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Listed by Jim Holt • Elevate Group, DRE#01728682
$ 1,699,000
Est. payment | /mo
2 Beds
1 Bath
4,392 SqFt
$ 1,699,000
Est. payment | /mo
2 Beds
1 Bath
4,392 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,392 sqft
Price per Sqft $386
MLS Listing ID ML82052102
Bedrooms 2
Full Baths 1
Year Built 1965
Lot Size 8,207 Sqft
Property Sub-Type Five or More Units
Property Description
Trustee sale. Rare opportunity to acquire a fully occupied six-unit multifamily property in Newark featuring six 2-bedroom, 1-bath units totaling approximately 4,392 square feet. Attractive pricing creates a compelling value-add opportunity for investors seeking strong in-place occupancy with future upside. Seller has limited historical records and documentation regarding tenancy, leases, expenses, maintenance, and operations. Current leases and expense figures are not fully available and any financial figures referenced are based on pro forma assumptions only. Physical condition of the property is unknown. Information provided is believed reliable but not guaranteed. Buyer to independently verify all information. Property sold strictly as-is. Conveniently located near major commuter routes, Dumbarton Bridge, and major employment centers including Meta and Tesla.
Location
State CA
County Alameda
Area Newark
Zoning RM
Interior
Heating Other
Cooling Other
Exterior
Parking Features Carport
Utilities Available Public Utilities
Roof Type Other
Building
Foundation Other
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 092-0050-006-27
Security Features Other
Special Listing Condition Not Applicable
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John Faylor
Realtor | Lic# 1065896