Newark, CA 94560
$4,850,000
Bed
0
Bath
0
Living Space
11,600 SqFt
Year Built
1960
Lot Size
0.57 Acres
Days
8
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.
Listing provided courtesy ofDavid Katz License 01971921 Magnify Real Estate, Eric Katz License 01900078 Magnify Real Estate
Data provided by MLSListings Inc.
Thu, Oct 8
11:00 AM – 1:00 PM
John F. Kennedy Elementary School is assigned to this address. No GreatSchools rating is available for this school. Newark Memorial High School is assigned to this address. No GreatSchools rating is available for this school. Newark Middle School is assigned to this address. No GreatSchools rating is available for this school. School District: Newark Unified School District
Within a 1-2 mile radius of Saint Mark, Newark, CA, 94560, several parks offer recreational opportunities. These include Mirabeau Park, which features play structures for various age groups, and Byington Park, offering play structures and picnic facilities. Civic Center Park provides play structures, a basketball court, and a par course, while Mayhews Landing Park includes play structures and a basketball court. NewBark Dog Park is available for canine companions, and Mel Nunes Sportsfield Park offers skate, soccer, and softball facilities. Birch Grove Park has play structures, a softball field, and basketball courts. Community Center Park boasts play structures, tennis courts, and picnic areas. Jerry Raber Ash Street Park includes play structures, softball fields, and a basketball court. Lakeshore Park offers turf areas and fishing opportunities. MacGregor Playfields provides sports fields, and Shirley Sisk Grove and Eucalyptus Grove North are also noted green spaces. Bayshores Park is a neighborhood park with walking paths and amenities.
The area around Saint Mark in Newark, CA, is primarily residential, with a mix of single-family homes and apartments. Local businesses include a variety of dining options, such as Jack's Restaurant & Bar, known for American comfort food and Mediterranean influences, and Isla Restaurant, offering Filipino cuisine. Lazy Dog Restaurant & Bar provides a broad menu in a lodge-style setting. The community is served by the Newark Chamber of Commerce, which supports local businesses and events.
Newark has an average Walk Score of 57, indicating that some errands can be accomplished on foot. The city has some public transportation options, with AC Transit operating bus routes that connect to neighboring cities and BART stations. While Newark does not have its own BART station, residents commonly use nearby stations in Fremont or Union City for rail service to destinations like Oakland and San Francisco. The Walk Score for this specific address is not available, and therefore the Transit Score is also not available.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
John F. Kennedy Elementary School is assigned to this address. No GreatSchools rating is available for this school. Newark Memorial High School is assigned to this address. No GreatSchools rating is available for this school. Newark Middle School is assigned to this address. No GreatSchools rating is available for this school. School District: Newark Unified School District
Within a 1-2 mile radius of Saint Mark, Newark, CA, 94560, several parks offer recreational opportunities. These include Mirabeau Park, which features play structures for various age groups, and Byington Park, offering play structures and picnic facilities. Civic Center Park provides play structures, a basketball court, and a par course, while Mayhews Landing Park includes play structures and a basketball court. NewBark Dog Park is available for canine companions, and Mel Nunes Sportsfield Park offers skate, soccer, and softball facilities. Birch Grove Park has play structures, a softball field, and basketball courts. Community Center Park boasts play structures, tennis courts, and picnic areas. Jerry Raber Ash Street Park includes play structures, softball fields, and a basketball court. Lakeshore Park offers turf areas and fishing opportunities. MacGregor Playfields provides sports fields, and Shirley Sisk Grove and Eucalyptus Grove North are also noted green spaces. Bayshores Park is a neighborhood park with walking paths and amenities.
The area around Saint Mark in Newark, CA, is primarily residential, with a mix of single-family homes and apartments. Local businesses include a variety of dining options, such as Jack's Restaurant & Bar, known for American comfort food and Mediterranean influences, and Isla Restaurant, offering Filipino cuisine. Lazy Dog Restaurant & Bar provides a broad menu in a lodge-style setting. The community is served by the Newark Chamber of Commerce, which supports local businesses and events.
Newark has an average Walk Score of 57, indicating that some errands can be accomplished on foot. The city has some public transportation options, with AC Transit operating bus routes that connect to neighboring cities and BART stations. While Newark does not have its own BART station, residents commonly use nearby stations in Fremont or Union City for rail service to destinations like Oakland and San Francisco. The Walk Score for this specific address is not available, and therefore the Transit Score is also not available.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
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