36976 Mulberry St Newark, CA ^$ 3,795,000

36976 Mulberry St

^$ 3,795,000

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36976 Mulberry St

Newark, CA, 94560

^$ 3,795,000

Bedrooms7 Baths4.0 Sq 7,344

Monthly Estimate*

^$ 25,223

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Commercial Property for sale in Newark, CA

for $3,795,000 with 7 bedrooms and 4 full baths. This 7,344 square foot building was built in 1964 on a lot size of 0.335514.

Rarely available in this area, 11 units one of which is a commercial unit that can be converted to a living unit. Fantastic upside to this building, rents are month to month and can be updated now. This building is located in the heart of Newark and only minutes from the big tech companies across the Dumbarton Bridge. Building was updated inside recently. These don't come along that often. Great cap rate over 6%, call agent for more details. Seller has raised current rents to $23,300 monthly, see rent roll attached.

Commercial Active

Price

^$ 3,795,000

Bedrooms

Full Bath

Property Type

Commercial

Taxes

^$ 0

Style

Apt Complex

Lot Size

0.335514

Year Built

1964

Town/City

Newark

County/Region

Alameda

MLS | Web ID

41039512

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling None

Roof Tar/Gravel Other Fiberglass

Appliances Dryer Washer

Year Built 1964

Property SubType Apt Complex

County Alameda

Property Type Commercial Sale

HOA / Comm Assn Y

Garage Y/N No

Status Active

Directions Thornton to Mulberry

City Newark

MLS Area Listing

Lot Size Square Feet 14615

Street Name Mulberry St

Standard Status Active

Interior

Flooring Engineered Wood

Air Conditioning Y/N No

Heating Y/N Yes

Exterior

Parking Features Covered

Lot Features Level

Water Source Public

Lot Size Area 14810.4

Lot Size Acres 0.34

* Excluded Features

List By

Dale Morris

Listing Agent

Valley Brokers On Main

Broker

dale@ptownshomes.com

Affordability Calculator

$25,223

Per Month

Monthly Principal & Interest: $25,223
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Newark, CA

Average List Price ^$2,028,750

Percent of Sale Price 47%

About Newark, CA

48,655 Population

15% Since 2002

^$95,709 Median Income

37.84 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

806588 Elementary School

806593 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/25/2024	$3,795,000	-2.14%	Price Down
9/18/2023	$3,878,000		Listed Price

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36976 Mulberry St, Newark, CA, 94560 is a Commercial Property for sale at $3,795,000 with 7,344 sqft and a lot size of 0.335514. 36976 Mulberry St has 7 bedrooms, 4.0 baths, and was built in 1964. The property's zip code is 94560 which is in Newark, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of CCAR. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/6/2024.

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36976 Mulberry St

Commercial Property for sale in Newark, CA

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