Newark, CA 94560,5424 Saint Mark AVE
Newark, CA 94560,5424 Saint Mark AVE
Newark, CA 94560,5424 Saint Mark AVE
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Eric Chu

Eric Chu

+1(650) 922-7449
Listed by Eric Katz • Magnify Real Estate
$5,088,000
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 $433

MLS Listing ID ML82019251

Bedrooms 2

Full Baths 1

Year Built 1960

Lot Size 0.522 Acres

Property Sub-Type Five or More Units

Property Description

Magnify is pleased to present 5424 Saint Mark Avenue, a 16-unit investment opportunity located in Newark, CA. Built in 1960 and located at the border of Fremont, this property offers immediate access to one of the strongest employment corridors in the East Bay. The building consists of an efficient unit mix with 100% 2-Bed/1-Bath units totaling 11,744 rentable square feet. Approximately 1/3rd of the units have been upgraded with new flooring, appliances, and windows, while the remaining units provide significant upside for additional value-add renovations. Set on a 22,751 SF lot, its prime location in a robust rental market places residents just minutes from major employers such as Teslas' Fremont Factory and the broader Silicon Valley tech ecosystem. With direct connectivity via Highways 880/84, commuters benefit from quick access to job centers in Fremont, Palo Alto, and the Peninsula, while enjoying Newarks more affordable housing options. This investment combines stable in-place cash flow with strong future upside, supported by ongoing demand from Bay Area renters. The property offers investors a well-located, cash-flowing property in a core Bay Area market positioned at the intersection of strong tenant demand, exceptional connectivity, and major regional employment drivers.

Location

State CA

County Alameda

Area Newark

Zoning R-M-1500

Interior

Heating Wall Furnace

Cooling None

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-1010-055-01

Security Features Other

Special Listing Condition Not Applicable

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Nearby Schools and Businesses

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Forest Park Elementary

    Public | KG - 6

  • 9

    Parkmont Elementary

    Public | KG - 6

  • 8

    Ardenwood Elementary

    Public | KG - 6

  • 8

    Lincoln Elementary

    Public | KG - 6

  • 8

    Warwick Elementary

    Public | KG - 6

  • 8

    Azevada Elementary

    Public | KG - 6

  • 8

    Niles Elementary

    Public | KG - 6

  • 7

    Oliveira Elementary

    Public | KG - 6

  • 7

    Brookvale Elementary

    Public | KG - 6

  • 7

    Glenmoor Elementary

    Public | KG - 6

  • 7

    Maloney Elementary

    Public | KG - 6

  • 6

    John F. Kennedy Elementary

    Public | KG - 6

  • 6

    Patterson Elementary

    Public | KG - 6

  • 6

    Cabrillo Elementary

    Public | KG - 6

  • 6

    Birch Grove Intermediate

    Public | 3 - 6

  • 6

    Mattos Elementary

    Public | KG - 6

  • 6

    Brier Elementary

    Public | KG - 6

  • 5

    E. L. Musick Elementary

    Public | KG - 6

  • 5

    Circle of Independent Learning

    Public | KG - 12

  • 5

    Blacow Elementary

    Public | KG - 6

Middle Schools 4
  • 8

    Thornton Junior High

    Public | 7 - 8

  • 7

    Centerville Junior High

    Public | 7 - 8

  • 7

    Walters Junior High

    Public | 7 - 8

  • 0

    Newark Junior High School

    Public | 6 - 8

High Schools 7
  • 10

    American High School

    Public | 9 - 12

  • 8

    Washington High School

    Public | 9 - 12

  • 7

    Kennedy High School

    Public | 9 - 12

  • 0

    Bridgepoint High (Continuation)

    Public | 9 - 12

  • 0

    Newark Memorial High School

    Public | 9 - 12

  • 0

    Young Adult Program

    Public | 9 - 12

  • 0

    Mission Valley Rocp

    Public | 9 - 12

School and business data provided by Attom Data.
Eric Chu
Eric Chu

Agent | License ID: 02039805

+1(650) 922-7449 | eric@keyluxestates.com

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5424 Saint Mark AVE