| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 84th | Best |
| Demographics | 76th | Good |
| Amenities | 64th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 41268 Roberts Ave, Fremont, CA, 94538, US |
| Region / Metro | Fremont |
| Year of Construction | 1975 |
| Units | 90 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
41268 Roberts Ave Fremont Multifamily Investment
This 90-unit property from 1975 positions investors in a high-income Fremont neighborhood with 93.2% occupancy rates and strong local employment drivers.
Located in an Urban Core neighborhood ranking 81st among 469 metro neighborhoods with an A- rating, this Fremont location demonstrates strong fundamentals for multifamily investors. The area maintains a 93.2% occupancy rate with 59.2% of housing units renter-occupied, indicating solid rental demand in the Oakland-Berkeley-Livermore metro. Median household income reaches $140,760 with 69% growth over five years, supporting tenant quality and retention potential.
Demographics within a 3-mile radius show 114,710 residents with a median household income of $164,339, placing this area in the 92nd national percentile for income levels. The neighborhood ranks in the top quartile nationally for housing metrics and achieves a perfect 5.0 average school rating, ranking 1st among metro neighborhoods. With 8.72 grocery stores per square mile and 27.25 restaurants per square mile, both ranking in the 98th national percentile, the area provides strong amenity access that supports tenant retention.
Built in 1975, this property represents the established building stock in a neighborhood where average construction year is 1989. The vintage suggests potential value-add opportunities through unit renovations and common area improvements. Median contract rent of $2,340 has grown 41.4% over five years, while maintaining reasonable affordability with a 0.20 rent-to-income ratio that ranks in the 28th national percentile for affordability pressure.
Safety metrics show mixed performance relative to the Oakland-Berkeley-Livermore metro area. The neighborhood ranks 271st among 469 metro neighborhoods for overall crime, placing it near the metro median with a 47th national percentile ranking. Property crime rates estimated at 806 incidents per 100,000 residents have declined 48.1% year-over-year, ranking in the 87th national percentile for improvement trends.
Violent crime rates remain relatively contained at 110 incidents per 100,000 residents, though this places the neighborhood in the 29th national percentile. The year-over-year increase of 5.9% in violent crime warrants monitoring, though absolute levels remain moderate compared to urban core locations nationwide. Investors should consider these trends when evaluating tenant retention and leasing velocity.
The Fremont location benefits from proximity to major technology and manufacturing employers that support workforce housing demand.
- Sanmina Corporation — electronics manufacturing (2.1 miles)
- Lam Research — semiconductor equipment (2.6 miles) — HQ
- Synnex — technology distribution (2.8 miles) — HQ
- Thermo Fisher Scientific — life sciences (3.0 miles)
- Boston Scientific — medical devices (4.1 miles)
This 90-unit Fremont property offers investors exposure to a high-income demographic base with strong employment fundamentals according to CRE market data from WDSuite. The neighborhood's 93.2% occupancy rate and 59.2% renter-occupied housing units indicate stable rental demand, while the 41.4% five-year rent growth demonstrates pricing power potential. Demographics within a 3-mile radius show household income growth of 66.3% over five years, supporting tenant quality and lease renewal stability.
The 1975 construction year presents value-add opportunities through strategic renovations, particularly given the neighborhood's strong fundamentals and proximity to major technology employers. Forecasted household growth of 36.1% over the next five years and projected median income increases to $229,474 suggest expanding demand for quality rental housing. The area's perfect school ratings and high amenity density support long-term tenant retention in this established Fremont location.
- Strong occupancy at 93.2% with high-income tenant base supporting lease stability
- Proximity to major technology employers including Lam Research and Sanmina Corporation
- Value-add potential through strategic renovations of 1975-vintage units
- Risk consideration: Mixed safety metrics require monitoring for tenant retention impact