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.
Property Details
Price:
$1,995,000
MLS #:
ML81982323
Status:
Active
Baths:
0
Address:
37073 Locust Street
Type:
Residential Income
Subtype:
Mixed Use
Neighborhood:
699notdefined
City:
Newark
Listed Date:
Oct 1, 2024
State:
CA
ZIP:
94560
Lot Size:
7,500 sqft / 0.17 acres (approx)
Year Built:
1988
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Schools
Interior
Accessibility Features
Parking
Cooling
Wall/ Window Unit(s)
Exterior
Garage Spaces
0.00
Parking Features
Covered
Parking Spots
3.00
Roof
Shingle
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address37073 Locust Street Newark CA
- Area699 – Not Defined
- CityNewark
- CountyAlameda
- Zip Code94560
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Courtesy of KW Bay Area Estates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
37073 Locust Street
Newark, CA
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