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$ 1,599,000

Est. payment | -/mo

2 Beds

1.5 Baths

1,003 SqFt

Save

$ 1,599,000

Est. payment | -/mo

Save

2 Beds

1.5 Baths

1,003 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,003 sqft

Price per Sqft $1,594

Lot Size 0.344 Acres

MLS Listing ID ML82036423

Bedrooms 2

Full Baths 1

Half Baths 1

Property Description

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.

Location

State CA

County Alameda

Area Newark

Zoning RL

Rooms

Family Room Separate Family Room

Dining Room Dining Area

Kitchen 220 Volt Outlet, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range

Interior

Heating Floor Furnace , Gas

Cooling None

Flooring Hardwood, Vinyl / Linoleum

1-purchase type For Sale

Exterior

Exterior Feature Back Yard, Other

Garage Detached Garage

Garage Spaces 2

Utilities Available Public Utilities

Roof Type Composition,Shingle

Building

Story 1

Foundation Raised

Sewer Sewer - Public

Water Public

Story 1

Others

Tax ID 092-0083-008

Horse Property No

Special Sale Not Applicable

Listed by Radha Rustagi of Keller Williams Thrive
Bought with Radha Rustagi of Keller Williams Thrive

36871 Locust ST Newark, CA 94560