$1,490,000 Price Analysis    ♡   Newark, CA 94560 7 bed 4 bath 3,098 SqFt ($480/SqFt) 0.37 acre lot. Built 1900 Listed 2024-06-13, Taxes $3,400 | Ⓧ USDA Ineligible due to price & location near Newark |
Opportunities like this are rare and highly sought after by savvy investors!
This unique property features four separate houses on a big lot of approximately 16, 113 sq ft, with potential for further development. Three of the homes each have 2 bedrooms and 1 bathroom, measurng approximately 968 sq ft, 899 sq ft and 679 sq ft respectively. The fourth unit offers 1 bedroom and 1 bathroom, covering approximately 550 sq ft.
The seller prefers selling this property along with two additional adjoining properties - APN #92-132-2 and APN #92-132-1. When combined, these three parcels encompass a total of 8 homes on approximately 28, 613 sq ft of land. This is a fantastic opportunity to expand your investment portfolio with a substantial and versatile property package.
Presented by Joe Schembri at
Coldwell Banker Realty.
Property MLS #41063194 from BayEast
Heating Features: Wall Furnace
Heating: Yes
Side Yard
Storage
Garden
Lot Size Acres: 0.3699036
Lot Size Square Feet: 16113
High School District: Newark (510) 794-2141
Map directions Map directions Map directions Map directionsBedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
County: Alameda
Cross Street: Oak Ave
Directions: Thornton>Ash>Snow
Source Property Type: Residential Income
Source Neighborhood: Newark
Parcel Number: 9213241
Subdivision: Newark
Property Subtype: 3+ Houses on Lot
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $48,399 + $31,190 $79,589 | $3,400 |
| 2021 | $47,450 + $30,578 $78,028 | $3,341 |
| 2020 | $46,963 + $30,265 $77,228 | $2,927 |
| 2019 | $46,043 + $29,671 $75,714 | $2,910 |
| 2018 | $45,140 + $29,090 $74,230 | $2,835 |
| 2017 | $44,255 + $28,519 $72,774 | $2,758 |
| 2016 | $43,387 + $27,960 $71,347 | $2,683 |
| 2015 | $42,736 + $27,540 $70,276 | $2,668 |
| 2014 | $41,899 + $27,001 $68,900 | $2,564 |
| 2013 | $41,710 + $26,879 $68,589 | $2,449 |
| 2012 | $40,892 + $26,352 $67,244 | $2,346 |
| 2010 | $40,090 + $25,835 $65,925 | $2,162 |
| 2009 | $39,790 + $25,642 $65,432 | $2,040 |
| 2008 | $39,103 + $25,199 $64,302 | $1,971 |
| 2007 | $38,336 + $24,705 $63,041 | $1,874 |
$1,490,000
BayEast
Year Built: 1900
Construction Materials: Stucco, Wood Siding
Property Age: 124
Roof: Composition Shingles
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.