16-Unit Apartment
5464 Saint Mark AVE, Newark, CA 94560
For Sale
$4,750,000
Plans and approved permits are in place for four additional ADUs.
Property Size11,600 SF
Lot Size0.57 Acres
Price / SF$409.48
Days on Market54
Property Features for 5464 Saint Mark AVE
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Amenities
dual-pane windows
individual water meters
Building Details
Building Size
Year Built
Listing Agency:
Magnify Real Estate
Listed By:
David Katz · License CA #01971921
(408) 438-0585
Source:
Lynnnorth
Added: Sep 22
Changed: Nov 7
Last Checked: Nov 12 at 5:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Magnify Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1960, this 16-unit apartment property has 11,600 square feet on a 0.57-acre parcel. Each residence has two bedrooms and one bathroom. Existing features include dual-pane windows and individual water meters. Plans and approved permits cover construction of four ADUs.
The property is in Newark, adjacent to Fremont. Downtown Fremont is approximately 10 minutes away, and the Tesla Factory is about 15 minutes away. Access to the I-84/Dumbarton Bridge and I-880 is available nearby.
The property is in Newark, adjacent to Fremont. Downtown Fremont is approximately 10 minutes away, and the Tesla Factory is about 15 minutes away. Access to the I-84/Dumbarton Bridge and I-880 is available nearby.
Key Highlights
- 16 apartments, each with two bedrooms and one bathroom
- 11,600 square feet on a 0.57‑acre parcel
- Plans and approved permits for four ADUs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$168,038
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,360,760
$3.4M
Cap Rate 7%
$2,400,543
$2.4M
Cap Rate 9%
$1,867,089
$1.9M
Market Conditions
NOI Build-Up for 11,600 SF
Gross rent
$324.3K $27.96/SF
− Vacancy
−$18.8K −$1.62/SF
EGI
$305.5K $26.34/SF
− OpEx
−$137.5K −$11.85/SF
NOI
$168.0K $14.49/SF
Area
Alameda County, CA
Vacancy
5.80%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,360,760
Cap Rate 7%
$2,400,543
Cap Rate 9%
$1,867,089
Alternative Uses
Best Use
Apartment 5plus
$2.40M
$2.10M – $2.80M
NOI $168,038 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$5.56M
$4.87M – $6.49M
NOI $389,356 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
16
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
Explore this area
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
$1,094,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Alameda County, CA
Properties on Market for Apartment buildings in Alameda County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Plans and approved permits are in place for four additional ADUs.
Where is this apartment building located?
The property is located at 5464 Saint Mark AVE Newark, CA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 16 apartments, each with two bedrooms and one bathroom; 11,600 square feet on a 0.57‑acre parcel; Plans and approved permits for four ADUs
