$3,880,000

6433 Thornton Avenue, Newark, CA 94560

  • 20,995 sqft
  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.48acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $185/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

This sale includes 6417 & 6433 Thornton Ave in Newarks Old Town Specific Plan area, offering 21,000 SF of land ready for high-impact development. Together, the parcels can support 100+ residential units under Californias Density Bonus Law and qualify for streamlined city approvals. The site is also eligible for $20M+ in state and local housing grants and low-interest financing for affordable or mixed-income projects. Next door, a 59-unit affordable housing development is underway, funded by a $12M city grant, showcasing Newarks strong commitment to housing growth. Investors and developers are encouraged to take advantage of this rare opportunity to deliver a transformative project in one of the Bay Areas most supportive housing markets.

Listing Status:
Active
Date Added:
October 12, 2025 at 05:00AM
Listing Office:
Keller Williams Thrive : 408-850-6900
Listing Agent:
Adan Alva : 408-903-8112
MLS ID:
ML82024594
  • School District: Newark (510) 794-2141
  • County: Alameda
  • Zoning: RD-H092A091902102
  • Fencing: Fenced

This listing courtesy of Adan Alva, Keller Williams Thrive

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

James Graham Elementary

36270 Cherry St, Newark, CA, 94560

Grades KG-6

0.59 miles away

N

Newark Junior High School

6201 Lafayette Ave, Newark, CA, 94560

Grades 7-8

0.67 miles away

C

Crossroads High (Alternative)

35753 Cedar Blvd, Newark, CA, 94560

Grades KG-12

0.93 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.