36952 Mulberry St - Residential LAND FOR SALE


Newark, CA 94560 19,998 SF
$2,000,000 USD
650-208-5282
36952 Mulberry St, Newark, CA for Sale
$2,000,000 USD
Residential LAND - FOR SALE
1/4
19,998 SF

36952 Mulberry St
Newark, CA 94560


HIGHLIGHTS

  • Approved tentative vesting map for eight duet-style condominiums
  • Mix of 3 bedroom / 2.5 bathroom and 4 bedroom / 3 bathroom homes
  • All market-rate units; no inclusionary housing requirement
  • Ten minutes’ drive to Costco, Safeway, Sprouts Farmers Market, 99 Ranch, Grocery Outlet, and dozens of restaurants and services
  • Short commute to major East Bay and Silicon Valley employment centers

OVERVIEW

36952 Mulberry Street is an approximately 0.46-acre redevelopment site that is approved for eight residential units. The project includes three-bedroom and four-bedroom duet-style units. There is no inclusionary housing requirement for the development; all units can be sold at market rates. Three-bedroom units feature two and one-half bathrooms and measure approximately 1,140 square feet. Four-bedroom units have three full bathrooms, with residences totaling between 2,150 square feet and 2,121 square feet. All homes have attached two-car garages and either a patio or balcony. The design of the project as duets is attractive to buyers, as residences have only one common wall. Additionally, the project is laid out with abundant open space and landscaping. There are four guest parking spaces on site. The subject property is less than ten minutes’ drive to several major shopping centers. Costco, Safeway, Sprouts Farmers Market, Grocery Outlet, 99 Ranch, and Lion Market are all nearby. Additionally, there are dozens of restaurants, shops, and service businesses in the neighborhood. Newark is part of the extended Silicon Valley region and major employers in the region are in the high tech sector, including manufacturing. Tesla, Lucid Motors, LAM Research, Quanta Computers, Synnex Corporation, Western Digital, WorldPac, Amazon, KNT Manufacturing, Smart Modular Technologies, and Seagate Technology all have large facilities nearby.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/ACRE

$4,355,998/AC

PRICE/SF

$100 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units - Condo, Single Family Development

LAND ACRES

0.46 AC

LAND SF

20,000 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RM-OT

APN/PARCEL ID

092-0029-021-00,092-0029-022-00

ASK ABOUT THIS PROPERTY

Joshua JohnsonMarcus & MillichapMore Info
650-208-5282

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Joshua JohnsonMarcus & MillichapMore Info
650-208-5282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.