5366 Saint Mark AVE new Save Request In-Person Tour Request Virtual Tour
Newark,CA 94560
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82017346
Year Built 1960
Annual Tax Amount $72,199
Lot Size 0.451 Acres
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 699 - Not Defined
Zoning R-M
Interior
Heating Wall Furnace
Exterior
Roof Type Tar/Gravel
Building
Water Public
Schools
School District Other
Others
Special Listing Condition Standard