| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 77th | Good |
| Amenities | 16th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 37097 Denning Ter, Fremont, CA, 94536, US |
| Region / Metro | Fremont |
| Year of Construction | 1987 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
37097 Denning Ter, Fremont CA Multifamily Investment
Neighborhood occupancy remains solid and ownership costs are elevated for the area, supporting durable renter demand according to WDSuite’s CRE market data. Positioning is favorable for stable cash flow with potential to optimize operations in a high-cost ownership market.
Located in Fremont’s suburban fabric, the neighborhood skews amenity-light on retail and daily services but stands out for access to parks, which ranks in the top quartile nationally. This balance suggests quieter residential streets with outdoor space nearby, while residents may rely on broader Fremont corridors for shopping and dining.
From an investment standpoint, neighborhood occupancy is above national norms and has trended higher over the past five years, indicating stable leasing fundamentals at the neighborhood level. Rents benchmark near the high end nationally, yet local incomes also sit well above national medians, which can support pricing power. In investor terms, the rent-to-income profile signals manageable affordability pressure that can aid retention if lease management remains disciplined.
Renter-occupied share in the neighborhood is close to half of housing units, pointing to a sizable tenant base for multifamily. Within a 3-mile radius, demographics show modest population softening alongside growth in households, implying smaller household sizes and a renter pool that is shifting rather than shrinking. Forward-looking projections within this 3-mile view point to additional household growth and rent gains, supporting the case for steady demand and occupancy. These dynamics are based on CRE market data from WDSuite and align with Fremont’s position in the Oakland–Berkeley–Livermore metro.
Safety indicators trend favorable relative to national benchmarks, with the neighborhood landing above the national average on overall safety. Recent WDSuite data also show meaningful year-over-year declines in both violent and property offense rates, a constructive signal for resident retention and long-term operations. Comparatively, this pattern is competitive among Oakland–Berkeley–Livermore neighborhoods and in the top quartile nationally.
Nearby employers skew toward electronics manufacturing, IT distribution, and semiconductors, supporting a well-paid workforce and commuter convenience for renters. The employers below reflect the immediate base that can underpin leasing stability: Sanmina Corporation, Synnex, and Lam Research facilities.
- Sanmina Corporation — electronics manufacturing (4.3 miles)
- Synnex — IT distribution (5.0 miles) — HQ
- Lam Research - CA9 — semiconductors (5.7 miles)
- Lam Research Corporation CA8 — semiconductors (5.9 miles)
- Lam Research — semiconductors (6.0 miles) — HQ
37097 Denning Ter is a 24-unit, 1987-vintage asset in Fremont, positioning it slightly newer than the neighborhood’s average stock. That vintage can be competitive versus older properties, while still offering value-add potential through targeted modernization of interiors and building systems. Elevated home values in the neighborhood help sustain renter reliance on multifamily housing, and neighborhood occupancy trends remain strong, according to CRE market data from WDSuite.
Within a 3-mile radius, households have grown even as population has softened, expanding the tenant base through smaller household sizes. Projections call for additional household growth and rising asking rents through the forecast period, reinforcing the potential for occupancy stability and measured rent advancement. Key risks include an amenity-light immediate area and the need to manage affordability pressures typical of high-cost markets.
- Stable neighborhood occupancy and deep renter base support leasing durability
- 1987 vintage provides competitive positioning with clear modernization/value-add levers
- High-cost ownership market reinforces rental demand and potential pricing power
- 3-mile outlook shows household growth and rent gains sustaining demand
- Risks: amenity-light submarket and affordability management in a high-cost area