$1,850,000
$1,950,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
7881 Thornton Ave Newark, CA 94560
0.26 Acres Lot
Key Details
Sold Price $1,850,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41028005
Sold Date 07/21/23
HOA Y/N No
Year Built 1988
Lot Size 0.260 Acres
Property Description
Exceptional investment opportunity in the prime location of Newark. Huge lot (11,282 sf by public records) with great potentials. 4 identical 2-story townhouse style units with 2 bedrooms & full bath upstairs and living room/dining/kitchen/half bath downstairs. Each unit has dishwasher, laundry area with washer/dryer hook up, water heater, alcove upstairs perfect for home office, and a private backyard. Its advantageous location provides an easy access to both Highway 880 & Dumbarton Bridge connecting to all major employment centers in Bay Area (Palo Alto, Peninsula, South Bay...) and thus enhances potential for upside in rents and long-term value.
Location
State CA
County Alameda
Interior
Heating Forced Air
Flooring Carpet, Laminate, Tile, Vinyl, Wood
Fireplace No
Appliance Gas Water Heater
Exterior
Parking Features Carport, Garage
Roof Type Shingle
Total Parking Spaces 8
Building
Lot Description Back Yard, Street Level
Sewer Public Sewer
Others
Tax ID 928313
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Asir Shahim • eXp Realty of California