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$1,400,000
Est. payment /mo
0.43 Acres Lot
UPDATED:
10/25/2024 09:43 PM
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81982298
Lot Size 0.430 Acres
Property Description
Approved for 6 Single Family Homes - Discover a prime investment at 7843 Railroad Ave with site plans for a 6-Townhome Community that will prove beneficial for both your immediate financial goals and long-term vision. Situated on a rare 18,750 SqFt Large Lot, this property is zoned Residential Low Density (RL), allowing for up to 15 units per acre. Priced competitively at under $235,000 per unit, there's also the option to entitle 6 single-family homes. Conveniently located just a 12-minute drive from Meta Headquarters over the Dumbarton Bridge, this site is close to major employers and popular amenities, making it ideal for multiple rental properties, build to sell units, or to be used as a family compound. Buyer to verify current zoning/building requirements/restrictions with City of Newark building dept.
Location
State CA
County Alameda
Area Newark
Zoning RL - Residential Low Density
Exterior
Fence Other
Utilities Available Public Utilities
Present Use Residential,Vacant
Building
Lot Description Regular
Sewer Sewer - Public
Water Public
Others
Tax ID 092-0125-010
Horse Property No
Special Listing Condition Not Applicable
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Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates
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Doug Goss
Broker Associate | License ID: 01182111
Broker Associate License ID: 01182111