Active

36976 Mulberry St

Newark CA, 94560

$3,795,000


Active

Condo

Built in 1964

Listed by Dale Morris with Valley Brokers on Main 925-426-2566

Rarely available in this area, 11 units one of which is a commercial unit that can be converted to a living unit. Fantastic upside to this building, rents are month to month and can be updated now. This building is located in the heart of Newark and only minutes from the big tech companies across the Dumbarton Bridge. Building was updated inside recently. These don't come along that often. Great cap rate over 6%, call agent for more details. Seller has raised current rents to $23,300 monthly, see rent roll attached.

41039512

MLS ID

September 18, 2023

Listed

May 2, 2024

Updated

Map

36976 Mulberry St
Newark CA, 94560

Interior Features

Appliances

Dryer, Washer


Fireplace

No


Cooling

Yes


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.34 Acres


Lot Features

Street Level


Roof

Tar/Gravel

Other Property Details

Days on Market

49


Garage

No


Parking Total

13


View

No


County

Alameda


Pool

No


Buyer Agency Compensation

2.5%

Listing Contact: 925-426-2566 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/2/2024 at 2:09 PM UTC

 

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