$5,400,000
$5,680,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Newark, CA 94560
14,946 SqFt
Key Details
Sold Price $5,400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 14,946 sqft
Price per Sqft $361
MLS Listing ID ML81750284
Sold Date 10/18/19
HOA Y/N No
Year Built 1963
Annual Tax Amount $73,794
Lot Size 0.620 Acres
Property Description
Levin Johnston Commercial Real Estate Advisors have been selected to exclusively market for sale Sycamore Street Apartments, a stunning, 16-unit townhouse style apartment community located at 36851 & 36857 Sycamore Street in Newark, California. Built in 1963, the subject property consists of two identical apartment buildings situated on two separate but contiguous parcels approximately 0.30 acres each and has a combined gross building area of approximately 14,946 square feet. Sycamore Street Apartments offer an outstanding unit mix consisting of (14) two-bedroom/one-and-a-half-bath townhouse units and (2) three-bedroom/one-and-a-half-bath townhouse units. Sycamore Street Apartments has recently undergone significant capital improvements. Exterior renovations include new paving,new roof on both buildings, replaced or repaired fencing around property, modern paint and wood siding to bring the property up to date, as well as a replaced swer lateral.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RL
Interior
Heating Wall Furnace
Fireplace No
Exterior
Carport Spaces 16
Roof Type Flat
Total Parking Spaces 6
Building
Water Public
Schools
School District Other
Others
Tax ID 0920024005
Financing Other
Special Listing Condition Standard
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Bought with Chris Saiz • Marcus & Millichap