Contact Xavier Gomez
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0 Thornton Avenue, Newark, CA 94560
Priced at Only: $3,480,000
For more Information Call
Mobile: 714.478.6676
Address: 0 Thornton Avenue, Newark, CA 94560
Property Photos
Property Location and Similar Properties
- MLS#: ML82024594 ( )
- Street Address: 0 Thornton Avenue
- Viewed: 6
- Price: $3,480,000
- Price sqft: $0
- Waterfront: No
- Year Built: Not Available
- Bldg sqft: 0
- Days On Market: 78
- Additional Information
- County: ALAMEDA
- City: Newark
- Zipcode: 94560
- Provided by: Keller Williams Thrive
- Contact: Adan Adan

- DMCA Notice
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DescriptionThis sale includes 6417 & 6433 Thornton Ave in Newarks Old Town Specific Plan area, offering 21,000 SF of land ready for high impact development. Together, the parcels can support 100+ residential units under Californias Density Bonus Law and qualify for streamlined city approvals. The site is also eligible for $20M+ in state and local housing grants and low interest financing for affordable or mixed income projects. Next door, a 59 unit affordable housing development is underway, funded by a $12M city grant, showcasing Newarks strong commitment to housing growth. Investors and developers are encouraged to take advantage of this rare opportunity to deliver a transformative project in one of the Bay Areas most supportive housing markets. Seller Financing Available, Up to 50% at 7.5% (5 Year Term) Flexible capital structure ideal for developers and value add buyers. Seller Financing Highlights: Seller will finance up to 50% of purchase price 7.5% interest, fixed 5 year term with balloon payment Fast closing no bank approval needed Ideal for entitlement phase, early stage development, or land banking
Features
Current Use
- Residential
Fencing
- Wood
Lot Features
- Level
Parcel Number
- 092A091902102
Sewer
- Public Sewer
Water Source
- Public
Zoning
- RD-H
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com





