7435 Wells Avenue

Newark, CA 94560

$985,000
Last Sold Price
4
Beds
2
Baths
1,634 Sq. Ft.
$603 / Sq. Ft.
1,634
Sq. Ft.
$603
per Sq. Ft.

Description

No open house, do not disturb tenants! Rare investment opportunity! Location, Location, Location! Eight miles from Facebook Headquarters, two miles from Amazon Distribution Center, Seven miles from Tesla Factory, Easy freeway access to 880, 101 and Dumbarton Bridge. Near shopping and entertainment! Video Link:httpshttps://www.youtube.com/watchv=5zeanLc_coo&feature=youtu.be Renovations done in 2013: 40 year Roof, gutters, garage doors, dual pane windows, exterior stucco, central heating/ac, all electrical...No open house, do not disturb tenants! Rare investment opportunity! Location, Location, Location! Eight miles from Facebook Headquarters, two miles from Amazon Distribution Center, Seven miles from Tesla Factory, Easy freeway access to 880, 101 and Dumbarton Bridge. Near shopping and entertainment! Video Link:httpshttps://www.youtube.com/watchv=5zeanLc_coo&feature=youtu.be Renovations done in 2013: 40 year Roof, gutters, garage doors, dual pane windows, exterior stucco, central heating/ac, all electrical in unit A, copper plumbing, kitchen, stainless steal appliances, granite counter tops, recessed lighting, bathrooms, artificial grass front and back yard, fence and much more.
  1. Listed by Jesus Perez • DRE #01440817 • Alliance Bay Realty

Property Details for 7435 Wells Avenue

City
NEWARK
Dist Neighborhood Subdiv
CENTRAL
Building Type
DUPLEX
Property Sub Type
DUPLEX
Garage/Parking
Off-Street Parking, Spaces per Unit - 1, Tandem Parking
Park Spaces Total
3

Location

Listing Courtesy of Alliance Bay Realty, Jesus Perez, DRE #01440817

Sold By Realty One Group AMR, Major Gill, DRE #01506201

Add your commute
LISTING UPDATED: 05/22/2020 01:20 PM

Property Details for 7435 Wells Avenue

StatusSold
MLS #40899809
Days on Compass30
Taxes$6,892 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / DUPLEX
Year Built1973
Lot Size0.14 AC / 6,250 SF
CountyAlameda County

Location

Listing Courtesy of Alliance Bay Realty, Jesus Perez, DRE #01440817

Sold By Realty One Group AMR, Major Gill, DRE #01506201

Add your commute

Virtual Tour

Building Information for 7435 Wells Avenue

Stories-Residences2Year Built1973Building Size-Lot Size0.14 AC / 6,250 SF

Payment Calculator

$5,950 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,376

Property Taxes

$574

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7435 Wells Avenue

Features
Feature Details
  • Flooring: Laminate, Tile, Vinyl
  • Laundry: Other
Utility Details
  • Cooling: Ceiling Fan(s), Central 1 Zone A/C
  • Heating: Central Gravity, Gas, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Home Owners Association
  • HOA Amenities: None
Property Details
  • Additional Equipment: Mirrored Closet Door(s)
  • City Transfer Tax: No
  • Exterior: Dual Pane Windows, Stucco
  • Lot Description: Level
  • Lot Sq Ft Apx: 6250
  • Lot Size Square Feet: 6250.0
  • Roof: Composition Shingles
  • Sq Ft Apx: 1634
  • Yard Description: Back Yard, Fenced, Front Yard, Garden/Play, Patio, Patio Covered, Side Yard
  • Year Built: 1973
  • Acres: 0.14
Location Details
  • Elementary School District: Newark (510) 794-2141
  • Directions to Property: Sycamore to Carter to Wells Ave.
  • FIPS Code: 06001
  • Parcel Number: 92-131-6-3
  • Printed Neighborhood Rpt: No
  • Board ID: BAY EAST
Multi Family Information
General Details
  • All Units Have: Disposal, Patio, Updated Baths
  • Some Units Have: Dishwasher, Disposal, Patio, Updated Baths, Updated Kitchen
  • Units Total: 2
  • Basement: None
  • Parking Description: Off Street Parking, Space Per Unit - 1, Tandem Parking
  • Separate Meters: Electric, Gas
  • Existing Lease Terms: Month to Month, Security Deposit
  • Tenant Pays: Cable TV, Electric, Gas, Trash
  • Financial Data Source: Estimated, Owner
Income / Expense Details
  • Annual Expense Year: 200
  • Annual Taxes $: $6,892
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $54,000
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $54,000
  • Gross Oper Income (Act): $54,000
  • Net Operating Income: $49,353
  • Annual Insurance Expense: $1,147
  • Annual License Expense: $100
  • Annual Maintance Expense: $0
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $11,583
  • Annual Utility Expense: $3,200
  • Annual Vacancy Expense: $0
  • Other Annual Expense: $0
Unit 1 Details
  • Unit #/Address - 1: A
  • Occupied By 1: Tenant
  • Dining Room 1: Yes
  • Air Cond 1: Yes
  • Fireplace 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Apx Sq Ft 1: 817
  • Rent 1: 2300
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Tenant
  • Dining Room 2: Yes
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Apx Sq Ft 2: 817
  • Rent 2: 2200
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: None
  • Total Deposits: 3500
Additional Information
Additional Information
  • Fireplace: No
  • Elementary School District: Newark (510) 794-2141
  • High School District: Newark (510) 794-2141

Property History for 7435 Wells Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7435 Wells Avenue

Taxable ValueLand$483,538Additions$551,864Total$1,035,402
Tax Record2023$13,106 ($1,092 / month)
Home Facts
Total Finished SqFt1,634 SqFtAbove Grade Finished SqFt1,634 SqFtStories1Lot Size6,250 SqFtStyleDuplexYear Built1973CountyALAMEDAAPN92-131-6-3

Schools near 7435 Wells Avenue

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
August Schilling 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

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Similar Sold Homes

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Listing Courtesy of Alliance Bay Realty, Jesus Perez, DRE #01440817

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.