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Yuri Lavrentiev

yuri@compass.com +1(669) 285-9514

Listed by Eric Katz • Magnify Real Estate

$ 5,400,000

Est. payment | -/mo

2 Beds

1 Bath

11,744 SqFt

Save

$ 5,400,000

Est. payment | -/mo

Save

2 Beds

1 Bath

11,744 SqFt

OPEN HOUSE

Wed Aug 13, 11:00am - 1:00pm

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,744 sqft

Price per Sqft $459

MLS Listing ID ML82017346

Bedrooms 2

Full Baths 1

Year Built 1960

Lot Size 0.451 Acres

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

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.

Location

State CA

County Alameda

Area Newark

Zoning R-M

Interior

Heating Wall Furnace

Cooling Ceiling Fan

Exterior

Parking Features Carport

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Tar and Gravel

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Individual Water Meter, Public

Others

Tax ID 092A-1010-058-04

Special Listing Condition Not Applicable

GET MORE INFORMATION

Yuri Lavrentiev

REALTOR® | Lic# CA DRE #02103193

yuri@compass.com

+1(669) 285-9514

1133 Minnesota Ave, San Jose, CA, 95125, USA

5366 Saint Mark AVE Newark, CA 94560

Yuri Lavrentiev

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Others

5366 Saint Mark AVE