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$1,400,000
Est. payment /mo
0.43 Acres Lot
Active
7843 Railroad AVE Newark, CA 94560
UPDATED:
10/25/2024 09:56 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81982298
HOA Y/N No
Lot Size 0.430 Acres
Acres 0.4304
Property Description
Approved for 6 Single Family Homes - Discover a prime investment at 7843 Railroad Ave with site plans for a 6-Townhome Community that will prove beneficial for both your immediate financial goals and long-term vision. Situated on a rare 18,750 SqFt Large Lot, this property is zoned Residential Low Density (RL), allowing for up to 15 units per acre. Priced competitively at under $235,000 per unit, there's also the option to entitle 6 single-family homes. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, this site is close to major employers and popular amenities, making it ideal for multiple rental properties, build to sell units, or to be used as a family compound. Buyer to verify current zoning/building requirements/restrictions with City of Newark building dept.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RL - Residential Low Dens
Interior
Fireplace No
Exterior
View Y/N No
Present Use Residential
Building
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 0920125010
Special Listing Condition Standard
Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates