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