| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 86th | Best |
| Demographics | 76th | Good |
| Amenities | 45th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 4425 Bidwell Dr, Fremont, CA, 94538, US |
| Region / Metro | Fremont |
| Year of Construction | 1980 |
| Units | 92 |
| Transaction Date | 1995-06-23 |
| Transaction Price | $3,750,000 |
| Buyer | GIOVANNI INC |
| Seller | TRINITY WAY APARTMENTS |
4425 Bidwell Dr, Fremont CA Multifamily Positioning
Neighborhood occupancy trends sit above national norms and renter demand is reinforced by high-income households, according to WDSuite s CRE market data.
Located in Fremont s Urban Core (B+ neighborhood rating), the area balances strong renter demand with relative income strength. Neighborhood occupancy is in the top 30% nationally, and average NOI per unit ranks high versus peers, signaling durable leasing fundamentals based on CRE market data from WDSuite.
Local amenities skew toward daily needs rather than lifestyle options. Grocery access is top quartile among 469 Oakland Berkeley Livermore neighborhoods, and childcare density is competitive among metro neighborhoods, while cafes, parks, and pharmacies are limited in the immediate area. For investors, this mix points to everyday convenience with scope to compete on property-level amenities and services.
Schools average around 4 out of 5 and place in the top quartile nationally, a supportive signal for family-oriented renter demand. Home values are elevated relative to incomes (high value-to-income ratio), which tends to support multifamily retention and pricing power as more households rely on rental options instead of ownership.
Tenure patterns indicate a high share of renter-occupied housing units in the neighborhood, deepening the tenant base for a 1980-vintage asset. Within a 3-mile radius, recent years show a slight population dip but a modest increase in households, with forecasts pointing to additional household growth and smaller average household size. That combination typically expands the renter pool and supports occupancy stability over the medium term.
Vintage context: the property s 1980 construction is slightly older than the neighborhood s average vintage (early 1980s). Investors should anticipate targeted capital planning and value-add potential to modernize systems and finishes, improving competitive positioning against newer stock while leveraging established demand drivers.
Safety indicators in the neighborhood are roughly around the metro median (ranked near the middle among 469 Oakland Berkeley Livermore neighborhoods). Compared with neighborhoods nationwide, overall safety aligns near the midpoint, with violent offense measures below national averages.
Recent trend data show a notable year-over-year decline in estimated property offenses, an encouraging directional signal for investors. As always, underwriting should consider submarket variation and on-the-ground management practices rather than block-level assumptions.
- Sanmina Corporation electronics manufacturing (2.3 miles)
- Synnex IT distribution (3.0 miles) HQ
- Lam Research CA9 semiconductor equipment (3.5 miles)
- Lam Research Corporation CA8 semiconductor equipment (3.7 miles)
- Lam Research semiconductor equipment (3.8 miles) HQ
The immediate area is anchored by advanced manufacturing and technology firms that broaden the renter base and support leasing through commute convenience, including Sanmina, TD SYNNEX, Lam Research, and Thermo Fisher Scientific.
This 1980-vintage Fremont asset is positioned in a neighborhood with above-median occupancy and high-income renter demand, with ownership costs elevated relative to incomes that tend to reinforce reliance on multifamily housing. The area s grocery and childcare access outperform most metro peers, while limited lifestyle amenities create room for on-site programming and upgrades to differentiate. According to CRE market data from WDSuite, neighborhood-level NOI per unit ranks well against peers, aligning with a thesis centered on stable leasing and disciplined rent growth.
Forward-looking demographics aggregated within a 3-mile radius point to a larger household base and smaller average household size, which typically expands the renter pool. The property s slightly older vintage suggests practical value-add levers from unit modernization to energy systems to sustain competitiveness versus newer product while capitalizing on established demand drivers.
- Above-median neighborhood occupancy and strong income profile support leasing durability.
- Elevated ownership costs bolster renter reliance, aiding pricing power and retention.
- Amenity mix favors daily needs; on-site features can differentiate versus limited nearby lifestyle options.
- 1980 vintage offers value-add upside through targeted renovations and systems upgrades.
- Risk: safety metrics are mixed and lifestyle amenities are thinner; proactive management and property enhancements are key.