| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 77th | Good |
| Amenities | 16th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 37195 Creekside Ter, Fremont, CA, 94536, US |
| Region / Metro | Fremont |
| Year of Construction | 1988 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
37195 Creekside Ter, Fremont CA Multifamily Investment
Neighborhood occupancy remains elevated and renter demand is reinforced by high-income households, according to WDSuite’s CRE market data, supporting stable operations for a 24-unit asset in a high-cost ownership market.
Fremont’s suburban setting combines strong renter fundamentals with limited immediate retail density. Neighborhood occupancy is high at the area level (measured for the neighborhood, not the property), and rents sit in the upper tier for the metro and nation, indicating a deep-paying tenant base. Elevated home values and a high value-to-income ratio signal a high-cost ownership market, which tends to sustain rental demand and lease retention for well-managed multifamily.
Parks are a relative strength, with the neighborhood ranking near the top of the metro’s 469 neighborhoods for park access and landing in the top percentiles nationally. By contrast, counts of cafes, groceries, pharmacies, and restaurants within the neighborhood footprint are sparse; investors should underwrite some reliance on nearby nodes for daily needs. These mixed amenity signals are typical of low-density suburban pockets that nonetheless draw renters for schools, space, and commutability.
On housing and occupancy, the neighborhood benchmarks in the top quartile nationally, with occupancy performance that is above many U.S. areas. Renter-occupied units account for a substantial share of housing, indicating meaningful depth in the tenant base and supporting demand stability for professionally managed properties.
Within a 3-mile radius, household counts have edged higher even as population trends have been flat to slightly negative, pointing to smaller average household sizes and a gradual expansion of the renter pool. Median household incomes are high and rising in the 3-mile trade area, while contract rents have grown over the last five years and are projected to continue increasing; together these dynamics support pricing power and occupancy stability when paired with disciplined lease management and renewal strategies based on multifamily property research from WDSuite.
The property’s 1988 vintage is newer than the neighborhood’s average construction year. That positioning can be competitive versus older stock, though investors should still plan for ongoing system updates and selective modernization to meet current renter expectations.
Safety indicators compare favorably at the national level, with the neighborhood landing above the U.S. average for safety based on both violent and overall offense benchmarks. Recent trend data shows notable year-over-year declines in estimated violent and property offenses, which supports operational stability for multifamily assets when combined with prudent onsite management and lighting/security practices.
Within the Oakland–Berkeley–Livermore metro context, results can vary by neighborhood; investors should evaluate property-specific measures and block-level conditions during diligence rather than relying solely on metro rankings. The broader takeaway is that national positioning is solid and recent trends are improving, which is constructive for tenant retention and reputation risk management.
The immediate employment base features advanced manufacturing, semiconductors, and life sciences, supporting a skilled renter pool and commute convenience to major campuses listed below.
- Sanmina Corporation — electronics manufacturing (4.2 miles)
- Synnex — technology distribution (4.9 miles) — HQ
- Lam Research - CA9 — semiconductors (5.6 miles)
- Lam Research Corporation CA8 — semiconductors (5.8 miles)
- Lam Research — semiconductors (5.9 miles) — HQ
- Thermo Fisher Scientific — life sciences (6.2 miles)
- Boston Scientific - Building 5 — medical devices (7.3 miles)
- Caterpillar — industrial equipment (7.7 miles)
- Ryder — logistics (9.2 miles)
- Hewlett Packard Enterprise — enterprise technology (9.7 miles)
37195 Creekside Ter offers scale at 24 units in a Fremont submarket where neighborhood occupancy is strong and renter demand is reinforced by high-income households. Elevated home values relative to incomes point to a high-cost ownership market that can sustain reliance on rental housing, while the renter-occupied share indicates meaningful depth in the tenant base. According to CRE market data from WDSuite, neighborhood-level occupancy trends sit above many U.S. areas, and recent offense rates have improved year over year, supporting operational predictability.
Built in 1988, the asset is newer than the neighborhood average vintage, which can be competitively positioned versus older stock. That said, investors should underwrite targeted capital plans for aging systems and select interior updates. The 3-mile trade area shows rising household counts and strong income growth alongside continued rent growth, which together support leasing velocity and renewal capture for well-run communities.
- High neighborhood occupancy and strong renter-occupied share support demand depth and lease stability.
- High-cost ownership market reinforces renter reliance, aiding retention and pricing power.
- 1988 vintage offers competitive positioning versus older stock with value-add via targeted modernization.
- Proximity to major employers in semiconductors, life sciences, and tech supports a skilled tenant base.
- Risks: limited immediate retail amenities and potential capex for systems; manage rent-to-income to protect retention.