CA > Newark
Newark, CA 94560,5424 Saint Mark AVE
Newark, CA 94560,5424 Saint Mark AVE
Newark, CA 94560,5424 Saint Mark AVE
Newark, CA 94560,5424 Saint Mark AVE
Newark, CA 94560,5424 Saint Mark AVE
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A+J Partners

A+J Partners

+1(650) 228-9672
Listed by Eric Katz • Magnify Real Estate
$ 5,288,000
Est. payment | /mo

2 Beds

1 Bath

11,744 SqFt

Save
$ 5,288,000
Est. payment | /mo
Save

2 Beds

1 Bath

11,744 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,744 sqft

Price per Sqft $450

MLS Listing ID ML82019251

Bedrooms 2

Full Baths 1

Year Built 1960

Lot Size 0.522 Acres

Property Sub-Type Five or More Units

Property Description

Magnify is pleased to offer 5424 Saint Mark Avenue, a compelling 16-unit investment opportunity in the heart of Newark, CA. Built in 1960, this cash-flowing asset features an efficient and desirable unit mix with all 2-bedroom 1 bath units, amounting to 11,744 rentable square feet. The building has undergone recent capital improvements, including four fully renovated units and one partially upgraded unit. The property sits on a large 22,751 SF lot offering ample space for tenants and maximizing rental appeal. With strong value-add potential, this asset is well-positioned for investors seeking both stable cash flow and long-term upside in a core Bay Area market. The property is located in a thriving East Bay neighborhood with direct access to Highways 880 and 84, providing seamless connectivity to the greater Bay Area. Finally, residents enjoy convenient access to local amenities such as Newpark Mall, Don Edwards Wildlife Refuge, and numerous parks, enhancing livability and supporting long-term occupancy.

Location

State CA

County Alameda

Area Newark

Zoning R-M-1500

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Carport

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Tar and Gravel

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Individual Water Meter, Public

Others

Restrictions None

Tax ID 092A-1010-055-01

Security Features Other

Special Listing Condition Not Applicable

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5424 Saint Mark AVE