36976 Mulberry St, Newark

$3,795,000

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0 Bed
0 Bath
.34 Acre
0 Garage

Rarely available in this area, 11 units one of which is a commercial unit that can be converted to a living unit. Fantastic upside to this building, rents are month to month and can be updated now. This building is located in the heart of Newark and only minutes from the big tech companies across the Dumbarton Bridge. Building was updated inside recently. These don't come along that often. Great cap rate over 6%, call agent for more details. Seller has raised current rents to $23,300 monthly, see rent roll attached.

Essential Information

MLS® #
41039512
Price
$3,795,000
Bathrooms
0.00
Acres
0.34
Year Built
1964
Type
Residential Income
Sub-Type
Apartment
Status
Active

Community Information

Address
36976 Mulberry St
City
Newark
County
Alameda
Zip Code
94560
Senior Community
N

Amenities

Parking Spaces
13

Interior

Appliances
Dryer, Washer
Heating
Wall Furnace
Cooling
None

Exterior

Lot Description
Street Level
Roof
Tar/Gravel

Additional Information

Date Listed
September 18th, 2023
Days on Market
65

Listing Details

Agent
Dale Morris
Office
Valley Brokers on Main
Property History
Price Reduced from $3,878,000 to $3,795,000

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 1:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.