
Newark, California 94560
This High-Potential Investment Opportunity is listed at $439,888, positioned well above the $356,632 Fair Market Value by -23%. While the property requires modernization to address its Condition Rating of 4, the top-floor privacy and strategic location near the Dumbarton Bridge offer strong rental demand. Featuring community amenities like a pool and spa, this unit provides a functional layout for long-term appreciation. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a commuter-friendly residence with value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39931 Cedar Boulevard 305 Subject | $439,888* List Price | 1 | 1 | 777 | $459 | - |
A 39843 39843 Cedar Blvd 219 Sold | $500,000 | 2 | 2 | 1,071 | $467 | 0.1 mi |
B 6290 Joaquin Murieta Avenue D Active | $429,999 List Price | 1 | 1 | 731 | $588 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985 (39 years old), the property features original oak cabinetry in the kitchen and bathroom and dated appliances. While the unit is well-maintained and functional with some minor updates like stone countertops, the overall aesthetic and systems are over 20 years old and require modernization to meet current market standards.
Positioned on the third floor with no neighbors above, this unit offers a quiet, airy retreat with enhanced privacy and abundant natural light.
Centrally located with immediate access to Highway 880 and the Dumbarton Bridge, providing a convenient commute to major Silicon Valley and East Bay tech employers.
The 777-square-foot floor plan features a seamless flow between living and dining areas and a generously sized bedroom, maximizing the utility of the space.
The $573 monthly association fee is relatively high for a one-bedroom unit, which may impact overall affordability and net ROI for investors.
With 83 days on the market and multiple price reductions, the property may face challenges regarding buyer perception and market momentum.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 10% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 777 | 1,309 | 10% |
| Lot Size | - | - | 50% |
| Price | $439.9K | $700.0K | 10% |
| Price per sq ft | $566 | $566 | 50% |
| Built year | 1985 | 1986 | 48% |
| HOA | $573.0 | $534 | 71% |
| Days on market | 108 | 108 | 52% |
Mar 26, 2026
$439,888
$448,950
-2% Price Drop
Initial Listing
Mar 18, 2026
$448,950
$449,888
+0% Price Increase
Initial Listing
Feb 25, 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