37054 Locust St Newark, CA 94560
Centrally-located triplex in Newark with upgraded units and amenities.
Lot size:
0.17 AcresProperty Features for 37054 Locust St
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1974
Source:
Elliman
Listing Agent: Lester Belliveau
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Newark Triplex Investment Opportunity
This centrally-located multifamily triplex is positioned on a desirable cul-de-sac within the Bay Area. The building encompasses approximately 3,000 square feet on a 7,500 square foot lot. The property consists of three residential units with a mix of two 2-bedroom, 1-bathroom units and one 3-bedroom, 1-bathroom unit, along with a coin-operated laundry facility. All units have upgrades including laminate flooring, updated bathrooms, and remodeled kitchens with custom shaker-style cabinets, subway tile backsplash, and stainless steel appliances including gas stoves. Recent improvements include a concrete driveway and patio installed in March 2022, and central heating and air conditioning installed in July 2023 with a 10-year warranty. Parking consists of a 3-car garage and two additional parking spaces. The property is in close proximity to Dumbarton Bridge, the 880 freeway, the ACE commuter train, and Silicon Valley shuttle stops. Nearby are the Don Edwards National Wildlife Refuge, Coyote Hills, and Ardenwood Historic Farm, as well as local schools and eateries. This triplex investment property in Newark, California, offers rental income in the Silicon Valley market.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Alameda
- State
- California
- Longitude
- -122.0424038
- Latitude
- 37.52751
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FAQs
What type of property is this?
Triplex - Centrally-located triplex in Newark with upgraded units and amenities.
Where is this triplex located?
The property is located at 37054 Locust St Newark, CA.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: - Strong rental income potential in the desirable Silicon Valley/Bay Area market.; - Recent upgrades including central heating and air conditioning (installed July 2023 with 10-year warranty), updated bathrooms, remodeled kitchens with stainless steel appliances, and durable laminate flooring.; - Three residential units with a marketable mix of 2BD/1BA (x2) and 3BD/1BA.
