Updated Duplex with Private
For Sale
$1,168,000
37258 Locust St, Newark, CA 94560
Residential Income, Newark, CA
Property Size1,400 SF
Lot Size0.14 Acres
Price / SF$834.29
Days on Market49
Property Features for 37258 Locust St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 4
Parking features
Garage
Appliances
Disposal, Gas Water Heater
Lot features
Level
Directions
Wells Ave to Locust St
Subdivision
Listing
Standard status
Active
APN
092013402000
Size
1,400 SF
Lot size
0.14 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Amenities
private yards
Building Details
Year built
1954
Number of units
2
Flooring type
Laminate, Tile
Building materials
Stucco
Listing Agency:
Keller Williams Realty
(925) 934-2900
Listed By:
Juan Luis Trabanino Mata
(650) 346-6021
Added: Sep 10
Changed: Oct 21
Last Checked: Oct 28 at 3:06AM
MLS# 41147901
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This duplex at 37258 and 37270 Locust St. contains 1,400 square feet of living space across two 700-square-foot units. Each unit includes two bedrooms, one bathroom, and a one-car garage. One unit has a recently updated bathroom, while tile and laminate flooring, wall furnaces, gas water heaters, and disposals are among the existing features.
The property occupies a 6,250-square-foot corner lot in Newark, with side access and private side and rear yard areas. Public water and public sewer serve the property. Tenants pay PG&E, water, and garbage expenses, and the tenancy is month to month. Constructed in 1954, the building has stucco exterior construction and garage parking for each unit.
The property occupies a 6,250-square-foot corner lot in Newark, with side access and private side and rear yard areas. Public water and public sewer serve the property. Tenants pay PG&E, water, and garbage expenses, and the tenancy is month to month. Constructed in 1954, the building has stucco exterior construction and garage parking for each unit.
Key Highlights
- Two‑unit duplex with 1,400 square feet of living space
- Each unit measures 700 square feet with 2 bedrooms and 1 bathroom
- 6,250‑square‑foot corner lot with side access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,991
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,820
$939.8K
Cap Rate 7%
$671,300
$671.3K
Cap Rate 9%
$522,122
$522.1K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$71.4K $51.00/SF
− Vacancy
−$4.3K −$3.05/SF
EGI
$67.1K $47.95/SF
− OpEx
−$20.1K −$14.39/SF
NOI
$47.0K $33.57/SF
Area
Alameda County, CA
Vacancy
5.98%
Lease Rate
$51.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$939,820
Cap Rate 7%
$671,300
Cap Rate 9%
$522,122
Alternative Uses
Best Use
Multifamily LT 5
$671.3K
$587.4K – $783.2K
NOI $46,991 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$289.7K
$253.5K – $338.0K
NOI $20,281 @ 7.0% cap · market cap 1.74%
Theoretical Best
Retail
$6.38M
$5.58M – $7.45M
NOI $446,777 @ 7.0% cap · market cap 38.25%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
792
Businesses Nearby
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Business Placement
Demographics for 94560, CA
47,533
Population
15,897
Households
3
Avg Household Size
37
Median Age
47%
College-Educated
90%
High-School Grad
20.1 sq mi
ZIP Area
2,365
Density / Sq Mi
$164,909
Median Household Income
$73,859
Median Earnings
$2,730
Median Rent
$1,094,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate outdoor areas, garages, and month-to-month tenancy.
Where is this duplex located?
The property is located at 37258 Locust St Newark, CA.
What is the asking price?
The asking price for this property is $1,168,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,400 square feet of living space; Each unit measures 700 square feet with 2 bedrooms and 1 bathroom; 6,250‑square‑foot corner lot with side access
