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- Overview
- Description
- Property Details
- Location
- Facts & Features
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Price Drop: $1.3M (09/17)
No HOA
Street View
Listed by: Todd Carter (925) 914-5844 DRE #01235456 | RE/MAX Accord (925) 838-4100
$5,495,000
Monthly Est:$27,351
-- Bed
-- Bath
--sqft
585 Old Cyn Rd, Fremont, CA 94536
$5,495,000
$27,351/moEst:
Get Pre-Approved
Multi Family
Built in 1938
$-- HOA
1.58 acres lot
--/sqft
Description
An exceptional opportunity awaits at 559 & 585 Old Canyon Road in the highly sought-after Niles district of Fremont. Offered together, these two parcels combine for approximately 1.58 acres of prime infill land zoned R-6, presenting tremendous upside potential for developers, investors, and builders seeking a rare large-scale residential redevelopment opportunity in one of the Bay Area’s most desirable submarkets. Currently situated on 559 Old Canyon Road are 15 occupied apartment units generating an impressive net operating income of approximately $271,000 annually, providing immediate cash flow while plans and entitlements are pursued. The combination of strong in-plac...
Continue Reading- Houzeo last checked: 5 minutes ago
- Listing updated: September 18, 2026 at 4:14 pm
- Source: California Regional MLS-CA | MLS#: 41135884
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1938
HOA Fees
-
Finished Area
- sqft
Lot Size
1.58 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
41135884
MLS Status
Active
Days on Market
119
Cumulative Days on Market
117
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Cooling
Wall Window Units
Heating
Wall Furnace
Construction
Year Built
Year Built: 1938
Home type
Multi Family
Roof
Shingle
Construction Materials
See Remarks, Wood Siding
Other Features
Lot Features
Street Level
Subdivision Name
Niles Area
Price History
| Date | Event | Price |
|---|---|---|
09/17/2026 Source: | Price Decreased | $5,495,000 -19.07% $0/sqft |
05/30/2026 Source: | Listed for Sale | $6,790,000 $0/sqft |
05/23/2026 Source: | Off Market | $6,790,000 $0/sqft |
Find Homes by Property Features in Fremont, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 06:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
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