Opportunities like this are rare and highly sought after by savvy investors! This unique property features 3 separate houses on a lot of approximately 8,950 sq ft. One of the homes has 5 bedrooms and 2 bathrooms, measuring approximately 1,468 sq ft, 899 sq ft. The other 2 homes each have 2 bedrooms and 1 bathroom, measuring approximately 640 sq ft and 677 sq ft respectively. 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.
Opportunities like this are rare and highly sought after by savvy investors! This unique property features four separate houses on a spacious lot of approximately 16,113 sq ft, with potential for further development. Three of the homes each have 2 bedrooms and 1 bathroom, measuring 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.
Four units on large 9k+ lot, large two bedroom one bath units, all units clean and updated. Strong current rental income. Units downstairs have large private yards, unit upstairs have nice balconies. Long term owner who has taken care of building and has great tenants.
Rarely available in this area, 11 units one of which is a commercial unit that can be converted to a living unit. Fantastic upside to this building, rents are month to month and can be updated now. This building is located in the heart of Newark and only minutes from the big tech companies across the Dumbarton Bridge. Building was updated inside recently. These don't come along that often. Great cap rate over 6%, call agent for more details. Seller has raised current rents to $23,300 monthly, see rent roll attached.
Newark is located in California. Newark, California has a population of 45,554. Newark is more family-centric than the surrounding county with 37.75% of the households containing married families with children. The county average for households married with children is 37.12%.
The median household income in Newark, California is $96,817. The median household income for the surrounding county is $85,743 compared to the national median of $57,652. The median age of people living in Newark is 37.7 years.
The average high temperature in July is 77.1 degrees, with an average low temperature in January of 42.1 degrees. The average rainfall is approximately 22 inches per year, with 0 inches of snow per year.
