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36952 Mulberry St 20,000 Acres of Residential Land Offered at $2,790,200 CAD in Newark, CA 94560
Investment Highlights
- Approved tentative vesting map for eight duet-style condominiums
- All market-rate units; no inclusionary housing requirement
- Short commute to major East Bay and Silicon Valley employment centers
- Mix of 3 bedroom / 2.5 bathroom and 4 bedroom / 3 bathroom homes
- Ten minutes’ drive to Costco, Safeway, Sprouts Farmers Market, 99 Ranch, Grocery Outlet, and dozens of restaurants and services
Executive Summary
36952 Mulberry Street is an approximately 0.46-acre redevelopment site that is approved for eight residential units. The project includes three-bedroom and four-bedroom duet-style units. There is no inclusionary housing requirement for the development; all units can be sold at market rates.
Three-bedroom units feature two and one-half bathrooms and measure approximately 1,140 square feet. Four-bedroom units have three full bathrooms, with residences totaling between 2,150 square feet and 2,121 square feet. All homes have attached two-car garages and either a patio or balcony. The design of the project as duets is attractive to buyers, as residences have only one common wall. Additionally, the project is laid out with abundant open space and landscaping. There are four guest parking spaces on site.
The subject property is less than ten minutes’ drive to several major shopping centers. Costco, Safeway, Sprouts Farmers Market, Grocery Outlet, 99 Ranch, and Lion Market are all nearby. Additionally, there are dozens of restaurants, shops, and service businesses in the neighborhood. Newark is part of the extended Silicon Valley region and major employers in the region are in the high tech sector, including manufacturing. Tesla, Lucid Motors, LAM Research, Quanta Computers, Synnex Corporation, Western Digital, WorldPac, Amazon, KNT Manufacturing, Smart Modular Technologies, and Seagate Technology all have large facilities nearby.
Three-bedroom units feature two and one-half bathrooms and measure approximately 1,140 square feet. Four-bedroom units have three full bathrooms, with residences totaling between 2,150 square feet and 2,121 square feet. All homes have attached two-car garages and either a patio or balcony. The design of the project as duets is attractive to buyers, as residences have only one common wall. Additionally, the project is laid out with abundant open space and landscaping. There are four guest parking spaces on site.
The subject property is less than ten minutes’ drive to several major shopping centers. Costco, Safeway, Sprouts Farmers Market, Grocery Outlet, 99 Ranch, and Lion Market are all nearby. Additionally, there are dozens of restaurants, shops, and service businesses in the neighborhood. Newark is part of the extended Silicon Valley region and major employers in the region are in the high tech sector, including manufacturing. Tesla, Lucid Motors, LAM Research, Quanta Computers, Synnex Corporation, Western Digital, WorldPac, Amazon, KNT Manufacturing, Smart Modular Technologies, and Seagate Technology all have large facilities nearby.
Property Facts
1 Lot Available
Lot
| Price | $2,790,200 CAD | Lot Size | 20,000.00 AC |
| Price Per AC | $139.51 CAD |
| Price | $2,790,200 CAD |
| Price Per AC | $139.51 CAD |
| Lot Size | 20,000.00 AC |
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $555,766 CAD | |
| Land Assessment | $962,223 CAD | Total Assessment | $1,517,989 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$962,223 CAD
Improvements Assessment
$555,766 CAD
Total Assessment
$1,517,989 CAD
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36952 Mulberry St
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