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$2,200,000 Just Listed
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Property Description
Introducing a multifamily investment opportunity located at 40775 Max Dr in Fremont. This 3,660 SF property features four spacious 2BD/1BA units, offering strong in-place income with meaningful upside for multifamily investors. Built in 1968 and zoned R-3, the property sits on a large lot with potential to enhance returns through RUBS implementation and future ADU development (buyer to verify). Ideally located near Downtown Fremont and a wide array of retail, dining, and transit options, the property benefits from excellent tenant appeal and long-term demand drivers. This is a rare opportunity to acquire a value-add multifamily asset in a highly desirable Fremont submarket. **Reach out to the listing agent for more information.**
Full Property Details
Full Property Details for 40775 Max Dr
General
- Price: $2,200,000
- Status: Active
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML82031815
- Updated: Today (1/20/2026)
- Added to Site: Today
Additional Information
- Extras: Not Applicable
- Security/Safety: Other
Parking
- Parking Features: Other
Location
- Area: Fremont
- County: Alameda
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water, Separate Electric, Separate Gas
Structural Information
- Foundation: Crawlspace
- Roof: Composition
- Disability Access: Other
- Square Feet: 3,660
- Year Built: 1968
Unit Information
Unit 1
- Square Feet: 915
- Bedrooms: 2
Unit 2
- Square Feet: 915
- Bedrooms: 2
Unit 3
- Square Feet: 915
- Bedrooms: 2
Unit 4
- Square Feet: 915
- Bedrooms: 2
Lot Features
- Minimum Lot Size: 10000
- Lot Size (Sq. Ft.): 10,000
- Building Sites: 1
- Zoning: R-3-18
Listed by BellStreet Inc., Amit Urban
Get Pre-Approved Today
Schools
Schools serving 40775 Max Dr
School District:Fremont Unified School District
| Name | Grades | Distance |
|---|---|---|
J. Haley Durham Elementary School 40292 Leslie Street, Fremont, CA 94538 | K-6 | 0.5 mi |
G. M. Walters Middle School 39600 Logan Drive, Fremont, CA 94538 | 7-8 | 1.2 mi |
John F. Kennedy High School, Fremont, CA 39999 Blacow Road, Fremont, CA 94538 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40775 Max Dr
Date
Details
Price
Change
Source
1/20/2026
Listed
$2,200,000
175%
MLS
5/28/2003
Sold
$800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40775 Max Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,198
5%
$1,158,560
2%
2024
$15,446
3%
$1,135,847
2%
2023
$14,977
2%
$1,113,583
2%
2022
$14,712
2%
$1,091,751
2%
2021
$14,389
2%
$1,070,351
1%
2020
$14,156
1%
$1,059,383
2%
2019
$14,004
2%
$1,038,615
2%
2018
$13,720
3%
$1,018,255
2%
2017
$13,374
2%
$998,295
2%
2016
$13,138
1%
$978,727
2%
2015
$12,975
2%
$964,031
2%
2014
$12,752
25%
$945,151
22%
2013
$10,235
—
$775,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40775 Max Dr
40775 Max Dr, Fremont, CA 94538 (MLS# ML82031815) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 40775 Max Dr is currently listed for $2,200,000 and was received on January 20, 2026. Want to learn more about 40775 Max Dr? Do you have questions about finding other Multi-Family real estate for sale in Fremont? You can browse all Fremont real estate or contact a Coldwell Banker agent to request more information.

