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6417/6433 Thornton Ave Newark, CA 94560

For Sale
$3,480,000

Residential Lots & Land - Newark, CA

Lot size:
0.48 Acres
Days on Market:
11
Last Refresh:
Dec 5 at 11:06 am

Property Features for 6417/6433 Thornton Ave

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Zoning
RD-H
Exterior features
Fence
Fencing
Fenced
Lot size
0.48 Acres

Building Details

Architectural style
Other

KW MREMC Thrive, Inc. (408) 850-6900 [email protected]

Listing agent Adan Alva (408) 850-6900 License #02158312

Listing date Nov 25, 2025

MLS# ML82024594 Listing URL

Copyright © 2025 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Development Land in Newark's Old Town

This sale encompasses 6417 and 6433 Thornton Avenue in Newark's Old Town Specific Plan area, presenting 21,000 square feet of land suitable for development. The combined parcels have the potential to support over 100 residential units, benefiting from California's Density Bonus Law and streamlined city approvals. The site is eligible for state and local housing grants and low-interest financing for affordable or mixed-income projects. An adjacent 59-unit affordable housing development, funded by a $12 million city grant, demonstrates Newark's dedication to housing growth. The location is ideal for a transformative project in a supportive housing market. Seller financing is available, covering up to 50% at a 7.5% interest rate for a 5-year term. This flexible capital structure is suited for developers and value-add buyers, offering fast closing without bank approval, making it ideal for the entitlement phase, early-stage development, or land banking. The lot size is approximately 0.482 acres.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newark
County
Alameda
State
California
Longitude
-122.0335757
Latitude
37.5338667

FAQs

What type of property is this?
Land - 21,000 SF land suitable for high-density residential development.
Where is this land located?
The property is located at 6417/6433 Thornton Ave Newark, CA.
What is the asking price?
The asking price for this property is $3,480,000.
What are key features of this property?
This property features: - 21,000 SF of land in Newark's Old Town Specific Plan area ready for high-impact development.; - Potential to support 100+ residential units under California's Density Bonus Law with streamlined city approvals.; - Eligibility for $20M+ in state and local housing grants and low-interest financing.
More about this property
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