$5,088,000

5424 Saint Mark Avenue, Newark, CA 94560

  • 11,744 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $433/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Magnify is pleased to present 5424 Saint Mark Avenue, a 16-unit investment opportunity located in Newark, CA. Built in 1960 and located at the border of Fremont, this property offers immediate access to one of the strongest employment corridors in the East Bay. The building consists of an efficient unit mix with 100% 2-Bed/1-Bath units totaling 11,744 rentable square feet. Approximately 1/3rd of the units have been upgraded with new flooring, appliances, and windows, while the remaining units provide significant upside for additional value-add renovations. Set on a 22,751 SF lot, its prime location in a robust rental market places residents just minutes from major employers such as Teslas' Fremont Factory and the broader Silicon Valley tech ecosystem. With direct connectivity via Highways 880/84, commuters benefit from quick access to job centers in Fremont, Palo Alto, and the Peninsula, while enjoying Newarks more affordable housing options. This investment combines stable in-place cash flow with strong future upside, supported by ongoing demand from Bay Area renters. The property offers investors a well-located, cash-flowing property in a core Bay Area market positioned at the intersection of strong tenant demand, exceptional connectivity, and major regional employment drivers.

Listing Status:
Active
Date Added:
August 26, 2025 at 05:00AM
Listing Office:
Magnify Real Estate : (877) 776-7718
Listing Agent:
Eric Katz : 408-317-0187
MLS ID:
ML82019251
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Parking spaces: 0
  • Roofing: Tar/Gravel
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_MLSL
  • School District: Other
  • County: Alameda
  • Zoning: R-M-1500092A101005501
  • Water: Public
  • Source: CRMLS_MLSL

This listing courtesy of Eric Katz, Magnify Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Birch Grove Intermediate

37490 Birch St, Newark, CA, 94560

Grades 3-6

0.46 miles away

C

Crossroads High (Alternative)

35753 Cedar Blvd, Newark, CA, 94560

Grades KG-12

0.88 miles away

C

Crossroads High (Alternative)

35753 Cedar Blvd, Newark, CA, 94560

Grades KG-12

0.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

5366 Saint Mark Avenue, Newark, CA 94560
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$5,400,000

  • 11,744 sqft |
  • 0.45 acre lot
5366 Saint Mark Avenue Newark, CA 94560

#ML82017346 - Magnify Real Estate