5366 St Mark Ave - Apartments FOR SALE


Newark, CA 94560
$5,400,000 USD
408-438-0969
5366 St Mark Ave, Newark, CA for Sale
$5,400,000 USD
Apartments - FOR SALE
1/19
null | 5.4% Cap Rate

5366 St Mark Ave
Newark, CA 94560


HIGHLIGHTS

  • Strong Cash Flow: Rare 16-unit investment with great current income and proven upside
  • High-Demand Unit Mix: All spacious 2-bed, 1-bath units, ideal for long-term tenants and efficient management
  • Built-In Upside: Unlock value through interior upgrades or strategic enhancements to boost rents and equity
  • Strategic Bay Area Location: Close proximity to the Silicon Valley, Fremont, and major highways
  • Thriving East Bay Submarket: Newark is a growing community near major tech employers, which drives sustained demand and long-term appreciation

OVERVIEW

Magnify is pleased to present 5366 Saint Mark Ave, a rare opportunity to acquire a cash-flowing 16-unit multifamily asset in Newark, CA. The property features an ideal unit mix with all 2-bedroom, 1-bath units, offering strong tenant appeal and efficient operations. The building totals 11,744 square feet and sits on a 19,650 SF lot, providing both functional design and potential for future enhancements. With stable cash flow, low historical vacancy, and clear upside through interior renovations or value-add improvements, this asset is well-positioned for investors seeking both immediate income and long-term growth. Strategically located in a thriving East Bay submarket, Newark offers direct access to Highways 880 and 84, providing seamless connectivity to the Silicon Valley, Fremont, and the Peninsula. The city continues to benefit from major commercial development, logistics expansion, and proximity to high-paying tech employment centers. Tenants enjoy nearby amenities including Newpark Mall, the Don Edwards Wildlife Refuge, and multiple local parks, enhancing overall livability and demand. With strong market fundamentals and robust investor interest, 5366 Saint Mark Avenue represents a compelling opportunity to acquire a unique asset in a core part of the Bay Area.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$460 USD /SF

# OF UNITS

16

PRICE/UNIT

$337,500

CAP RATE

5.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,650 SF

ZONING

R-M

APN/PARCEL ID

092A-1010-058-04

ASK ABOUT THIS PROPERTY

Eric KatzMagnifyMore Info
408-438-0969

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Eric KatzMagnifyMore Info
408-438-0969

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