Bought with Rachel Cheng • Omni Properties, Inc.
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43238 Starr ST Fremont, CA 94539
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Key Details
Sold Price $2,688,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,652 sqft
Price per Sqft $404
MLS Listing ID ML82041824
Bedrooms 14
Full Baths 8
Year Built 1970
Lot Size 9,230 Sqft
Property Sub-Type Fourplex
Property Description
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.
Location
State CA
County Alameda
Area Fremont
Zoning R-G-29
Interior
Heating Forced Air
Cooling Window / Wall Unit
Flooring Laminate
Laundry Coin Operated, Washer/Dryer - Some Units
Exterior
Parking Features Covered Parking, Uncovered Parking
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Building
Story 2
Foundation Post and Pier, Wood Frame
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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