CA > Newark
Newark, CA 94560,5366 Saint Mark AVE
Newark, CA 94560,5366 Saint Mark AVE
Newark, CA 94560,5366 Saint Mark AVE
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Joel Martinez

Joel Martinez

+1(831) 230-0059
Listed by Eric Katz • Magnify Real Estate
$5,400,000
Est. payment /mo
2 Beds
1 Bath
11,744 SqFt
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UPDATED:

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 $459

MLS Listing ID ML82017346

Bedrooms 2

Full Baths 1

Year Built 1960

Lot Size 0.451 Acres

Property Sub-Type Five or More Units

Property Description

Magnify is pleased to present 5366 Saint Mark Ave, a rare opportunity to acquire a cash-flowing 16-unit multifamily asset in Newark, CA. The property features an ideal unit mix with all 2-bedroom, 1-bath units, offering strong tenant appeal and efficient operations. The building totals 11,744 square feet and sits on a 19,650 SF lot, providing both functional design and potential for future enhancements. With stable cash flow, low historical vacancy, and clear upside through interior renovations or value-add improvements, this asset is well-positioned for investors seeking both immediate income and long-term growth. Strategically located in a thriving East Bay submarket, Newark offers direct access to Highways 880 and 84, providing seamless connectivity to the Silicon Valley, Fremont, and the Peninsula. The city continues to benefit from major commercial development, logistics expansion, and proximity to high-paying tech employment centers. Tenants enjoy nearby amenities including Newpark Mall, the Don Edwards Wildlife Refuge, and multiple local parks, enhancing overall livability and demand. With strong market fundamentals and robust investor interest, 5366 Saint Mark Avenue represents a compelling opportunity to acquire a unique asset in a core part of the Bay Area.

Location

State CA

County Alameda

Area Newark

Zoning R-M

Interior

Heating Wall Furnace

Cooling Ceiling Fan

Exterior

Parking Features Carport

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Tar and Gravel

Building

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Individual Water Meter, Public

Others

Restrictions None

Tax ID 092A-1010-058-04

Security Features None

Special Listing Condition Not Applicable

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agent

Joel Martinez

+1(831) 230-0059

Property Connection Specialist | License ID: 02338033

Property Connection Specialist License ID: 02338033

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