35446 Cleremont Dr, Newark, California 94560, Newark, 94560 - 3 bed, 2 bath
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Newark, California 94560
This Fixer-Upper Asset presents a High-Potential Investment Opportunity with a List Price of $998,000—positioned well below the $1,250,000 After-Repair Value by 20%. This valuation gap offers $252,000 in Instant Equity for buyers prepared to renovate the 1,100 sqft interior. Featuring a Condition Rating of 5, a private patio, and a massive 7,300 sqft lot, the property is ideally located near Tesla, Meta, and Lincoln Elementary School. This is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 35446 Cleremont Dr Subject | $998,000* List Price | 3 | 2 | 1,100 | $841 | - |
A 7482 Birkdale Dr Sold | $990,000 | 3 | 2 | 1,196 | $828 | 0.5 mi |
B 7698 Redbud Ct Sold | $941,000 | 3 | 1 | 1,087 | $866 | 1.0 mi |
C 8093 8093 Del Monte Ave Pending | $799,000 List Price | 3 | 2 | 1,240 | $644 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960, this property is marketed as a fixer-upper requiring extensive renovation. The interior features heavily stained and worn carpeting, an outdated kitchen with older white appliances and fluorescent lighting, and bathrooms with dated oak cabinetry and gold-toned fixtures. The listing explicitly states that substantial updates are needed to transform the home and achieve its projected after-repair value.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7300, living area = 1100.
Priced below market value with a projected after-repair value between $1.15M and $1.25M, this property offers a prime opportunity for investors or homeowners to build instant equity through strategic renovations.
Ideally situated with rapid access to Hwy 880, the Dumbarton Bridge, and BART, the home is perfectly positioned for professionals working at major Silicon Valley hubs including Tesla and Meta.
The home is being sold in a condition that requires significant updates and finishes, which will necessitate a substantial additional budget and time commitment from the buyer.
With only 1,100 square feet of living space for a three-bedroom configuration, the interior may feel small by modern standards and could limit appeal for families seeking larger communal areas.
Set in a desirable, centrally located neighborhood, this 3-bedroom, 2-bath single-story home is priced below market and offers a fantastic opportunity for instant equity—design and choose your own finishes to transform it into a charming home. Inviting curb appeal with mature landscaping and a lovely shade tree. The living room features original hardwood flooring under the carpet, a wood-burning fireplace, and French door access to the backyard. Two spacious bedrooms share the hall bathroom. The primary bedroom includes an ensuite bathroom. The parklike backyard is perfect for entertaining and includes a storage shed. A spacious garage offers room for two vehicles, workshop space, and a laundry area. Enjoy nearby outdoor recreation at Coyote Hills Regional Park with scenic hiking trails and NewBark Dog Park. Walking distance to Sprouts, Safeway, 99 Ranch Market, Starbucks, and local restaurants, with convenient access to Home Depot, Hwy 880, Hwy 84/Dumbarton Bridge, BART, Tesla, Meta, and Silicon Valley. Homes in this community, once updated, have demonstrated strong after-repair values in the $1.15M–$1.25M range (buyer to verify).
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 3.0 | 47% |
| Square foot | 1,100 | 1,899 | 9% |
| Lot Size | 7,300 | 6,000 | 74% |
| Price | $998.0K | $1.47M | 11% |
| Price per sq ft | $907 | $798 | 70% |
| Built year | 1960 | 1968 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 166 | 1% |
Apr 8, 2026
$998,000
Initial Listing