Newark, CA 94560,37073 Locust ST
Newark, CA 94560,37073 Locust ST
Newark, CA 94560,37073 Locust ST
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$1,995,000
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3,422 SqFt
Price Dropped by $1.2M

37073 Locust ST Newark, CA 94560

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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


California Regional MLS (CRMLS)
Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates

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Nicole Parent

Broker Associate | License ID: 01827226

+1(559) 930-7171

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37073 Locust ST