Newark, CA 94560,Address not disclosed
See all 7 photos
Newark, CA 94560,Address not disclosed
Newark, CA 94560,Address not disclosed
Newark, CA 94560,Address not disclosed
Newark, CA 94560,Address not disclosed

$5,400,000

Est. payment /mo

$5,680,000

4.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Address not disclosed Newark, CA 94560

0.61 Acres Lot

SOLD DATE : 10/18/2019

Key Details

Sold Price $5,400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81750224

Sold Date 10/18/19

HOA Y/N No

Year Built 1963

Annual Tax Amount $73,794

Lot Size 0.610 Acres

Property Description

Sycamore Street Apartments is a stunning, 16-unit townhouse style apartment community located at 36851 & 36857 Sycamore Street in Newark, California. Built in 1963, the subject property consists of 2 identical apartment buildings situated on 2 separate but contiguous parcels approximately 0.30 acres each and has a combined gross building area of approximately 14,946 SF. The Sycamore Street Apartments offer an outstanding unit mix consisting of (14) 2-bedroom/1.5-bath townhouse units and (2) 3-bedroom/1.5-bath townhouse units. Sycamore Street Apartments has recently undergone significant capital improvements. Exterior renovations include new paving, new roof on both buildings, replaced or repaired fencing around property, one turned unit, address and parking numbers, landscaping, modern paint and wood siding to bring the property up to date. As well as replaced sewer lateral on 36851 side. The asset is well positioned to add value through interior renovation.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning RL

Interior

Heating Wall Furnace

Fireplace No

Exterior

Carport Spaces 12

Roof Type Flat

Total Parking Spaces 5

Building

Water Public

Schools

School District Alameda City Unified

Others

Tax ID 92244

Financing Other

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Adam S. Levin • Marcus & Millichap
Bought with Chris Saiz • Marcus & Millichap

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.