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

October 4, 2017

Listed

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


Buyer Agency Compensation

2.5%

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

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