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    37051 Walnut St Newark, CA 94560

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    For Sale
    $1,498,000

    Well-maintained triplex in Newark with long-term tenants and garages.

    Lot size:
    0.17 Acres

    Property Features for 37051 Walnut St

    General Information

    Lot size
    0.17 Acres

    Building Details

    Year built
    1990

    Source: Coldwell Banker Realty Agent Brooke Crossland

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newark Triplex with Garage Parking

    This triplex in Newark presents an investment opportunity with long-term tenants. Each unit is well-maintained. Unit A features 2 bedrooms, 1 bath, and a 1-car garage. Units B and C each offer 2 bedrooms, 1 bath, and 2-car garages. Each unit includes washer and dryer hookups and a private patio space. Tenants are responsible for PG&E and garbage expenses. The property is located in close proximity to major shopping centers, Starbucks, restaurants, and Coyote Hills Regional Park. It is also situated minutes away from HWY 880, HWY 84/Dumbarton Bridge, Tesla, Meta/Facebook, and Silicon Valley.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Alameda
    State
    California
    Longitude
    -122.0444123
    Latitude
    37.5269879

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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex in Newark with long-term tenants and garages.
    Where is this triplex located?
    The property is located at 37051 Walnut St Newark, CA.
    What is the asking price?
    The asking price for this property is $1,498,000.
    What are key features of this property?
    This property features: - Triplex in Newark location offers a prime investment opportunity.; - Each unit is a 2-bedroom, 1-bath configuration.; - Units B and C include a 2-car garage, while Unit A has a 1-car garage.
    (888) 850-7545
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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
    37051 Walnut St Newark, CA 94560
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