40775 Max Dr, Fremont, CA, 94538
About This Home
Huge price reduction! Introducing a multifamily investment opportunity located at 40775 Max Dr in Fremont. This 3,660 SF property features four spacious 2BD/1BA units, offering strong in-place income with meaningful upside for multifamily investors. Built in 1968 and zoned R-3, the property sits on a large lot with potential to enhance returns through RUBS implementation and future ADU development (buyer to verify). Ideally located near Downtown Fremont and a wide array of retail, dining, and transit options, the property benefits from excellent tenant appeal and long-term demand drivers. This is a rare opportunity to acquire a value-add multifamily asset in a highly desirable Fremont submarket.
Getting Around
Walker's Paradise
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1968
Materials
- Foundation: Crawl Space
- Roof: Composition
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Residential Income
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Door features: Other
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 3,660
- Total interior livable area: 3,660 sqft
Property
Accessibility
- Accessibility features: Other
Details
- Parcel number: 525070101516
- Zoning: R-3-18
- Special condition: Standard
Features
- Stories: 2
Lot
- Lot size: 10,000 sqft
Parking
- Total spaces: 4
- Parking features: Other
- Covered spaces: 4
- Carport: Yes
- Carport spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Alameda County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,091 | $109,092 |
| Home Insurance * | $166 | $1,992 |
| Property Taxes | $2,054 | $24,648 |
| Electricity | $784 | $9,418 |
| Total | $12,095 | $145,140 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-31 | Price change | $1,850,000 |
| 2026-03-04 | Price change | $2,050,000 |
| 2026-02-11 | Price change | $2,150,000 |
| 2026-01-20 | Listed for sale | $2,200,000 |
| 2010-08-13 | Listing removed | $649,950 |
| 2010-07-25 | Listed for sale | $649,950 |
| 2003-05-28 | Sold | $800,000 |
| 2002-05-29 | Sold | $765,000 |
| 1999-08-04 | Sold | $450,000 |
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