37073 Locust ST, Newark, CA 94560 – ML81982323 - Matt Cossell

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Matt Cossell

matt@mattcossellteam.com +1(408) 761-3271

$1,995,000

Est. payment - /mo

9 Beds

4.5 Baths

3,422 SqFt

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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

Garage 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

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Matt Cossell

+1(408) 761-3271

Top 1% Realtor | License ID: 01382971

Top 1% Realtor License ID: 01382971