Listing Agent: Radha Rustagi      Broker/Office: Keller Williams Thrive
36871 Locust Street Newark CA 94560
$ 1,599,000
  2   |    1 Full  1 Half   |    1003 Sq Feet

Listing ID

#ML82036423

Status

Active

Property Type

Single Family Residence

County

Alameda

Year Built

1951

Days on website

22

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.
Location
Financial Information
List Price:  $ 1599000
Property Features
Appliances:  Dishwasher, Disposal
Flooring:  Wood
High School District:  Other
Roof:  Composition, Shingle
Water Source:  Public
High School District:  Other
MLS Area Major:  699 - Not Defined
City:  Newark
Listed By:   Radha Rustagi   Keller Williams Thrive 
CA Lic#