Six-Unit Multifamily
6537 Graham Ave Newark, CA 94560
6537 Graham Ave, Newark, CA, 94560
$1,699,000
Pending
For Sale
$1,699,000
Pending
Fully occupied six-unit property with six two-bedroom, one-bath units totaling about 4,392 square feet.
Property Size4,392 SF
Days on Market28
Property Features for 6537 Graham Ave
General Information
- Standard status
- Pending
- Size
- 4,392 SF
Listing agency
Elevate Group
(650) 388-0108
Listed by
Jim Holt
(650) 388-0108
Source
Exprealty
Added: Jun 24 Updated: Jul 20 at 9:12PM Checked: Jul 20 at 9:12PM
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 Elevate Group
Investment Insights
Based on property information with market context.
This six-unit multifamily building is offered for sale as a trustee sale and is described as fully occupied. The property consists of six two-bedroom, one-bath units and totals approximately 4,392 square feet.
The seller notes limited historical records and that current leases and expense figures are not fully available. Any financial figures referenced are based on pro forma assumptions only, and the physical condition of the property is unknown. The property is sold strictly as-is, and buyers should independently verify all information.
Located near major commuter routes, Dumbarton Bridge, and major employment centers including Meta and Tesla, the building is positioned to serve tenant demand tied to nearby job growth and regional access.
The seller notes limited historical records and that current leases and expense figures are not fully available. Any financial figures referenced are based on pro forma assumptions only, and the physical condition of the property is unknown. The property is sold strictly as-is, and buyers should independently verify all information.
Located near major commuter routes, Dumbarton Bridge, and major employment centers including Meta and Tesla, the building is positioned to serve tenant demand tied to nearby job growth and regional access.
Key Highlights
- Fully occupied six‑unit multifamily in Newark with six 2‑bedroom, 1‑bath units
- Total building area of approximately 4,392 square feet (six units combined)
- Seller has limited historical records; current leases, expense figures, and operations documentation are not fully available
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.8k | $27.96 |
| − Vacancy | −$7.1k | −$1.62 |
| EGI | $115.7k | $26.34 |
| − OpEx | −$52.1k | −$11.85 |
| NOI | $63.6k | $14.49 |
4,392 SF · lease $27.96/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$908.9K
$795.3K – $1.06M
NOI $63,623 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$20.02M
$17.52M – $23.36M
NOI $1,401,604 @ 7.0% cap · market cap 82.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully occupied six-unit property with six two-bedroom, one-bath units totaling about 4,392 square feet.
Where is this apartment building located?
The property is located at 6537 Graham Ave Newark, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Fully occupied six‑unit multifamily in Newark with six 2‑bedroom, 1‑bath units; Total building area of approximately 4,392 square feet (six units combined); Seller has limited historical records; current leases, expense figures, and operations documentation are not fully available
