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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

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    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.
    (408) 850-6900
    Request Owner's contact information
    6417/6433 Thornton Ave Newark, CA 94560
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    Newark, CA 94560
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6417/6433 Thornton Ave Newark, CA 94560
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