7843 Railroad Avenue

Newark, CA 94560

$1,400,000

List Price

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Property Description

Exceptional Development Deal in the Bay Area! Discover a prime investment at 7843 Railroad Ave, Newark, with a nearly approved site plan for a 6-Townhome Community that will prove beneficial for both your immediate financial goals and long-term vision. Situated on a rare 18,750 SqFt Large Lot, this property is zoned Residential Low Density (RL), allowing for up to 15 units per acre. Priced competitively at under $235,000 per unit, there's also the option to entitle six single-family homes. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, this site is close to major employers and popular amenities, making it ideal for multiple rental properties or a family compound. Buyer to verify current zoning/building requirements/restrictions with City of Newark building dept.

Listing Information

List Price $1,400,000
Status Active
MLS ML81982298
Type Land
Lot Size 18,750
Structure Size N/A
Courtesy Of KW Bay Area Estates
Listing Agent Stephen Thaddeus Wawryk DRE#02140544
Co-Listing Agent Danielle Davenport DRE#00954910

Interior Features

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Maps

Listing information courtesy of: Stephen Thaddeus Wawryk, Danielle Davenport, KW Bay Area Estates . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 2nd, 2024 at 1:40 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.