| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 77th | Good |
| Amenities | 16th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 37233 Panton Ter, Fremont, CA, 94536, US |
| Region / Metro | Fremont |
| Year of Construction | 1987 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
37233 Panton Ter, Fremont CA Multifamily Investment
High neighborhood occupancy and a deep renter base in a high-cost ownership market point to stable demand, according to WDSuite’s CRE market data. Elevated home values relative to incomes support pricing power while reinforcing reliance on rentals.
Situated in suburban Fremont within the Oakland–Berkeley–Livermore metro, the neighborhood shows durable renter demand. Neighborhood occupancy is strong and above the metro median, and roughly half of housing units are renter-occupied, indicating a meaningful tenant base for multifamily owners. Based on WDSuite’s CRE market data, the area’s rent-to-income levels suggest manageable affordability pressure relative to comparable Bay Area submarkets, which can aid retention and support steady leasing.
Local amenity density inside the neighborhood footprint is limited for retail and daily services, but park access is a relative strength, testing in the top tier nationally. For investors, this mix favors quieter residential living with outdoor access; residents typically drive for groceries, cafes, and restaurants, which can influence unit features (parking, storage) and marketing toward convenience-seeking households.
Within a 3-mile radius, demographic statistics from WDSuite indicate a large, affluent population with rising household counts despite modest population contraction—signaling smaller household sizes and a potentially broader renter pool over time. Forecasts show continued growth in households and incomes, which supports occupancy stability and the ability to sustain quality assets as lease rolls reset.
Ownership costs are elevated versus national norms, with home values among the highest nationally. This high-cost ownership environment tends to reinforce rental demand and can help sustain pricing power and lease-up velocity for well-maintained multifamily communities.
Safety indicators, per WDSuite, are generally favorable versus national norms, with recent estimates placing violent offenses above the national median for safety and property offenses near national averages. Notably, both violent and property offense rates show sharp year-over-year declines, pointing to an improving trend that supports renter retention and asset performance.
Investors should continue to track trendlines rather than single-year readings; sustained improvement can bolster leasing stability, while reversals would warrant closer monitoring in underwriting and operations planning.
Nearby corporate offices in advanced manufacturing and life sciences provide a diverse employment base that supports renter demand and commute convenience. Key employers include Sanmina, Synnex, Lam Research, Thermo Fisher Scientific, and Boston Scientific.
- Sanmina Corporation — electronics manufacturing (4.2 miles)
- Synnex — technology distribution (4.9 miles) — HQ
- Lam Research — semiconductor equipment (5.9 miles) — HQ
- Thermo Fisher Scientific — life sciences (6.2 miles)
- Boston Scientific - Building 5 — medical devices (7.3 miles)
Built in 1987, the 24-unit asset is newer than the area’s average vintage, offering competitive positioning versus older stock while leaving room for targeted modernization to drive rent premiums. Strong neighborhood occupancy and a substantial share of renter-occupied housing units indicate depth to the tenant base, and the high-cost ownership landscape in Fremont supports sustained reliance on rentals. According to commercial real estate analysis from WDSuite, household counts within a 3-mile radius are rising even as average household size trends down, which can expand the renter pool and support steady absorption.
Elevated incomes and consistently strong occupancy nationally position the submarket for durable operations, while limited in-neighborhood retail may place a premium on property features that enhance convenience. Execution risk centers on capital planning for an aging 1980s building and sensitivity to broader Bay Area tech employment cycles, but proximity to diversified employers helps mitigate volatility.
- Newer 1987 vintage versus local average, with value-add potential through modernization
- Strong neighborhood occupancy and sizable renter-occupied share support demand stability
- High-cost ownership market in Fremont reinforces renter reliance and pricing power
- 3-mile household growth and rising incomes backfill tenant pipeline and absorption
- Risks: 1980s systems/CapEx needs and macro employment cyclicality; operations discipline required