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Entitled Mixed-Use Development
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Pending

3411 Capitol Ave, Fremont, CA 94538

Fully entitled condominium project combining residential units, retail frontage, structured parking, and shared amenity spaces.

Property SizeContact for details
Days on Market142

Property Features for 3411 Capitol Ave

General Information

Standard status Pending
Property subtype Retail, Multifamily, Mixed Use, Senior Living
Listing Agency: ACARA
Listed By: DREW MALM · License #01312428
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 7:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ACARA

Investment Insights

Based on property information with market context.

Planned for 90 market-rate condominiums, this fully entitled mixed-use development is designed as a six-story building with a two-story concrete podium and basement. Upper levels are specified as Type III construction over Type I construction. Residential amenities include private open spaces, storage lockers for every unit, a fitness center, community room, and an open-air courtyard on the third level. The plan also includes 14,132 square feet of retail space along the east side of the property, addressing Capitol Avenue frontage.

The property is located at 3411 Capitol Ave in Fremont’s Central Downtown neighborhood, less than a mile from BART and positioned between three major freeways. Nearby destinations include Fremont Hub, Central Park, grocery stores, shopping centers, dining, and entertainment. Kaiser Permanente and Washington Hospital are blocks away, while Tesla, Facebook, and Google are identified among major regional employers.

Key Highlights

  • Fully entitled plan for 90 market‑rate condominiums
  • 14,132 sf of retail space along the east side of the property
  • Six‑story design with Type III construction over Type I construction

Property Analytics

Current Use

Capitol 101 Apartment Building Momo Cook truck Restaurant

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Tattoo & Piercing Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,654
Businesses Nearby

Demographics for 94538, CA

66,424
Population
24,429
Households
2.7
Avg Household Size
36
Median Age
53%
College-Educated
90%
High-School Grad
16.5 sq mi
ZIP Area
4,026
Density / Sq Mi
$144,451
Median Household Income
$76,827
Median Earnings
$2,860
Median Rent
$1,104,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully entitled condominium project combining residential units, retail frontage, structured parking, and shared amenity spaces.
Where is this mixed-use property located?
The property is located at 3411 Capitol Ave Fremont, CA.
What are key features of this property?
This property features: Fully entitled plan for 90 market‑rate condominiums; 14,132 sf of retail space along the east side of the property; Six‑story design with Type III construction over Type I construction
(925) 838-8826 Call to check price and availability
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