$1,995,000
For Sale

37073 Locust Street

Newark, CA 94560
3422 sqft | 0.17 acres | #ML81982323
Listing OfficeKW Bay Area Estates
Browse 55 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

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
      • Stories2
    • Measurements
      • Acres0.1722
      • Square Feet3422
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1988
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyAlameda
      • School DistrictOther
  • Financial Details
      • Original List Price$3,200,000
      • Taxes Annual$16,079
  • Other
      • MLS #ML81982323

Location

Shane FalkensteinReal 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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