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5464 St Mark Ave
Newark, CA 94560

$4,850,000 USD

Apartments For Sale  •  15,098 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,600 SF
  • Lot Size 0.57 AC
  • Building Class C
  • Year Built 1960
  • Zoning RM
30 Transit Score
50 Walk Score

Highlights

Excellent Unit Mix: (16) 2BD/1BA units with significant rental upside on a large 0.57-acre corner parcel
Four Permitted ADUs: Shovel-ready plans and approved building permits for four ADUs provide a clear path to additional income and value creation
Expense & Management Upside: Individual water meters allow water cost passed through to tenants, plus opportunity to reduce management overhead
Strategic Newark Location: ~10 minutes from Downtown Fremont with convenient access to I-880 and I-84/Dumbarton Bridge
Proximity to Major Employment Centers: ~15 minutes from Tesla Factory with excellent connectivity to the greater East Bay and Peninsula

Amenities

  • Heating
  • Kitchen
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Fremont (ACE Train - Amtrak, Capitol Corridor - Amtrak) 3 min - 2.0 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 23 min - 18.1 mi
Metro Oakland International 25 min - 19.2 mi
San Francisco International 37 min - 29.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
David Katz 408-438-0585 Magnify Equity
David Katz 408-438-0585 Magnify Equity