| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 85th | Best |
| Demographics | 77th | Good |
| Amenities | 16th | Poor |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 37271 Flin Cmn, Fremont, CA, 94536, US |
| Region / Metro | Fremont |
| Year of Construction | 1987 |
| Units | 24 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
37271 Flin Cmn, Fremont CA Multifamily Investment
Occupancy at the neighborhood level is strong and renter demand is supported by a high-cost ownership market, according to WDSuite’s CRE market data. The 1987 vintage positions this asset as relatively newer than nearby stock, offering competitive appeal with potential modernization upside.
Situated in suburban Fremont within the Oakland–Berkeley–Livermore metro, the area shows steady renter demand drivers: neighborhood occupancy is elevated versus national norms and renter-occupied housing share indicates a deep tenant base. Median contract rents in the neighborhood are reported around $2,846, signaling upper-tier pricing power relative to many U.S. submarkets while still aligning with Fremont’s high-income profile (based on CRE market data from WDSuite).
Livability signals are mixed: food-and-drug retail density within the immediate neighborhood is limited, but park access is a relative strength — park density ranks 45th out of 469 metro neighborhoods (top quartile nationally), which can support resident satisfaction and retention. Cafes, restaurants, and groceries are sparse within the neighborhood boundary, so residents likely rely on nearby corridors for daily needs.
The property’s 1987 construction is newer than the neighborhood’s average vintage of 1979. For investors, this typically translates into stronger competitive positioning versus older stock, though planning for selective system updates and common-area refreshes can sustain leasing performance against newer deliveries.
Within a 3-mile radius, demographics show a high-income renter pool and a modest decline in average household size over time, with households increasing even as population was relatively flat. Looking ahead to 2028, WDSuite indicates modest population growth and a notable increase in household counts, which points to a larger tenant base and supports occupancy stability for well-managed multifamily assets.
Safety indicators are comparatively favorable in a national context while mixed within the metro. The neighborhood’s crime profile places it competitive nationally (around the 73rd percentile for safety), and recent trend data shows estimated year-over-year declines in both violent and property offenses, according to WDSuite. Within the Oakland–Berkeley–Livermore metro, the neighborhood ranks 30th out of 469 on crime, indicating higher reported crime relative to many local peers, so investors should underwrite with standard precautions while recognizing the improving directional trend.
Proximity to established technology and advanced manufacturing employers broadens the resident renter base and supports commute convenience for workforce tenants. The nearby employment mix includes contract manufacturing, electronics distribution, semiconductor equipment, and life sciences.
- Sanmina Corporation — contract manufacturing (4.1 miles)
- Synnex — electronics distribution (4.9 miles) — HQ
- Lam Research - CA9 — semiconductor equipment (5.5 miles)
- Lam Research Corporation CA8 — semiconductor equipment (5.7 miles)
- Lam Research — semiconductor equipment (5.8 miles) — HQ
This 24-unit asset in Fremont benefits from strong neighborhood occupancy and a deep renter pool sustained by elevated ownership costs and high area incomes. According to CRE market data from WDSuite, neighborhood rents sit at the upper end for the region while rent-to-income levels indicate manageable affordability pressure, supporting retention for quality units and disciplined lease management.
Built in 1987, the property is newer than the neighborhood average, offering competitive positioning versus older stock and a clear path for targeted value-add through interior updates and energy/system modernization. Within a 3-mile radius, household counts have risen and are projected to continue increasing alongside income growth, pointing to a larger tenant base and solid long-term demand fundamentals.
- Elevated neighborhood occupancy and strong renter concentration support demand stability
- 1987 vintage offers competitive positioning with modernization and value-add upside
- High-cost ownership market in Fremont reinforces reliance on multifamily rentals
- Proximity to regional tech and manufacturing employers underpins leasing
- Risk: limited neighborhood retail amenities and mixed metro-relative safety warrant conservative underwriting