning coffee or unwinding at the end of the day. The unit includes washer and dryer hookups, adding everyday convenience rarely found in similar properties. Set within a well-maintained community and conveniently located near shopping, dining, parks, and major commuter routes, this condo combines comfort, functionality, and location. An excellent opportunity for a first-time buyer, downsizer, or investor seeking a desirable Fremont address.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 27% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 750 | 944.5 | 32% |
| Lot Size | 74,820 | 1,395.5 | 91% |
| Price | $449.0K | $523.5K | 23% |
| Price per sq ft | $599 | $584 | 59% |
| Built year | 1970 | 1986 | 14% |
| HOA | $502.0 | $540 | 36% |
| Days on market | 44 | 166 | 14% |
May 1, 2026
$449,000
Initial Listing
Jan 4, 2022
$380,000
Public Record