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36871 Locust Street, Newark, CA 94560
Priced at Only: $1,599,000
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Address: 36871 Locust Street, Newark, CA 94560
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  • MLS#: ML82036423 ( Single Family Residence )
  • Street Address: 36871 Locust Street
  • Viewed: 1
  • Price: $1,599,000
  • Price sqft: $1,594
  • Waterfront: No
  • Year Built: 1951
  • Bldg sqft: 1003
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 1
  • 1/2 Baths: 1
  • Garage / Parking Spaces: 2
  • Days On Market: 48
  • Additional Information
  • County: ALAMEDA
  • City: Newark
  • Zipcode: 94560
  • District: Other
  • Provided by: Keller Williams Thrive
  • Contact: Radha Radha
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Rare 15,000 Sq. Ft. Development Opportunity | 4 Large SFH Home Concept** Maximize your ROI with this massive lot in a prime East Bay growth zone. A preliminary planning application with city comments is available for review, featuring a layout for four spacious TWO STORY single family homes (approx. 2,900+ sq. ft. each including 2 car garages). An incoming developer can continue with the existing plans or leverage the potential of new housing lawssuch as SB9 subdivision or high density bonusesto further optimize the site. The property currently includes a move in ready 1,003 sq. ft. 2BD/1.5BA home with hardwood floors and newer dual pane windows, offering immediate rental income during the entitlement process. The expansive grounds are fully equipped with two separate driveways, a detached 2 car garage, and ample RV parking. Strategically located minutes from Meta, Tesla, and the Dumbarton Bridge (880/84), this is a high upside play in a top tier location near shopping, dining, and the National Wildlife Refuge trails. Buyer to verify all development paths and current zoning requirements with the city directly.
Features
Accessibility Features
  1. None
Appliances
  1. Disposal
  2. Vented Exhaust Fan
  3. Dishwasher
Common Walls
  1. No Common Walls
Cooling
  1. None
Flooring
  1. Wood
Garage Spaces
  1. 2.00
Heating
  1. Floor Furnace
Living Area Source
  1. Assessor
Parcel Number
  1. 0920083008
Property Type
  1. Single Family Residence
Roof
  1. Composition
  2. Shingle
School District
  1. Other
Sewer
  1. Public Sewer
Water Source
  1. Public
Year Built
  1. 1951
Year Built Source
  1. Assessor
Zoning
  1. RL
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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