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$4,850,000
New Listing

5464 Saint Mark Avenue
Newark, CA 94560

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
11,600
SqFt
$418
/SqFt
1960
Built
County:
Alameda
Listed by David Katz of Magnify Real Estate [email protected]
Upcoming Open Houses
Wed, Sep 30, 11:00 AM - 1:00 PM
5464 Saint Mark Avenue5464 Saint Mark Avenue5464 Saint Mark Avenue5464 Saint Mark Avenue
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Magnify is pleased to present 5464 Saint Mark Avenue, a 16-unit multifamily investment opportunity situated on a prominent corner parcel in Newark, immediately adjacent to Fremont. The property features an all 2BD/1BA unit mix totaling 11,600 SF on a large 0.57-acre lot, with significant rental upside through interior renovations and unit turnover. Shovel-ready plans and approved building permits to build four ADUs create a clear path to additional income and value. Additional highlights include dual-pane windows and individual water meters, allowing ownership to pass water costs through to tenants and providing protection from rising water expenses. Further upside exists through improved hands-on management, reduced management fees, and lower overhead expenses. Located within 1 mile of Fremont and approximately 10 minutes from Downtown Fremont, the property offers excellent connectivity throughout the greater East Bay and Peninsula, with convenient access to the I-84/Dumbarton Bridge, I-880, and the Tesla Factory only 15 minutes away. With a desirable unit mix, strong submarket, corner-lot positioning, and multiple avenues for NOI growth, 5464 Saint Mark Avenue presents an attractive opportunity for investors seeking current income and long-term value creation.

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Listing Snapshot
Price 
$4,850,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,600 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.5709 Acres
Year Built 
1960
MLS® Number 
ML82062259
Status 
Active
Property Tax 
$64,900
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS®
14 hours agoListing first seen on site
General Features
Acres 
0.5709
Carport 
16
Special Circumstances 
Standard
SqFt Total 
11600
Water Source 
Public
Zoning 
RM
Interior Features
Cooling 
None
Heating 
Wall Furnace
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Exterior Features
Roof 
FlatTar/Gravel
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The 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.

Neighborhood & Commute
Source: Walkscore
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