
Newark, California 94560
This property presents a High-Potential Investment Opportunity with a List Price of $1,099,500—positioned above the $1,077,953 Fair Market Value. While the property requires significant capital for modernization, its Fair Condition Rating and 4-bedroom layout provide a solid foundation for value-add renovations. The 6,000 square foot lot and attached two-car garage offer functional utility in a prime commuter location. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive rehab to unlock the home's full market potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36305 Colbert Pl Subject | $1,099,500* List Price | 4 | 2 | 1,386 | $778 | - |
A 36113 La Salle Dr Sold | $970,000 | 3 | 2 | 1,100 | $882 | 0.3 mi |
B 6449 Cedar Blvd Sold | $1,131,000 | 4 | 2 | 1,638 | $690 | 0.5 mi |
C 8093 8093 Del Monte Ave Sold | $1,050,000 | 3 | 2 | 1,240 | $847 | 0.3 mi |
D 35446 Cleremont Dr Sold | $1,000,000 | 3 | 2 | 1,100 | $909 | 0.7 mi |
E 7482 Birkdale Dr Sold | $990,000 | 3 | 2 | 1,196 | $828 | 0.3 mi |
F 36462 Buckeye Street Active | $998,000 List Price | 4 | 2 | 1,494 | $668 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1962, the property is over 60 years old and shows significant signs of age. The kitchen features dated dark wood cabinetry and older white appliances, while the bathroom retains original-style fixtures and finishes that exceed the 30-year threshold. The listing's emphasis on 'sweat equity' and 'imagination' confirms the need for a comprehensive rehab rather than minor cosmetic updates.
Situated in a desirable Newark neighborhood, the property offers excellent proximity to Silicon Valley and San Francisco, making it a prime choice for professionals.
With a solid 4-bedroom layout and 'sweat equity' potential, this home presents a rare opportunity for investors or buyers to build equity through modernization.
The 6,000 square foot lot features mature landscaping and a spacious backyard, providing a versatile canvas for outdoor living, gardening, or potential expansion.
The property requires significant repairs and updating, which will necessitate a substantial additional capital investment immediately after purchase.
Built in 1962, the home likely contains original systems and finishes that may not meet modern efficiency standards or aesthetic preferences without a full overhaul.
Click on "disclosures" link for inspection reports......Potential for sweat equity! Bring your imagination and unlock the potential of this 4-bedroom, 2-bath single-story home in a desirable Newark neighborhood. Offering 1,386 square feet of living space on a 6,000 square foot lot, the property features a wood-burning fireplace, attached two-car garage with laundry hookups, mature landscaping, and a generous backyard ready for transformation. While the home could benefit from updating and repairs, its solid layout, desirable location, and tremendous upside make it a rare opportunity. Enjoy easy access to Silicon Valley, San Francisco, shopping, dining, schools, parks, and major commute routes while creating the home you've always envisioned.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,386 | 1,482 |
| Lot Size | 6,000 | 6,700 |
| Price | $1.10M | $1.46M |
| Price per sq ft | $793 | $875 |
| Built year | 1962 | 1969 |
| HOA | $0 | $222 |
| Days on market | 29 | 40 |
Jun 23, 2026
$1,099,500
Initial Listing