6433 Thornton Avenue, Newark, CA 94560
  • MLS#: ML82024594 ( )
  • Street Address: 6433 Thornton Avenue
  • Viewed: 3
  • Price: $3,880,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 2
  • Additional Information
  • County: ALAMEDA
  • City: Newark
  • Zipcode: 94560
  • Provided by: Keller Williams Thrive
  • Contact: Adan Adan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    This sale includes 6417 & 6433 Thornton Ave in Newarks Old Town Specific Plan area, offering 21,000 SF of land ready for high impact development. Together, the parcels can support 100+ residential units under Californias Density Bonus Law and qualify for streamlined city approvals. The site is also eligible for $20M+ in state and local housing grants and low interest financing for affordable or mixed income projects. Next door, a 59 unit affordable housing development is underway, funded by a $12M city grant, showcasing Newarks strong commitment to housing growth. Investors and developers are encouraged to take advantage of this rare opportunity to deliver a transformative project in one of the Bay Areas most supportive housing markets.
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Features
Current Use
  1. Residential
Fencing
  1. Wood
Lot Features
  1. Level
Parcel Number
  1. 092A091902102
Sewer
  1. Public Sewer
Water Source
  1. Public
Zoning
  1. RD-H