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Listed by Dale Morris • Valley Brokers on Main
$ 3,795,000
Est. payment /mo
Active
36976 Mulberry St Newark, CA 94560
7,344 SqFt
UPDATED:
05/02/2024 03:38 PM
Key Details
Property Type Commercial
Sub Type Apt Complex
Listing Status Active
Purchase Type For Sale
Square Footage 7,344 sqft
Price per Sqft $516
MLS Listing ID 41039512
HOA Y/N No
Originating Board BAY EAST
Year Built 1964
Lot Size 0.336 Acres
Property Description
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.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Engineered Wood
Fireplace No
Appliance Dryer, Washer
Exterior
Parking Type Covered
Building
Lot Description Level
Water Public
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