Active
37073 Locust ST
NEWARK CA, 94560
$3,200,000
$935.13 per sqft
Active
3,422 sqft
Residential
Built in 1988
Listed by KW Bay Area Estates, Stephen Thaddeus Wawryk, Danielle Davenport Listing Contact: 4153471658
Triplex + Large Developable Lot. Discover a prime investment at 37073 Locust St - a triplex consisting of the unit mix: 3 Bedroom / 1.5 Bath townhome style units with 2 stories and a backyard area. Then the adjacent large developable lot located at 7843 Railroad Ave has a site plan for a 6-Townhome Community that will prove beneficial for both your immediate financial goals and long-term vision. Situated on a rare 18,750 SqFt Large Lot, this property is zoned Residential Low Density (RL), allowing for up to 15 units per acre. Priced competitively at under $235,000 per unit, there's also the option to entitle 6 single-family homes. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, both investment properties are close to major employers and popular amenities, making them ideal for multiple rental properties, build to sell units, or to be used as a family compound. Buyer to verify current zoning/building requirements/restrictions with City of Newark building dept.
ML81982323
MLSⓇ ID
October 1, 2024
Listed
October 9, 2024
Updated
Map
37073 Locust ST
NEWARK CA, 94560
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.17 Acres
Roof
Shingle
Sewer
Public Sewer
School Information
School District
Newark Unified
Other Property Details
Area Name
Newark
Garage
No
Parking Total
3
View
No
County
Alameda
Water Source
Public
Pool
No
Zoning
RL - Residential Low Density
Listed by KW Bay Area Estates, Stephen Thaddeus Wawryk, Danielle Davenport
Listing Contact: 4153471658
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Data last updated 1:39 AM UTC, 10/9/2024