
Newark, California 94560
This Turnkey Condominium is a Prime Investment Opportunity, listed at $650,000—positioned well below the $668,768 Fair Market Value by 2%. This valuation gap offers $18,768 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this unit includes a modern kitchen with Bosch appliances, two private patios, and updated HVAC. Located near Newark Memorial High School, it offers a seamless commute to Silicon Valley. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39931 Cedar Blvd 104 Subject | $650,000* List Price | 3 | 2 | 1,283 | $521 | - |
A 6023 Joaquin Murieta Avenue A Sold | $740,000 | 3 | 2 | 1,309 | $565 | 0.3 mi |
B 6341 Joaquin Murieta Ave C Sold | $649,000 | 2 | 2 | 1,132 | $573 | 0.5 mi |
C 6472 Buena Vista Drive B Sold | $750,000 | 3 | 2 | 1,763 | $425 | 0.2 mi |
D 39843 39843 Cedar Blvd 219 Sold | $500,000 | 2 | 2 | 1,071 | $467 | 0.1 mi |
E 39931 Cedar 201 Sold | $480,000 | 2 | 2 | 1,071 | $448 | 0.0 mi |
F 39965 Parada St A Sold | $527,000 | 2 | 2 | 992 | $531 | 0.2 mi |
G 39997 Cedar Blvd 248 Active | $649,888 List Price | 3 | 2 | 1,283 | $507 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive renovation within the last 5 years, featuring a modern kitchen with Bosch appliances, tastefully remodeled bathrooms, new laminate flooring, and updated mini-split HVAC systems, meeting the criteria for mint condition.
The unit is fully renovated and move-in ready, featuring a modern kitchen with upgraded appliances, remodeled bathrooms, fresh interior paint, and durable laminate flooring throughout.
As one of the largest floor plans in the community at 1,283 sq ft, this 3-bedroom unit uniquely offers two private patios, including a rare secondary retreat off the primary bedroom.
Situated in a secure gated community, the property provides exceptional access to Hwy 880, Hwy 84, and the Dumbarton Bridge, making it an ideal hub for Silicon Valley and Peninsula commuters.
The HOA dues of $655 per month represent a significant recurring expense that may impact buyer affordability and overall monthly housing budgets.
While offering easy access, ground-floor units in high-density complexes can be subject to increased noise from upper-level neighbors and reduced privacy from common area foot traffic.
Welcome to 39931 Cedar Blvd #104 — one of the largest floor plans in the highly sought-after, gated Murieta community! This beautifully renovated ground-floor unit offers 3 spacious bedrooms, 2 full bathrooms, and 1,283 sq ft of stylish, move-in ready living. Bright and airy throughout, the open-concept living and dining area flows directly onto a private patio, while the primary bedroom enjoys its own second patio — a rare and coveted feature perfect for morning coffee or a quiet evening retreat. The updated kitchen features modern finishes and upgraded appliances, and both bathrooms have been tastefully remodeled. Fresh interior paint and warm laminate flooring throughout complete the turnkey package. Steps from the community pool, clubhouse, and sauna, this unit offers unmatched access to the best amenities Murieta has to offer. Two assigned parking spaces included. HOA dues cover water, trash, and exterior maintenance, with additional amenities including spa and fully equipped gym. Enjoy the peace of mind of living in a secure, gated community while being just minutes from Hwy 880, grocery stores, popular dining, your favorite coffee shops, and gas stations — everything you need is right at your doorstep. Easy commute to Silicon Valley and the Peninsula via Hwy 880 & 84 and the Dumbarton Bridge. A truly rare find — don't miss it!
No exterior & parking available.
Grades K-6 • 1.4 mi
Grades 7-8 • 2.9 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 57% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,283 | 1,309 | 48% |
| Lot Size | - | - | 50% |
| Price | $650.0K | $700.0K | 43% |
| Price per sq ft | $507 | $565 | 33% |
| Built year | 1985 | 1986 | 48% |
| HOA | $655.0 | $534 | 90% |
| Days on market | 11 | 107 | 5% |
Jun 2, 2026
$650,000
Initial Listing
Feb 11, 2009
$275,000
Public Record