$ 1,995,000
37073 Locust ST Newark, CA 94560
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$ 1,995,000
Est. payment /mo
Price Dropped by $1.2M
37073 Locust ST Newark, CA 94560
9 Beds
4.5 Baths
3,422 SqFt
UPDATED:
10/18/2024 04:26 AM
Key Details
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Active
Purchase Type For Sale
Square Footage 3,422 sqft
Price per Sqft $582
MLS Listing ID ML81982323
Bedrooms 9
Full Baths 3
Half Baths 3
Year Built 1988
Lot Size 7,500 Sqft
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 Newark
Zoning RL - Residential Low Density
Interior
Heating Gas
Cooling Window / Wall Unit
Exterior
Parking Features Assigned Spaces, Covered Parking
Utilities Available Public Utilities
Roof Type Shingle
Building
Story 2
Foundation Wood Frame
Sewer Sewer - Public
Water Public
Level or Stories 2
Others
Tax ID 092-0125-009-01
Security Features None
Horse Property No
Special Listing Condition Not Applicable
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Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates