Sold

42010 Blacow Road

Fremont CA, 94538

$28,080,000


$598.47 per sqft

Sold

46,920 sqft

Commercial

Built in 1968

*Financials based on proforma numbers. Arbordale Gardens Apartments is a stunning, 72-unit apartment community located at 42010 Blacow Road in the rapidly expanding city of Fremont, California. Situated on a huge, 3-acre parcel of land, the subject property has a gross livable area of approximately 46,336 SF, offering its tenants spacious studio, one, and two-bedroom floorplans to call home. Arbordale Gardens has recently undergone significant exterior capital improvements including all new fiberglass torch down roofs, new hot water heaters in each building, new concrete surrounding the pool, new exterior paint, and security camera system throughout the property. The subject property benefits from its close proximity to major tech companies such as TESLA, highly rated Irvington High School, and the new proposed Irvington BART Station. The investment appeal of this asset is driven by Fremont's strong employment fundamentals, low vacancy levels and rapidly growing rental demand.

ML81644430

MLS ID

March 29, 2017

Listed

February 15, 2024

Updated

Map

42010 Blacow Road
Fremont CA, 94538

Interior Features

Appliances

Dishwasher, Refrigerator


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

3.01 Acres

Other Property Details

Area Name

Alameda County


Garage

No


Parking

Assigned


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

R-G-


Buyer Agency Compensation

200,000%

Listed by Adam S. Levin with Marcus & Millichap
Listing Contact: 650-492-0934 

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