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Listed by Stephen Thaddeus Wawryk • KW Bay Area Estates
$ 1,400,000
Est. payment | /mo
18,750 SqFt
$ 1,400,000
Est. payment | /mo
18,750 SqFt
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 18,750 sqft
Price per Sqft $74
MLS Listing ID ML81982298
HOA Y/N No
Originating Board Datashare MLSListings
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
Interior
Fireplace No
Building
Lot Description Regular
Water Public
Schools
School District Newark (510) 794-2141, Newark (510) 794-2141
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Paul LeJoy
Broker-Owner | Lic# 01467744