Unbeatable Fremont Location. The Phinney Fourplex is a classic property situated on an ideal corner lot with beautiful Southwest views. The property is zoned LR1 and is a perfect land bank with tons of potential for future development. The existing building has a historically low vacancy rate with consistently strong rental cash flow. The units all boast desirable old world charm features such as coved archways and hardwood floors. Potential townhome/rowhouse redevelopment, corner lot zoned LR1.