Search
Two-Home Multifamily Property
For Sale
Contact for pricing
Pending

398 L St, Fremont, CA 94536

Two residences share a lot, each offering three bedrooms and flexible two-level living.

Property SizeContact for details
Days on Market142

Property Features for 398 L St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Building Details

Buildings 2
Listing Agency: Everhome Real Estate
Listed By: Nicole Causey · License #CA 01464294
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:40AM

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 Everhome Real Estate

Investment Insights

Based on property information with market context.

This multifamily property includes two residences on one lot at 398 and 400 L St. Each home provides 3 bedrooms, 2 bathrooms, and approximately 1564 sq ft of living space, with one bedroom and one bathroom on the first level. Interior features include separate living and family rooms, tile kitchen counters, an eat-in area, and a breakfast bar. Upper-level layouts include a primary bedroom with a walk-in closet, while one bathroom features two vanities and shared access between bedrooms. Soaring ceilings, abundant natural light, fresh exterior paint, and maintained landscaping add to the physical appeal. One home also includes an upper-level balcony with views toward Alameda Creek. The property is near Alameda Creek Trail, Niles Community Park, and downtown Niles.

Key Highlights

  • Two homes located on one lot at 398 & 400 L St
  • Each residence has 3 bedrooms, 2 bathrooms, and approx 1564 sq ft of living space
  • Both homes include one bedroom and one bathroom on the 1st level

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

567
Businesses Nearby

Demographics for 94536, CA

73,172
Population
26,338
Households
2.8
Avg Household Size
38
Median Age
58%
College-Educated
93%
High-School Grad
14.1 sq mi
ZIP Area
5,190
Density / Sq Mi
$156,672
Median Household Income
$87,943
Median Earnings
$2,835
Median Rent
$1,210,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Two residences share a lot, each offering three bedrooms and flexible two-level living.
Where is this multifamily property located?
The property is located at 398 L St Fremont, CA.
What are key features of this property?
This property features: Two homes located on one lot at 398 & 400 L St; Each residence has 3 bedrooms, 2 bathrooms, and approx 1564 sq ft of living space; Both homes include one bedroom and one bathroom on the 1st level
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message