43232 Starr St - Apartments FOR SALE


Fremont, CA 94539- Mission San Jose
$2,688,000 USD
408-438-0969
43232 Starr St, Fremont, CA for Sale
$2,688,000 USD
Apartments - FOR SALE
1/44
null | 4.71% Cap Rate

43232 Starr St
Fremont, CA 94539
Mission San Jose


HIGHLIGHTS

  • First Time Ever on Market! Trophy Asset with massive units: (2) 4BD/2BA and (2) 3BD/2BA.
  • Furnished and Turn-key AirBNB business averaging ~$17K/month.
  • New Roof (2023), Solar Panels, and Upgraded Kitchens/Bathrooms.
  • Rare Spacious 4plex in Residential Neighborhood in Fremont on 0.21 acre lot.
  • Direct access to key East Bay employers including Tesla.
  • Great Potential to Owner-Occupy or for Multi-Generational Living.

OVERVIEW

Magnify is pleased to present 43238 Starr Street, a rare and expansive 4plex in a residential neighborhood of Fremont. Offered for the first time since its 1970 construction, the property spans 6,652 square feet per county records on a 0.21-acre lot, and features a unique unit mix of two 4-Bed/2-Bath units with two 3-Bed/2-Bath units. The property is delivered in turn-key condition, with all units upgraded and fully occupied as Airbnb rentals with immediate upside in room rates. The building has undergone capital improvements including solar panels for efficiency and updated flooring, appliances, kitchens and bathrooms. The asset is currently operated as a high-performing Airbnb, averaging approximately $17K per month in gross income. There is strong upside to increase room rates and rent the premium host suite which features a private bath, large private patio, and separate entrance. Located in a quiet, high-demand residential pocket of Fremont near major East Bay employment hubs, 43238 Starr Street offers a desirable investment with immediate cash flow and upside. With its massive square footage, modern upgrades, and pride-of-ownership history, this property stands out as a premier asset. The sale includes all furniture and fixtures for a seamless transition of operations.

FOR SALE DETAILS

PRICE

$2,688,000 USD

PRICE/SF

$404 USD /SF

# OF UNITS

4

PRICE/UNIT

$672,000

CAP RATE

4.71%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

43232 Starr St, 4 Units in Fremont

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,230 SF

ZONING

R-G-29

APN/PARCEL ID

513-0505-020-00

ASK ABOUT THIS PROPERTY

Eric KatzMagnify EquityMore Info
408-438-0969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Eric KatzMagnify EquityMore Info
408-438-0969

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.