38850 Bell St, Fremont, California 94536, Fremont, 94536 - 0 bed, 0 bath
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Fremont, California 94536
Analysis of 38850 Bell St, Fremont, California 94536 is currently available with a list price of $1,890,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Fremont Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1970, this four-plex is functional and well-maintained but shows clear signs of being outdated. Interior images reveal original popcorn ceilings, older wall heaters, and worn carpeting that likely needs replacement. The flooring in the dining areas consists of dated parquet-style vinyl, and the overall aesthetic reflects a lack of recent major renovations, placing it firmly in the fair category.
The property is ideally situated within walking distance of major commercial hubs and offers excellent proximity to BART, Amtrak, and major freeways, making it highly attractive to commuters.
Located near major global employers like Tesla, Amazon, and Facebook, the property benefits from a high-income demographic and consistently strong rental demand.
With approximately 4,199 square feet of rentable space across four units, these large two-bedroom layouts offer a competitive edge in attracting long-term tenants seeking more living space.
Built in 1970, the property may require significant capital expenditures for system upgrades or modernization to maintain its competitive position against newer inventory.
The uniform 2-bedroom, 1-bathroom configuration across all four units limits the owner's ability to capture different segments of the rental market, such as single professionals or larger families.
38850 Bell St in Fremont, CA presents a well-maintained four-plex consisting of (4) large, two-bedroom, one-bath units, offering approximately 4,199 square feet of rentable living space. Nestled in one of the Bay Area’s most desirable and peaceful cities, it boasts a prime location within walking distance of major commercial hubs like The Fremont Hub and the rapidly growing Downtown Fremont. Residents will also find convenient access to freeways such as the 680 and 880 along with two BART stations and an Amtrak station nearby. Residents will appreciate Fremont's highly prized schools, the proximity to popular attractions such as Fremont Central Park (Lake Elizabeth), Mission Peak, Mission San Jose, and some of the East Bay’s most renowned regional parks and trails. This offering presents a rare opportunity for savvy investors to enter a market known for its strong income demographics, solid employment fundamentals, high occupancy rates, and exceptional central Bay Area location. Employers in the area include Tesla, Western Digital, Lam Research, Amazon and Facebook among many more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1970 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Apr 13, 2026
$1,890,000
Initial Listing
Mar 31, 2022
$1,850,000
Public Record