Active

37073 Locust Street

Newark CA, 94560

$1,995,000


$582.99 per sqft

Active

9 Beds

3,422 sqft

Other

Built in 1988

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.

ML81982323

MLS ID

October 1, 2024

Listed

October 18, 2024

Updated

Map

37073 Locust Street
Newark CA, 94560

Interior Features

Bedrooms

9


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.17 Acres

School Information

School District

Newark (510) 794-2141

Other Property Details

Area Name

Newark


Garage

No


View

No


County

Alameda


Pool

No


Zoning

RL -

Listing History

Date

Event

Price

10/18/2024

Price change

$1,995,000

-38%

Listed by Stephen Thaddeus Wawryk with KW Bay Area Estates
Listing Contact: 415-347-1658 

Bay East  ©2024 CCAR  ©2024. bridgeMLS  ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 12:38 PM UTC, 10/18/2024.

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