$1,995,000
37073 Locust ST Newark, CA 94560
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$1,995,000
Est. payment /mo
3,422 SqFt
Price Dropped by $1.2M
37073 Locust ST Newark, CA 94560
UPDATED:
10/18/2024 04:49 AM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,422 sqft
Price per Sqft $582
MLS Listing ID ML81982323
HOA Y/N No
Year Built 1988
Annual Tax Amount $16,079
Lot Size 7,501 Sqft
Acres 0.1722
Property Description
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. All units have been updated in the past 10 years with new kitchen countertops, new bathroom tiles, and laminate flooring throughout, proving beneficial for both your immediate financial goals and long-term vision. With low current rents, there is upside with the average rents in Newark at $3,000 for similar properties. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, these rental units are close to major employers and popular amenities, making them ideal for a growing rental market.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RL - Residential Low Dens
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Covered
Carport Spaces 3
View Y/N No
Roof Type Shingle
Accessibility Parking
Parking Type Covered
Total Parking Spaces 3
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 092012500901
Special Listing Condition Standard
Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates
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