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.
Property Details
Price:
$1,599,000
MLS #:
ML82036423
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
699notdefined
Listed Date:
Feb 26, 2026
Finished Sq Ft:
1,003
Lot Size:
15,000 sqft / 0.34 acres (approx)
Year Built:
1951
See this Listing
Schools
School District:
Other
Interior
Appliances
DW, GD, VEF
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
NO
Flooring
WOOD
Heating
FF
Exterior
Parking Spots
2
Roof
CMP, SHN
Financial
Map
Community
- Address36871 Locust ST Newark CA
- CityNewark
- CountyAlameda
- Zip Code94560
Subdivisions in Newark
Market Summary
Current real estate data for Single Family in Newark as of Feb 28, 2026
26
Single Family Listed
40
Avg DOM
811
Avg $ / SqFt
$1,483,688
Avg List Price
Property Summary
- 36871 Locust ST Newark CA is a Single Family for sale in Newark, CA, 94560. It is listed for $1,599,000 and features 2 beds, 2 baths, and has approximately 1,003 square feet of living space, and was originally constructed in 1951. The current price per square foot is $1,594. The average price per square foot for Single Family listings in Newark is $811. The average listing price for Single Family in Newark is $1,483,688.
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36871 Locust ST
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