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5424 Saint Mark Ave, Unit NEWARK Newark, CA 94560

For Sale
$5,288,000

16-unit apartment building near Fremont with value-add potential.

Property size:
11,744 SF

Property Features for 5424 Saint Mark Ave

General Information

Standard status
Active
Size
11,744 SF

Building Details

Year built
1960

Source: MAGNIFY REAL ESTATE Agent ERIC KATZ

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


Overview

Newark Multifamily Investment Opportunity

Located in Newark, CA, at the border of Fremont, 5424 Saint Mark Avenue presents a 16-unit investment opportunity. Constructed in 1960, this multifamily property offers access to the East Bay's employment corridor. The building comprises all 2-Bed/1-Bath units, totaling 11,744 rentable square feet. Approximately one-third of the units have been upgraded with new flooring, appliances, and windows. The remaining units offer potential for value-add renovations. Situated on a 22,751 square foot lot, the location provides residents with proximity to employers such as Tesla's Fremont Factory and Silicon Valley's tech ecosystem. Highways 880 and 84 provide connectivity to job centers in Fremont, Palo Alto, and the Peninsula. This property offers in-place cash flow with future upside, supported by demand from Bay Area renters. The property is positioned at the intersection of tenant demand, connectivity, and regional employment drivers.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Newark
County
Alameda
State
California
Longitude
-122.0219871
Latitude
37.5412466

FAQs

What type of property is this?
Apartment building - 16-unit apartment building near Fremont with value-add potential.
Where is this apartment building located?
The property is located at 5424 Saint Mark Ave, Unit NEWARK Newark, CA.
What is the asking price?
The asking price for this property is $5,288,000.
What are key features of this property?
This property features: - Prime location near major employers like Tesla's Fremont Factory and Silicon Valley tech companies.; - Strong rental market with high tenant demand and future upside potential through value-add renovations.; - Excellent connectivity to Fremont, Palo Alto, and the Peninsula via Highways 880/84.
More about this property
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