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… Read More 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. Read Less
Courtesy of Magnify Real Estate, Eric Katz 408-317-0187
Listing Snapshot
Days Online
0
Last Updated
Property Type
Five Or More Units
Square Ft.
11,744
Lot Size
0.45 Acres
Year Built
1960
MLS Number
ML82017346
30 Days Snapshot Of 94560
$1.63M
+45%
(avg) sold price
9
-40%
homes sold
13
-65%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 19650.00, Max Area Units: Square Feet, Lot is 0.45110192837466 acres
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