43232 Starr St, 4 Units in Fremont
Turn-Key, High-Yield Trophy Fourplex in the Heart of Fremont
Marketing 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 remodeled 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.
Investment highlights
- Rare 6,652 SF Fremont 4-Plex — Offered for the first time since 1970 on a 0.21-acre lot in a quiet residential pocket
- Strong In-Place Cash Flow — High-performing Airbnb generating approximately $17K/month in gross income
- Value-Add Upside — Opportunity to increase room rates and activate premium host suite with private bath, patio, and separate entrance
- Turn-Key, Remodeled Asset — Updated kitchens, baths, flooring, appliances, and solar panels for efficiency
- Prime East Bay Location — High-demand Fremont submarket near major employment hubs, ideal for short-term rental demand
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