Property Overview:
5624 Chestnut Cmn is a condominium townhouse in Fremont, CA, built in 1971. It features 2 bedrooms, 1.5 bathrooms, and 1,006 sq. ft. of living space. The home includes a parking garage, two parking spots (one covered, one permit), and is move-in ready with recent updates. The estimated home value is $588,800.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 5.9% (lower than state average of 11.8%).
- Property crime risk: 10% (lower than state average of 10.8%).
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Schools:
Nearby schools include Mission Valley Regional Occupational Center Program, Joseph Azevada Elementary, G. M. Walters Middle, and Circle of Independent Learning.- Average SAT score: 1106 (576 Math, 530 English)—higher than state average of 975.
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Job Market:
- 60.2% white-collar jobs, 39.8% blue-collar jobs.
- Unemployment rate: 3.7% (lower than state average of 4.7%).
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Demographics:
- Community population: 50,430 (3.9% growth since 2000).
- 70.5% families with children.
- Largest age group: 25-34 years (19.79%); second largest: 35-44 years (15.8%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 46.8°F (January), 78.3°F (July).
- Average rainfall: 16.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $72,166.
- Average annual spending: $55,285.
Property Features:
- Completely updated and move-in ready (upgrades in March 2025: Luxury Vinyl Planks, Fresh Paint, New Baseboards, New Hood, New Lights).
- Dual Pane windows and doors for energy efficiency and noise reduction.
- Open living room with sliding doors to private front patio.
- Updated kitchen with adjacent dining area.
- Updated half bath downstairs; two bedrooms and full bath upstairs.
- Privately fenced front and back patios.
- Large storage room (not included in interior sq. ft.).
- Community amenities: swimming pool, laundry, club house.
- Low HOA covers hot/cold water, pool, exterior maintenance, roof, and common area.
Location Benefits:
- Prime Central Fremont location with quick freeway access (880/680/84/92).
- Close to BART, Costco, Central Park, Main Library, and Pacific Commons Shopping & Dining.
- Ideal for first-time buyers and investors.
- Family-friendly community with strong schools and amenities.