38623 Cherry Ln 128, Fremont, California 94536, Fremont, 94536 - 2 bed, 2 bath
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Fremont, California 94536
This Townhouse-Style Condominium represents a Prime Investment Opportunity, listed at a List Price of $568,888—positioned well below the $586,060 Fair Market Value by 2%. This valuation gap provides $17,172 in Instant Equity. Featuring a Condition Rating of 3, the unit offers modern stainless steel appliances and two private patios. Its central location near BART and major retailers ensures high rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, commuter-friendly residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38623 Cherry Ln 128 Subject | $568,888* List Price | 2 | 2 | 929 | $631 | - |
A 38740 Tyson Ln 213b Sold | $720,000 | 2 | 2 | 1,178 | $611 | 0.2 mi |
B 976 Huntington Ter Sold | $698,000 | 2 | 2 | 1,168 | $598 | 0.2 mi |
C 38697 Huntington Cir Sold | $665,888 | 2 | 2 | 1,168 | $570 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1974, the unit is well-maintained and move-in ready. The kitchen has been updated with newer stainless steel appliances and stone countertops. The interior features updated laminate flooring and neutral paint, though the wall-mounted AC unit and building exterior reflect the property's age.
The property is exceptionally located within walking distance to BART and major retailers like Whole Foods and Trader Joe's, offering unparalleled convenience for commuters and shoppers.
This rare corner unit features a desirable two-level floor plan with two private patios, providing a sense of privacy and outdoor living space often missing in standard condominiums.
The unit boasts newer stainless steel appliances, an in-unit laundry area with included washer/dryer, and an AC wall unit, ensuring a move-in-ready experience for the buyer.
The $582 monthly association fee is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
At 929 square feet, the living space is relatively small for a two-bedroom residence, which may be a limiting factor for families or those requiring more storage.
Open house Sun July 26th 1:00-3:30 pm Nestled in the heart of FREMONT! Happiest city! South east facing Rarely available Light & Bright Corner unit with special features: Townhouse style two level condo - TWO patios to enjoy and entertain guests, pets or plants. Quiet Location! Clean Unit is two story. Lots of natural light. Inviting Living room with AC wall unit. Coat closet with storage area for pantry. Breakfast Bar Walk in to the sundrenched side front patio. Kitchen features Newer stainless steel appliances: Electric cooktop| oven combo | Microwave | Dishwasher | Refrigerator | Dining area over looking cool back patio for cool shaded & breeze. All two Bedroom & full bath upstairs. One bed has a walk in closet. Upstairs Laundry area. Washer dryer & Refrigerator stay. Own it before it's gone HOA $582 monthly includes water & trash WOW! Walk to BART | Minutes away from Groceries | Whole foods |Traders Joe | Safeway | Target| Doc offices: Washington Hospital Kaiser | PAMF | Restaurants | Boutiques |CVS |Fremont Hub | Lake Elizabeth Senior Center | NEW Downtown| Easy access 680 | 880 | Dumbarton What could be better than this Amazing central location. Better not miss this.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 929 | 1,290 |
| Lot Size | 649,200 | 60,720 |
| Price | $568.9K | $735.2K |
| Price per sq ft | $612 | $648 |
| Built year | 1974 | 2019 |
| HOA | $582.0 | $548 |
| Days on market | 29 | 54 |
Jun 23, 2026
$568,888
Initial Listing
May 24, 2019
$525,000
Public Record
Jun 25, 2004
$296,000
Public Record
Oct 12, 2001
$241,500
Public Record
Sep 25, 1998
$153,000
Public Record