For Sale
$3,500,000

36341 Mission BlvdFremont, CA 94536

0.79 Acres, 13 Unit Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.79-acre (34,276 sq ft) residential land parcel in Fremont, CA (APN 507-0020-007-2), presents a unique investment opportunity. Located at 36341 Mission Blvd, in Alameda County, zip code 94536 (37.58088, -121.991563), this property is zoned R-3-18 and is nearly "shovel ready" for development. Significant soft costs, including nearly all architectural and site-related requirements from the City of Fremont, have already been completed. Plans are in place for a 13-unit townhouse development, designed for market-rate sales in a consistently high-demand housing market. Reserve studies indicate average HOA fees of $212 per unit per month. The property benefits from California's AB 1286, offering potential for bonus density, allowing for up to 28 units. This prime location offers easy access to Highways 880, 680, 84, and 92, as well as proximity to Fremont Amtrak and BART stations. Fremont consistently ranks highly for quality of life, boasting excellent schools and convenient access to major employment centers in San Francisco, Silicon Valley, and Palo Alto. The property's proximity to the Alameda Creek Regional Trail and California's Nursery Historical Park adds to its appeal. This is a rare chance to acquire a nearly fully entitled development site in a thriving Bay Area location, minimizing typical development delays and costs.

Highlights

  • $3,500,000 asking price for 0.79-acre residential land parcel.
  • Located in Fremont, CA (Alameda County), at 36341 Mission Blvd, 94536. APN: 507-0020-007-2.
  • R-3-18 zoning permits 13 townhouse units; potential for up to 28 units under AB 1286 bonus density.
  • Near shovel-ready status; most architectural and site soft costs, including City of Fremont requirements, are complete.
  • Excellent location in high-demand Fremont, CA, consistently ranked among the happiest cities in the US, with easy access to major freeways (880, 680, 84, 92), BART, and Amtrak.

Property Details for 36341 Mission Blvd

Property type
Land
Lot Size (sq. ft)
34,412 SF

Location Insight

City
Fremont
County
Alameda
State
California
Latitude
37.58088
Longitude
-121.991563
36341 Mission Blvd, Fremont, California

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36341 Mission Blvd
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