Sold

6815 Bain Avenue

Newark CA, 94560

$2,200,000


$117.45 per sqft

Sold

0.43 Acres

Land

This is 1 of 3 parcels being sold together. APN#092-0061-012-02 (15,750sf), 092-0061-012-01 (6,000sf), & 092-0061-011 (18748sf) total of 40,498 sf. Parcels represent a unique opportunity to invest in the path of progress adjacent to Dumbarton Rail Corridor & 400K jobs within 1/2 hour commute: Facebook (9m), Amazon (1.8 m) and Logitech (2.5 m). Zoned Medium Density Residential, but per City of Newark planning, they want to see single family homes. City is in progress of adopting a revision that would allow 3000 sf lot size SFR with 40' wide lot and 2 car garage. Based on this updated code, 13 PUD or SFR style homes could be put in place. Currently there are 6 structures on the property - 5 occupied by month to month tenants w/monthly income $6450. Property also listed under Comm RI Multi Units (MLS 40799395) PLEASE do not disturb tenants or walk on property without appointment. Further details available by request.

40799391

MLS ID

October 4, 2017

Listed

February 15, 2024

Updated

Map

6815 Bain Avenue
Newark CA, 94560

Exterior/Building Features

Lot Size

0.43 Acres


Lot Features

Corner Lot, Level


Sewer

Public Sewer

Other Property Details

Area Name

Newark


Garage

No


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

MD


Buyer Agency Compensation

2.5%

Listed by Bryan Jacobs with Realsmart Properties
Listing Contact: 650-363-2808 

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