36976 Mulberry Street

Newark, CA 94560

$3,795,000
Price
Beds
7,344 Sq. Ft.
$517 / Sq. Ft.
7,344
Sq. Ft.
$517
per Sq. Ft.

Description

Rarely available in this area, 11 units one of which is a commercial unit that can be converted to a living unit. Fantastic upside to this building, rents are month to month and can be updated now. This building is located in the heart of Newark and only minutes from the big tech companies across the Dumbarton Bridge. Building was updated inside recently. These don't come along that often. Great cap rate over 6%, call agent for more details. Seller has raised current rents to $23,300 monthly, see...Rarely available in this area, 11 units one of which is a commercial unit that can be converted to a living unit. Fantastic upside to this building, rents are month to month and can be updated now. This building is located in the heart of Newark and only minutes from the big tech companies across the Dumbarton Bridge. Building was updated inside recently. These don't come along that often. Great cap rate over 6%, call agent for more details. Seller has raised current rents to $23,300 monthly, see rent roll attached.
  1. Listed by Dale Morris • DRE #00670746 • Valley Brokers on Main

Property Details for 36976 Mulberry Street

City
NEWARK
Building Type
Apt Complex
Property Sub Type
Apt Complex
Total # Parking Spaces
13

Location

Listing Courtesy of Valley Brokers on Main, Dale Morris, DRE #00670746
Add your commute
LISTING UPDATED: 05/02/2024 01:20 AM

Property Details for 36976 Mulberry Street

StatusActive
MLS #41039512
Days on Compass122
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1964
CountyAlameda County

Location

Listing Courtesy of Valley Brokers on Main, Dale Morris, DRE #00670746
Add your commute

Building Information for 36976 Mulberry Street

Building/Complex36976 Mulberry StFloor-Stories-Residences11Pet Policy-Year Built1964Building Size-

Payment Calculator

$21,458 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,711

Property Taxes

$747

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 36976 Mulberry Street

Features
Feature Details
  • Flooring: Engineered Wood
  • Laundry: Washer, Dryer
Utility Details
  • Cooling: None
  • Heating: Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Dryer, Washer
  • Exterior: Stucco & Stone
  • Lot Description: Level
  • Lot Sq Ft Apx: 14615
  • Lot Size Square Feet: 14615.0
  • Roof: Tar and Gravel, Other, Fiberglass
  • Sq Ft Apx: 7344
  • Year Built: 1964
Location Details
  • Directions to Property: Thornton to Mulberry
  • FIPS Code: 06001
  • Census Tract: 4444/3
  • Parcel Number: 92-29-20-2
  • Printed Neighborhood Rpt: Yes
  • Board ID: BAY EAST
Multi Family Information
General Details
  • Units Total: 11
  • Basement: None
  • Tenant Pays: Electric, Gas
  • Financial Data Source: Owner
Multi Family 5+ Information
Unit 1
  • Unit 1 # Units This Type?: 4
  • Unit # 1 Occupied By: Tenant
  • Unit # 1 # of Bedrooms: 1
  • Unit # 1 # of Bathrooms: 1
  • Unit # 1 Parking Spaces: 1
  • Unit # 1 Approx SqFt: 530
  • Unit # 1 Rent: 1950
Unit 2
  • Unit 2 # Units This Type?: 2
  • Unit # 2 Occupied By: Tenant
  • Unit # 2 # of Bedrooms: 1
  • Unit # 2 # of Bathrooms: 1
  • Unit # 2 Parking Spaces: 1
  • Unit # 2 Approx SqFt: 600
  • Unit # 2 Rent: 2100
Unit 3
  • Unit 3 # Units This Type?: 2
  • Unit # 3 Occupied By: Tenant
  • Unit # 3 # of Bedrooms: 2
  • Unit # 3 # of Bathrooms: 1
  • Unit # 3 Parking Spaces: 1
  • Unit # 3 Approx SqFt: 700
  • Unit # 3 Rent: 2150
Unit 4
  • Unit 4 # Units This Type?: 2
  • Unit # 4 Occupied By: Tenant
  • Unit # 4 # of Bedrooms: 3
  • Unit # 4 # of Bathrooms: 1
  • Unit # 4 Parking Spaces: 1
  • Unit # 4 Approx SqFt: 825
  • Unit # 4 Rent: 2750
Building Details
  • Additional Features-Misc: Balcony/Patio
  • Apx Lot Acres: 0
  • On Site Parking Description: Covered Parking
Income / Expense Details
  • Annual Rent Income: $256,800
Other Financial Information
  • Existing Loan: None
  • Ocpnt Req 24 Hr: Yes
Additional Information
Additional Information
  • Fireplace: No

Property History for 36976 Mulberry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 36976 Mulberry Street

Taxable ValueLand$47,603Additions$175,801Total$223,404
Tax Record2023$8,963 ($747 / month)
Home Facts
Total Finished SqFt7,344 SqFtAbove Grade Finished SqFt7,344 SqFtStories2Lot Size14,615 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyALAMEDAAPN92-29-20-2

Schools near 36976 Mulberry Street

This home is within Newark Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
James A. Graham Elementary School
PublicK to 6

Newark Junior High School
Public7 to 8

Newark Memorial High School
Public9 to 12

Bridgepoint High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

36976 Mulberry Street is a multi-family home for sale in Newark, CA 94560. This property was listed for sale on September 18, 2023 by Valley Brokers on Main, it's currently listed at $3,795,000. This listing's school district is Newark Unified School District. Nearby schools include James A. Graham Elementary School, Newark Junior High School and Newark Memorial High School. 36976 Mulberry Street is a 0-bed, 0-bath, 7,344 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Valley Brokers on Main, Dale Morris, DRE #00670746

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.