Keller Williams Silicon Valley - MARGARET APPLE
1/16
Listing Courtesy Of: KW Bay Area Estates, 415-347-1658, Stephen Thaddeus Wawryk
Local Realty Services Provided By: KW Advisors
Overview
What It'll Cost
Neighborhood
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$1,400,000
7843 Railroad Avenue, Newark, CA 94560
.43 ac
$1,400,000

7843 Railroad Avenue, Newark, CA 94560

Estimation provided by Keller Williams Realty Inc.
.43 ac
Active
For Sale

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.

Property Details

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Overview
Property Type
Residential Development Land
Days on Site
176 Days
Parking
No
Margaret Apple | Real Estate Salesperson | Keller Williams Silicon Valley
Keller Williams Silicon Valley
DRE # 01199883

Activity History

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0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
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Purchase Price: $1,400,000
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Price & Tax History

Date
Event
Price
10/01/2024
Listed
$1,400,000
(+700%)
$3,255,814/ac
05/03/2001
Sold
$175,000
$406,977/ac
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$3,610
(+14.57%)
$248,472
Land 253,440
2021
$3,151
(+4.65%)
$248,472
Land 248,472
2019
$3,011
(-1.3%)
$241,102
Land 241,102
2018
$3,050
(+0.31%)
$236,376
Land 236,376
2016
$3,041
$227,199
Land 227,199
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Margaret Apple | Real Estate Salesperson | Keller Williams Silicon Valley
Keller Williams Silicon Valley
DRE # 01199883

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