Active

36976 Mulberry St

Newark CA, 94560

$3,795,000


$516.75 per sqft

Active

7,344 sqft

Commercial

Built in 1964

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


Floor Description

Engineered Wood


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.34 Acres


Lot Features

Level


Sewer

Public Sewer

Other Property Details

Area Name

Newark


Garage

No


Parking

Covered


View

No


County

Alameda


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listed by Dale Morris with Valley Brokers on Main
Listing Contact: 925-876-5777 

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