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38016 Vallejo St, Fremont, California 94536, Fremont, 94536 - 3 bed, 2 bath

38016 Vallejo St, Fremont, California 94536 home-pic-0
ACTIVE$1,299,000
38016 Vallejo St, Fremont, California 94536
3Beds
2Baths
1,035Sqft
13,152Lot
Year Built
1953
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$1,255
HOA
-
Days on market
-
Sold On
-
MLS number
41118168
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.30M(17th), sqft - 1035(2th), beds - 3(50th), baths - 2(50th).

Charming fully remodeled Cottage on a multi unit lot in the Heart of Niles District.  Welcome to this cozy, beautifully remodeled 3-bedroom, 2-bath home nestled in the desirable Niles District. Featuring a brand-new kitchen and brand new bathrooms with tiled flooring, this home offers modern comfort with timeless charm. Enjoy all-new waterproof  laminate flooring, recessed lighting throughout, and fresh interior and exterior paint. This front unit has its own front yard and a low-maintenance backyard with its own fence for added privacy and curb appeal. Located in a sought-after neighborhood with excellent schools, and just minutes from parks, shopping, Fremont hub, and major freeways this home offers both convenience and community. Tax records show the property as a 2-unit dwelling with a total of 9 rooms — 5 bedrooms and 2 bathrooms. The property is equipped with 2 water meters, 2 gas meters, and 2 electrical meters. According to the City of Fremont, you can build 2 additional units on this lot. Live in one and rent out the other units to generate income! Don't miss this excellent investment opportunity! Buyer to verify all information with the City of Fremont.

Nearby schools

6/10
Vallejo Mill Elementary School
Public,•K-6•0.7mi
8/10
Niles Elementary School
Public,•K-6•0.7mi
8/10
Parkmont Elementary School
Public,•K-6•1.3mi
5/10
Guy Jr. Emanuele Elementary School
Public,•K-5•3.0mi
6/10
Centerville Junior High
Public,•7-8•2.1mi
4/10
Cesar Chavez Middle School
Public,•6-8•4.3mi
7/10
Washington High School
Public,•9-12•2.1mi
8/10
James Logan high school
Public,•9-12•3.2mi

Price History

Date
Event
Price
11/27/25
Listing
$1,299,000
04/08/16
Sold
$745,000
Condition Rating
Excellent
Despite being built in 1953, the property has undergone a 'fully remodeled' transformation, featuring a brand-new kitchen with modern white shaker cabinets, new countertops, and a new range. The bathrooms are also brand new with tiled flooring and modern fixtures. The entire home boasts new waterproof laminate flooring, recessed lighting throughout, and fresh interior and exterior paint, making all visible components virtually new and meeting current quality standards.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13152, living area = 1035.
Exceptional Development & Income Potential: The property is identified as a multi-unit lot with existing separate meters (water, gas, electrical) for two units, and the City of Fremont permits building two additional units, supported by a substantial 13,152 sqft lot. This offers significant income generation and future value appreciation.
Prime Niles District Location: Situated in the highly desirable Niles District of Fremont, the property benefits from excellent schools, proximity to parks, shopping, the Fremont hub, and major freeways, enhancing convenience and property value.
Extensive Modern Remodel: The described 'front unit' has undergone a comprehensive remodel, featuring a brand-new kitchen, new bathrooms with tiled flooring, all-new waterproof laminate flooring, recessed lighting throughout, and fresh interior and exterior paint, providing modern comfort and aesthetic appeal.
Private Outdoor Spaces: The front unit includes its own private front yard and a low-maintenance, fenced backyard, offering desirable outdoor living space and added privacy for residents.
Strong Market Appreciation: The property's last recorded sale in 2016 was for $745,000, indicating significant value growth in the area and for the property itself, reflecting a robust investment potential.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1035, other record living area = 1296. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Conflicting Property Information: There are significant discrepancies in the property description: MLS lists it as 'Single Family Residence,' tax records indicate a '2-unit dwelling' with 5 beds/2 baths total, while the description focuses on a remodeled 3 bed/2 bath 'front unit' on a 'multi unit lot.' This ambiguity requires extensive buyer verification and could impact financing or legal use.
Uncertainty and Cost of Development: While the potential to build additional units is highlighted, the explicit note 'Buyer to verify all information with the City of Fremont' implies that the process is not pre-approved or simple, likely involving significant time, cost, and regulatory hurdles for any future development.
Age of Original Structure & Potential Hidden Costs: Despite extensive remodeling of visible areas, the property's original construction year (1953) suggests that underlying systems or components not explicitly mentioned as updated (e.g., plumbing, electrical beyond lighting, foundation) may be older and could lead to unforeseen maintenance or repair costs.

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