$1,449,000

36871 Locust Street, Newark, CA 94560

  • 2 beds |
  • 2 baths |
  • 1,003 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $1,445/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Rare 15,000 Sq. Ft. Development Opportunity | 4 Large SFH Home Concept** Maximize your ROI with this massive lot in a prime East Bay growth zone. A preliminary planning application with city comments is available for review, featuring a layout for four spacious TWO STORY single-family homes (approx. 2,900+ sq. ft. each including 2-car garages). An incoming developer can continue with the existing plans or leverage the potential of new housing lawssuch as SB9 subdivision or high-density bonusesto further optimize the site. The property currently includes a move-in ready 1,003 sq. ft. 2BD/1.5BA home with hardwood floors and newer dual-pane windows, offering immediate rental income during the entitlement process. The expansive grounds are fully equipped with two separate driveways, a detached 2-car garage, and ample RV parking. Strategically located minutes from Meta, Tesla, and the Dumbarton Bridge (880/84), this is a high-upside play in a top-tier location near shopping, dining, and the National Wildlife Refuge trails. Buyer to verify all development paths and current zoning requirements with the city directly.

Listing Status:
Active
Date Added:
February 26, 2026
Data Last Updated:
May 20, 2026 at 4:06PM
Listing Office:
Keller Williams Thrive : 408-850-6900
Listing Agent:
Radha Rustagi : 408-340-0558
MLS ID:
ML82036423
  • General: Dining AreaFamily Room
  • Appliances: Dishwasher
  • Flooring: Hardwood
  • A/C: None
  • Heating: Natural Gas
  • General: Back YardOther
  • Roofing: Shingle
  • Windows: Double Pane Windows
  • General: 1Raised
  • School District: Newark (510) 794-2141
  • County: Alameda
  • Zoning: RL0920083008
  • Utilities: 220 Volts in KitchenElectricity on Property
  • Water: Public
  • Sewer: Public Sewer

This listing courtesy of Radha Rustagi , Keller Williams Thrive

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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