Properties

Lots And Land For Sale

0 Sqft - 6815 Bain Avenue, NEWARK, California 94560

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Property Description

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 ½ 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 Comm RI Multi Units (MLS 40799395) PLEASE do not disturb tenants or walk on property without appointment. Further details available by request.

Basic Details
Property Type : Lots And Land
Listing Type : For Sale
Listing ID : 40940924
Price : $2,500,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 0
Lot Area : 40,498 Sqft
Address Map
Country : US
State : CA
County : Alameda
City : NEWARK
Zipcode : 94560
Street : Bain Avenue
Street Number : 6815
Floor Number : 0
Longitude : W123° 58' 9.5''
Latitude : N37° 31' 51''
MLS Addon
Office Name : Realsmart Properties
Building Type : Lots And Land
Area : Newark
Address : 6815 Bain Avenue
Cross Street : Cherry St
Directions to Property : 880-Thornton, L Cherry, R Bain
LA1User Code : ML8499
LA1Agent First Name : Bryan
LA1Agent Last Name : Jacobs
Status Category : Sold
Zoning : MD
List $/SqFt : $62
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $0
Total Deposits : $0
LOT DESCRIPTION : Level, Corner
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Special Information : None
Original Price : $2,500,000
Sold Price : $2,200,000
Previous Price : $2,500,000
Sale $/SqFt : $0
Lots And Land For Sale
  • Listing ID : 40940924
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 0 Sqft
$2,500,000
Agent info
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