36985 Walnut Street, Newark, California 94560, Newark, 94560 - 4 bed, 3 bath
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Newark, California 94560
This Completely Remodeled 2024 Residence is a Prime Investment Opportunity, listed at $1,498,000—positioned well below the $1,537,332 Fair Market Value by 2%. This valuation gap provides $39,332 in Instant Equity. Boasting a Mint Condition Rating, the home features a gourmet kitchen with ZLINE appliances, dual primary suites, and a rare 11,074 sq ft lot with significant ADU potential. Located minutes from Meta and the Dumbarton Bridge, it perfectly balances luxury living with high-yield potential. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for future rental upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36985 Walnut Street Subject | $1,498,000* List Price | 4 | 3 | 1,910 | $805 | - |
A 6252 Bennington Drive Sold | $1,275,000 | 4 | 2 | 1,464 | $871 | 0.9 mi |
B 37088 Arden Street Sold | $1,485,333 | 5 | 3 | 2,084 | $713 | 0.9 mi |
C 35914 Burning Tree Drive Sold | $1,425,000 | 3 | 2 | 2,001 | $712 | 0.9 mi |
D 8092 8092 Olympic Ct Sold | $1,618,000 | 4 | 3 | 1,953 | $828 | 0.5 mi |
E 35875 Argonne St Sold | $1,445,000 | 3 | 2 | 1,929 | $749 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a complete high-end remodel in 2024, featuring a gourmet kitchen with premium ZLINE appliances and Cambria Quartz countertops, designer bathrooms, and new flooring throughout. As a 2024 renovation, it is in mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11074, living area = 1910.
The property underwent a complete high-end renovation in 2024, featuring premium ZLINE appliances, Thomasville cabinetry, and Cambria Quartz countertops, offering a turnkey luxury experience for the buyer.
The rare 11,074 sq ft lot provides significant outdoor space for a pool or garden and offers excellent potential for an Accessory Dwelling Unit (ADU) to generate rental income or house guests.
The local public schools carry ratings between 4 and 6, which may be a drawback for families specifically targeting top-tier academic districts in the Bay Area.
Despite the modern 2024 aesthetic updates, the original 1962 construction may involve older underlying systems or structural elements that require ongoing maintenance compared to newer builds.
Nestled on a quiet cul-de-sac, this single-level, 4-bedroom, 3-bathroom residence was completely remodeled in 2024 with high-end finishes throughout. The light-filled interior features a stunning gourmet kitchen with fully upgraded Thomasville cabinetry, luxurious Cambria Quartz countertops, premium ZLINE appliances, and a spacious center island. Stylish new flooring flows seamlessly throughout, leading to beautifully redesigned bathrooms with chic designer finishes. Offering exceptional flexibility, the home features two primary suites, ideal for multigenerational living, guests, or added privacy and comfort. A standout feature is the expansive 11,074 sq ft lota rare blank canvas for your dream backyard oasis, with ample space for a pool, garden, or outdoor entertaining. The property also offers excellent potential for a future ADU, ideal for a private guest suite, home office, or rental income opportunity. Enjoy a prime Silicon Valley location just minutes from the Dumbarton Bridge, offering an easy commute to Meta and other major tech hubs. Youre also conveniently close to shopping and dining at NewPark Mall and Pacific Commons. This home perfectly blends modern sophistication, everyday convenience, and future potential.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.7 mi
Grades 3-6 • 1.3 mi
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 | 1,910 | 1,904.5 | 50% |
| Lot Size | 11,074 | 6,000 | 99% |
| Price | $1.50M | $1.47M | 57% |
| Price per sq ft | $784 | $797 | 48% |
| Built year | 1962 | 1968 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 166 | 1% |
Mar 26, 2026
$1,498,000
Initial Listing
Oct 14, 2015
$699,000
Public Record
Jul 23, 1997
$180,000
Public Record