| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 77th | Good |
| Amenities | 16th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 37196 Talbert Ter, Fremont, CA, 94536, US |
| Region / Metro | Fremont |
| Year of Construction | 1987 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
37196 Talbert Ter, Fremont CA Multifamily Investment
Neighborhood occupancy sits above the metro median and renter-occupied housing is competitive among Oakland–Berkeley–Livermore neighborhoods, supporting leasing stability according to WDSuite’s CRE market data. These are neighborhood metrics, not property performance.
Fremont’s suburban setting around 37196 Talbert Ter benefits from strong housing fundamentals relative to both the metro and nation. Neighborhood occupancy trends are above the metro median (215th of 469 neighborhoods) and in the top quintile nationally, indicating steady tenant retention potential rather than volatility. Renter-occupied housing makes up a larger share of units here than in most of the metro (106th of 469, top quartile), signaling a deeper renter base for multifamily demand.
The area skews high-income with elevated ownership costs compared with national benchmarks, which tends to reinforce reliance on rental options and can support pricing power and lease retention for well-positioned assets. At the same time, the neighborhood’s rent-to-income positioning is relatively manageable in metro context, which can temper affordability pressure and reduce turnover risk for stabilized product.
Amenity access is park-forward: park density ranks in the top quartile of the metro and is strong versus national peers, while immediate-block retail (cafes, groceries, restaurants, pharmacies) is limited. For investors, that mix favors quiet residential appeal but may require residents to rely on nearby commercial corridors for daily needs—an item to consider in marketing and tenant mix strategy.
Construction vintage at the property (1987) is newer than the neighborhood average stock (1979). That positioning can be competitive versus older inventory, while still warranting targeted modernization or systems upgrades as part of capital planning to defend rents and reduce maintenance volatility over the hold.
Within a 3-mile radius, demographics show a large, high-earning population with households increasing over the last cycle and projected to grow further, even as average household size trends smaller. For multifamily investors, that combination points to a broader tenant pool and steady absorption capacity that can support occupancy stability over time, based on CRE market data from WDSuite.
Safety indicators compare favorably at the national level (above the U.S. average), while the neighborhood sits closer to the higher-crime end of the 469-neighborhood Oakland–Berkeley–Livermore metro distribution. Recent trend data is constructive: year-over-year declines in both violent and property offenses rank in the top decile nationally, suggesting improving conditions. Use these as directional, neighborhood-level signals rather than block-specific guarantees.
Proximity to advanced manufacturing, semiconductors, and life sciences employers supports a diverse, skilled renter base and commute convenience for workforce tenants. Nearby nodes include Sanmina, SYNNEX, and Lam Research facilities, which can aid leasing stability and retention.
- 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
This 24-unit, 1987-vintage Fremont asset is positioned in a neighborhood with above-median metro occupancy and a top-quartile renter-occupied share—signals of demand depth and leasing durability. Elevated home values and high local incomes sustain reliance on quality rental housing, while park-forward amenities and proximity to major employers support tenant retention. According to CRE market data from WDSuite, neighborhood occupancy performance also compares well nationally, reinforcing the case for steady operations.
Vintage is newer than the local average, offering a competitive edge versus older stock; targeted upgrades to interiors and building systems can further defend rents and reduce ongoing maintenance exposure. Within a 3-mile radius, households have been expanding and are projected to grow, with smaller household sizes pointing to continued renter pool expansion—constructive for absorption and stabilized occupancy over a long-term hold.
- Above-median metro occupancy and strong national standing support stable leasing
- Top-quartile renter-occupied share indicates a deep tenant base
- High ownership costs in the area help sustain multifamily demand and pricing power
- 1987 vintage offers competitive positioning with value-add potential via targeted modernization
- Risk: limited walkable retail and relatively weaker metro-level safety positioning may require targeted marketing