
Newark, California 94560
This Value-Add Residential Asset is listed at $965,000, positioned near its $946,002 Fair Market Value. Featuring an Updated Kitchen, Vinyl Plank Flooring, and Central Air Conditioning, the home provides a functional baseline despite a Condition Rating of 4 and deferred maintenance. The 6,000 sqft lot features no rear neighbors, Fruit Trees, and a Private Deck, offering a path to forced appreciation through modernization of its 1,073 sqft 4-bedroom, 3-bathroom layout. Located near Silicon Valley tech hubs, this property is a strategic acquisition for Contractors or Owner-Occupants seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36569 Beutke Drive Subject | $965,000* List Price | 4 | 3 | 1,073 | $882 | - |
A 36563 Beutke Dr Sold | $1,000,000 | 3 | 2 | 1,073 | $932 | 0.0 mi |
B 6025 Radcliffe Avenue Sold | $1,195,000 | 4 | 2 | 1,464 | $816 | 0.7 mi |
C 6364 6364 Noel Ave Sold | $845,000 | 3 | 1 | 942 | $897 | 0.4 mi |
D 7698 Redbud Ct Sold | $941,000 | 3 | 1 | 1,087 | $866 | 0.2 mi |
E 6278 Dairy Ave Sold | $865,000 | 2 | 1 | 952 | $909 | 0.5 mi |
F 37266 Spruce Street Active | $948,000 List Price | 3 | 1 | 1,048 | $905 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1959, this property has undergone some partial updates including the installation of vinyl plank flooring, dual-pane windows, and a kitchen featuring granite countertops and stainless steel appliances. However, the listing agent explicitly notes the need for 'TLC' and 'handy skills,' suggesting deferred maintenance. The bathroom fixtures and overall interior finishes appear dated or basic, and the exterior/yard shows signs of neglect. While major systems like central HVAC are present, the home requires minor repairs and cosmetic updates to meet modern move-in ready standards.
The home features several high-value updates including a remodeled kitchen, contemporary vinyl plank flooring, recessed lighting, and dual-pane windows, reducing immediate renovation costs for key areas.
Equipped with central heating and air conditioning, skylights, and dual-pane windows, the property offers modern comfort and energy efficiency often missing in 1950s-era homes.
Situated on a generous 6,000 sqft lot with no rear neighbors and established fruit trees, the property provides a level of privacy and outdoor utility that is highly desirable in the Silicon Valley area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The listing explicitly notes the need for 'TLC' and 'handy skills,' indicating that the property requires significant cosmetic or structural repairs to reach its full potential.
With four bedrooms and multiple living areas configured within only 1,073 square feet, the individual room sizes are likely very small, which may feel cramped for modern family standards.
OPPORTUNITY is knocking! With a little TLC, this home could be AMAZING! 4 Bedrooms, 2 1/2 baths, family room, living room, 2 car garage. UPDATED kitchen, vinyl PLANK flooring, skylights, central heating and AIR CONDITIONING, fruit trees in the back yard, no rear neighbors, recessed lighting, ceiling fans, dual pane windows - this home checks so many boxes. Newark is one of Silicon Valley's best kept SECRETS. Close to services, shopping and employment centers. Bring your patience, imagination and some handy skills to make this home your own. This is a winner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,073 | 1,899 | 6% |
| Lot Size | 6,000 | 6,000 | 50% |
| Price | $965.0K | $1.47M | 10% |
| Price per sq ft | $899 | $798 | 68% |
| Built year | 1959 | 1968 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 166 | 1% |
Mar 27, 2026
$965,000
Initial Listing