| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 77th | Good |
| Amenities | 16th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 37250 Sequoia Cmn, Fremont, CA, 94536, US |
| Region / Metro | Fremont |
| Year of Construction | 1987 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
37250 Sequoia Cmn, Fremont Multifamily Investment Thesis
Neighborhood occupancy remains elevated with stable renter demand, according to WDSuite’s CRE market data, supporting consistent leasing dynamics in Fremont, CA. High ownership costs in the area further sustain the renter pool, while the subject a0neighborhood a0metrics reflect area conditions rather than this specific property.
Fremont’s suburban setting offers steady renter demand drivers for investors: neighborhood occupancy is strong and renter-occupied housing is meaningful, indicating depth in the tenant base. While nearby retail density is limited within the immediate neighborhood footprint, abundant park access (high national percentile) adds livability that can aid retention and leasing.
Relative to the metro, the neighborhood’s overall rating sits in the mid range, but specific factors stand out for multifamily: elevated home values and above-average household incomes create a high-cost ownership market that tends to reinforce reliance on rental housing, supporting pricing power and lease stability. Median contract rents in the neighborhood have grown over the past five years, consistent with broader Bay Area dynamics.
The property’s 1987 vintage is newer than the neighborhood’s average construction year. For investors, this positioning can enhance competitiveness versus older stock, while still planning for aging systems and selective modernization to drive value-add outcomes.
Demographic statistics aggregated within a 3-mile radius show households have increased even as the population edged lower, pointing to smaller household sizes and shifts that can expand the renter pool. Projections indicate further household growth by 2028 alongside rising incomes and rents, which supports occupancy stability and long-term multifamily demand.
Safety indicators for the neighborhood are favorable in national context, with overall safety measures landing above the U.S. median (high national percentiles indicate relatively safer conditions versus neighborhoods nationwide). Recent trends show notable year-over-year declines in both violent and property offense estimates, which is a constructive signal for investor risk assessment and tenant retention.
Within the metro, safety conditions vary by neighborhood; investors should underwrite to current local trends and property-level controls. The directional improvement and solid national standing reduce downside risk perceptions, but continued monitoring remains prudent.
The employment base nearby skews toward technology, electronics, and life sciences corporate offices, supporting a professional workforce and commute convenience for renters. Key employers include Sanmina Corporation, Synnex, Lam Research, Thermo Fisher Scientific, and Boston Scientific.
- Sanmina Corporation corporate offices (4.2 miles)
- Synnex — corporate offices (4.9 miles) — HQ
- Lam Research — corporate offices (5.8 miles) — HQ
- Thermo Fisher Scientific — corporate offices (6.1 miles)
- Boston Scientific - Building 5 — corporate offices (7.3 miles)
This 24-unit, 1987-vintage asset sits in a Fremont neighborhood characterized by high occupancy, a sizable renter-occupied share of housing, and elevated home values that support durable rental demand. Neighborhood rents have risen over the last five years, and, according to CRE market data from WDSuite, occupancy performance is strong relative to national benchmarks—factors that point to stable leasing and pricing resilience in a high-cost ownership market.
Within a 3-mile radius, households have grown despite a modest population dip, indicating smaller household sizes and a larger renter pool. Forecasts call for further household and income gains alongside higher rents by 2028, reinforcing demand for professionally managed multifamily. Given its relatively newer vintage versus local averages, the property can compete well with older stock while benefiting from targeted renovations and systems upgrades to capture value-add upside.
- Strong neighborhood occupancy and meaningful renter concentration support lease stability
- High home values in Fremont reinforce reliance on rentals, aiding pricing power
- 1987 vintage offers competitive positioning versus older stock with value-add potential
- 3-mile household growth and income gains point to a growing renter pool and demand durability
- Risk: limited immediate retail/amenity density; aging systems may require capex and careful rent-to-income management