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Listed by: Adan Alva (408) 903-8112 DRE #02158312, Tiffany Meng DRE #02128961 | Keller Williams Thrive (408) 850-6900
$3,480,000
-- Bed
- -- Bath
20,995.92sqft lot
6433 Thornton Ave, Newark, CA 94560
$3,480,000
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Land
Built in -
$-- HOA
20,995.92 sqft lot
$166/sq.ft
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 transformat...
Continue ReadingProperty Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
20,995.92 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
ML82024594
MLS Status
Active
Days on Market
55
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