Sold
Private Address
$2,200,000
$54.90 per sqft
Sold
40,075 sqft
Commercial
Built in 1960
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 Lots & Land (MLS 40799391) PLEASE do not disturb tenants or walk on property without appointment. Further details available by request.
40799395
MLSⓇ ID
February 15, 2024
Updated
Map
Private Address
Interior Features
Floor Description
Other
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.92 Acres
Lot Features
Level
Roof
Composition Shingles
Sewer
Public Sewer
Other Property Details
Area Name
Newark
Garage
Yes
Parking
Attached, Off Site
View
No
County
Alameda
Water Source
Public
Pool
No
Zoning
MD
Listed by Bryan Jacobs with Realsmart Properties
Listing Contact: 650-363-2808
Bay East ©2024 CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 7:35 PM UTC, 2/15/2024.