This is 1 of 3 parcels being sold together. APN#092-0061-012-02 (15,750sf), 092-0061-012-01 (6,000sf), & 092-0061-011 (18748sf) total of 40,498 sf. Parcels represent a unique opportunity to invest in the path of progress adjacent to Dumbarton Rail Corridor & 400K jobs within Â½ hour commute: Facebook (9m), Amazon (1.8 m) and Logitech (2.5 m). Zoned Medium Density Residential, but per City of Newark planning, they want to see single family homes. City is in progress of adopting a revision that would allow 3000 sf lot size SFR with 40â wide lot and 2 car garage. Based on this updated code, 13 PUD or SFR style homes could be put in place. Currently there are 6 structures on the property â 5 occupied by month to month tenants w/monthly income $6450. Property also listed under Lots & Land (MLS 40799391) PLEASE do not disturb tenants or walk on property without appointment. Further details available by request.
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Housing Units & Financial Information
Net Operating Income:
Attached Garage, Off Site Parking
Sewer System - Public, Water - Public
Additional Property Details
Lot Square Footage: