Property Overview:
733 Covina Way is a single-family home in Fremont, CA 94539, built in 1969. It features 2 bedrooms, 2 bathrooms, and 1,010 sq. ft. of living space on a 6,000 sq. ft. lot. The home includes a parking garage, tankless water heater, copper plumbing, and a private swimming pool. The estimated home value is $964,882–$1,284,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 4.6% (lower than state average of 11.8%).
- Property crime risk: 6.5% (lower than state average of 10.8%).
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Schools:
Nearby schools include James Leitch Elementary, Thomas Russell Middle, and Milpitas High.- State average SAT score: 975.
- Area is known for highly-rated assigned schools.
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Job Market:
- 71.3% white-collar jobs, 28.7% blue-collar jobs.
- Unemployment rate: 2.6% (lower than state average of 4.7%).
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Demographics:
- Community population: 50,187 (12.9% growth since 2000).
- 81.3% families with children.
- Largest age group: 45–54 years (19.95%); second largest: 35–44 years (16.27%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 46.2°F (January), 77.1°F (July).
- Average rainfall: 14.6 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $124,255.
- Average annual spending: $80,934.
Property Features:
- Well-maintained with recent upgrades:
- Roof replaced 3 years ago.
- Tankless water heater and copper plumbing for efficiency.
- New pool filter.
- Spacious backyard with mature landscaping—ideal for entertaining.
- Private swimming pool for enjoying warm California days.
- Quiet, desirable street in the Warm Springs neighborhood.
- Excellent investment opportunity for families or investors.
Location Benefits:
- Convenient access to parks (Warm Springs Park, Booster Park, Lone Tree Creek Park), shopping (Safeway, 99 Ranch Market), dining, and commuter routes.
- Nearby coffee shops: Cafe Verona, Gong Cha, One Tea.
- Nearby restaurants: Sushi Sio, Boiling, Hot Pot Buffet.
- Highly sought-after neighborhood with strong community and family orientation.
- Rental estimate: $2,572–$3,161/month (per Redfin).