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SOLD 11/4/2020
37304 Niles Blvd., Fremont, CA 94536
--
bed
--
bath
· 13068
ft2 lot
$1,800,000
Listing provided courtesy of Listing Broker: LOUIS KWOK, MARCUS & MILLICHAP.
Source CRMLS.
37304 Niles Boulevard is an extremely rare opportunity to acquire a mixed-use Building in downtown Niles. This property is a true pride of ownership purchase having been under the same ownership for four generations, this is the first time it has been on the market in almost 100 years. Strong tenant profile, Niles Electric has been in business for over 70+ years in the same location. Complete with individually metered units this site features on-site laundry (leased) and is one of the only properties on Niles with off-street parking. Situated only a few blocks from desirable boutique retail and neighborhood parks, tenants will enjoy the convenience and comfort of these well-located properties and thriving neighborhood. One of the major draws for tenants is the close proximity to Fremont BART (five-minute drive). Beyond this, the location is only a short drive away from great restaurants, supermarkets, convenience stores and much more for all of your daily needs.
HOA
$—/month
On market
18 days
Year built
1922
Property type
Multi-Family
Parking
MLS
40925001
Price / Sq.Ft.
ft2
Status
Closed
Flyhomes Cash Offer
Based on a price of $1,800,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$0
$0
+$350/day
$0
Best
Flyhomes Guaranteed Offer
$9,000
- -
$9,000
Better
Discount Brokerage
$6,880
not offered
$6,880
Average
Traditional Brokerage
$0
not offered
$0
Variable
Legal Disclaimer: The Savings Calculator is intended for planning and educational purposes only, and should not be solely relied upon in your decision to participate in Flyhomes’ Cash Offer or other programs.Read more
Property Details
Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: See Remarks
•   
Cooling Details: See Remarks
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Size Acres: 0.3000
•   
Lot Size Area: 13068.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Total Units: 6
Building Info
•   
Construction Materials: Other
Listing Details, Costs & Financing Information
Financial Info
•   
Tax Annual Amount: 26339.00
•   
Other Expense: 0.00
•   
Professional Management Expense: 0.00
•   
Gross Scheduled Income: 97356.00
Lease Info
•   
Net Operating Income: 53122.00
Listing Info
•   
Status: Closed
School Neighborhood & Directions
Location
•   
Directions: Niles Blvd Cross Street: Niles and G St.
Other
Calculation
•   
Dom: 18
•   
Cdom: 18
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 14, 2021 3:59am
Neighborhood snapshot
62
Properties for sale
8
Median days on market
$707.65
Median sold price/sqft
107.30%
Sold/List %
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Property History
11/04/2020
11/04/2020
CRMLS #40925001
sold
CRMLS #40925001
$1,800,000
--10.00%
10/30/2020
10/30/2020
CRMLS #40925001
pending
CRMLS #40925001
$2,000,000
10/12/2020
10/12/2020
CRMLS #40925001
active
CRMLS #40925001
$2,000,000
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