$1,400,000
For Sale

7843 Railroad Avenue

Newark, CA 94560
0.43 acres | #ML81982298
Listing OfficeKW Bay Area Estates
Browse 96 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Approved for 6 Single Family Homes - Discover a prime investment at 7843 Railroad Ave with site plans for a 6-Townhome Community that will prove beneficial for both your immediate financial goals and long-term vision. Situated on a rare 18,750 SqFt Large Lot, this property is zoned Residential Low Density (RL), allowing for up to 15 units per acre. Priced competitively at under $235,000 per unit, there's also the option to entitle 6 single-family homes. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, this site is close to major employers and popular amenities, making it ideal for multiple rental properties, build to sell units, or to be used as a family compound. Buyer to verify current zoning/building requirements/restrictions with City of Newark building dept.

  • Property Details
      • Acres0.4304
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyAlameda
      • School DistrictOther
  • Financial Details
      • Original List Price$1,400,000
  • Other
      • MLS #ML81982298

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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