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37073 Locust Street

Newark, CA 94560

– beds
– baths
– sqft
7,500 sqft lot
1988 build
– on site

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.

Listed By CRMLS_CA / Stephen Thaddeus Wawryk / KW Bay Area Estates

Last checked: Checking… • Last updated Oct 18, 2024 •

MLS# ML81982323 —

This property is listed in more than one place. See it here, and here.

The Building

Year Built:

1988
Year Built Source:

Assessor
Roof:

Shingle
Accessibility Features:

Parking
Building Area Total:

3422.00
# of Buildings:

2
Stories Total:

2

Location

Directions:

Cross Street: Thornton Ave
Latitude:

37.52702349
Longitude:

-122.04300424

The Property

Property Type:

Residential Income
Subtype:

Mixed Use
Zoning:

RL - Residential Low Density
Lot Size Area:

7500.0000
Lot Size Acres:

0.1722
Lot Size SqFt:

7500.00
Lot Size Source:

Assessor

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

16079.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

092012500901

Heating & Cooling

Heating:

1
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Included:

No

The Community

Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Covered
Parking Spaces:

3.00
Carport Spaces:

3.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/17/24 Oct 17, 2024	Price Changed	CRMLS_CA	$1,995,000	-37.7%
10/1/24 Oct 1, 2024	Listed / Active	CRMLS_CA	$3,200,000
11/1/22 Nov 1, 2022	Listed / Active	CRMLS_CA

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Similar sold homes

This multifamily located in Newark, CA 94560 is currently for sale for $1,995,000. 37073 Locust Street is a – square foot multifamily with – beds and – baths that has been on Estately for 44 days. This multifamily is in the attendance area of Schilling Elementary School, Newark Memorial High School, and Newark Junior High School.

Listing Courtesy of: CRMLS_CA and KW Bay Area Estates. Based on information from California Regional Multiple Listing Service, Inc. as of 21:54 on Nov 14.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.