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Listed by Eric Katz • Magnify Real Estate
$ 5,400,000
Est. payment /mo
Open Wed 11AM-1PM
5366 Saint Mark AVE Newark, CA 94560
2 Beds
1 Bath
11,744 SqFt
OPEN HOUSE
Wed Aug 13, 11:00am - 1:00pm
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 Slab
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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