
Newark, California 94560
This top-floor condominium represents a High-Potential Investment Opportunity, listed at $435,888—positioned well below the $361,951 Fair Market Value by -20%. While the unit features a Condition Rating of 4 with dated finishes, its strategic location near Highway 880 and the Dumbarton Bridge ensures strong rental demand. The property offers a functional layout and community amenities like a pool and spa. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39931 Cedar Boulevard 305 Subject | $435,888* List Price | 1 | 1 | 777 | $466 | - |
A 39953 Cedar Blvd 324 Sold | $525,000 | 2 | 2 | 1,071 | $490 | 0.0 mi |
B 39865 Cedar Blvd 229 Sold | $500,000 | 2 | 2 | 1,071 | $467 | 0.2 mi |
C 39843 39843 Cedar Blvd 219 Sold | $500,000 | 2 | 2 | 1,071 | $467 | 0.1 mi |
D 39931 Cedar 201 Sold | $480,000 | 2 | 2 | 1,071 | $448 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the unit is over 30 years old and features dated oak cabinetry in the kitchen and bathroom along with older appliances. While the stone countertops suggest a partial update and the home is well-maintained and functional, the overall aesthetic and fixtures require modernization.
Positioned on the third floor with no neighbors above, this unit offers enhanced quietude, privacy, and an airy, light-filled atmosphere that is rare in condominium living.
The property boasts excellent proximity to Highway 880 and the Dumbarton Bridge, providing a highly convenient commute to major Silicon Valley tech employers and East Bay hubs.
The 777-square-foot floor plan features a seamless flow between the living and dining areas, maximizing the sense of space and versatility for residents.
At $573 per month, the association fees are relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for buyers and reduce net cash flow for investors.
Built in 1985, the property may lack the modern amenities and energy-efficient features found in newer developments, potentially requiring future updates to maintain market competitiveness.
Welcome to this top-floor condominium in the heart of Newark offering comfort, convenience, and elevated privacy. Situated on the third floor with no neighbors above, this light-filled residence provides a quiet retreat with an airy feel and abundant natural light throughout. The open and functional layout creates a seamless flow between the living and dining areas, making the space both comfortable and versatile for everyday living or entertaining. Large windows invite in sunshine, enhancing the bright interior, while the thoughtfully designed kitchen offers ample cabinetry and efficient use of space. The generously sized bedroom provides excellent closet storage and a relaxing setting. Designed for low-maintenance living, this home is ideal for first-time buyers, professionals, downsizers, or investors seeking strong rental potential in a highly desirable community. Centrally located with convenient access to Highway 880 and the Dumbarton Bridge, this residence places you within close proximity to major tech employers, shopping, dining, and everyday essentials. Positioned between Silicon Valley and the East Bay, the location offers both accessibility and long-term upside. An exceptional opportunity to own a top-floor unit in one of Newarks most convenient locations.
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 |
|---|---|---|
| Beds | 1.0 | 2.5 |
| Baths | 1.0 | 2.5 |
| Square foot | 777 | 1,284.5 |
| Lot Size | - | 196,650 |
| Price | $435.9K | $734.6K |
| Price per sq ft | $561 | $549 |
| Built year | 1985 | 1985 |
| HOA | $573.0 | $656 |
| Days on market | 13 | 43 |
Jul 10, 2026
$435,888
Initial Listing
Jul 9, 2026
$449,888
Initial Listing
Nov 30, 2017
$410,000
Public Record
Feb 2, 2006
$318,000
Public Record
Mar 13, 2003
$205,000
Public Record
Mar 31, 1998
$95,000
Public Record