6254 Joaquin Murieta Ave I, Newark, California 94560, Newark, 94560 - 2 bed, 1 bath
Loading property details...
6254 Joaquin Murieta Ave I
Newark, California 94560
ACTIVE
CONDITION: FAIR
2Beds
1Baths
905Sq Ft
204,066Lot Size
Property Price
LIST PRICE$539,888
EST. MARKET VALUE
$455,592
18% AboveMARKET VALUE
SUMMARY
This ground-floor condominium represents a High-Potential Investment Opportunity, listed at $549,888—positioned well above the $458,777 Fair Market Value by 19%. While the list price exceeds the current valuation, the property features a Condition Rating of 4, benefiting from recent appliance upgrades and a strategic location near I-880 and major tech hubs. With a functional layout and private patio, this unit offers a stable foundation for Buy-and-Hold Investors or first-time buyers seeking a commuter-friendly residence in the Newark area.
Estimated Market Value
$455,592
Based on Realkey algorithm analyzing recent comparable sales in Newark.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6254 Joaquin Murieta Ave I Subject | $539,888* List Price | 2 | 1 | 905 | $503 | - |
A 39935 Parada St B Sold | $615,000 | 2 | 2 | 1,092 | $563 | 0.3 mi |
B 39953 Cedar Blvd 324 Sold | $525,000 | 2 | 2 | 1,071 | $490 | 0.3 mi |
C 39865 Cedar Blvd 229 Sold | $500,000 | 2 | 2 | 1,071 | $467 | 0.2 mi |
D 39921 Parada St A Sold | $675,000 | 3 | 2 | 1,249 | $540 | 0.3 mi |
E 39843 39843 Cedar Blvd 219 Sold | $500,000 | 2 | 2 | 1,071 | $467 | 0.2 mi |
F 39931 Cedar 201 Sold | $480,000 | 2 | 2 | 1,071 | $448 | 0.3 mi |
G 39843 Cedar Blvd 219 Pending | $499,500 List Price | 2 | 2 | 1,071 | $466 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1982 (42 years old), the property is dated despite some recent improvements. While it features 2-year-old appliances and updated laminate flooring, the kitchen retains older tile countertops and cabinetry. The presence of popcorn ceilings and older architectural details indicates a need for further cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Commuter Location
Ideally situated near I-880, the Dumbarton Bridge, and major high-tech employers, offering excellent accessibility for Silicon Valley professionals.
- Modern Appliance Package
Features recently updated two-year-old kitchen appliances including a stove, refrigerator, dishwasher, and microwave, all backed by warranties for buyer peace of mind.
- Ground Floor Accessibility
The convenient ground-floor layout eliminates the need for stairs and includes essential in-unit laundry hookups, enhancing daily living convenience and appeal.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $561 is relatively high for a two-bedroom unit, which may impact the overall monthly carrying costs and affordability for potential buyers.
- Limited Bathroom Ratio
With only one bathroom serving two bedrooms in a 1982-built structure, the layout may be less competitive compared to modern units that offer multiple bathrooms.
About 6254 Joaquin Murieta Ave I
Convenient Ground Floor Unit 2-bed, 1-bath, located in the desirable New Park neighborhood. 2 year old appliances (stove, refrigerator, dishwasher, microwave). In-unit laundry hook-up in bathroom. Washer and dryer provided in as is condition. All appliances warranty provided. Location close to high tech companies, great commute location, close to I-880, and Dumbarton Bridge, Costco & Newpark Mall.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 204,066 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $561.0 / Month
Neighborhood Insights
Newark Unified Schools
Birch Grove Primary
Grades K-6 • 1.2 mi
0/10
Newark Junior High School
Grades 7-8 • 2.7 mi
4/10
Newark Memorial High School
Grades 9-12 • 0.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.6 |
| Baths | 1.0 | 2.3 |
| Square foot | 905 | 1,383.444 |
| Lot Size | 204,066 | 154,382 |
| Price | $539.9K | $774.7K |
| Price per sq ft | $597 | $560 |
| Built year | 1982 | 1992 |
| HOA | $561.0 | $556 |
| Days on market | 26 | 39 |
Pricing History
Listed for Sale
Sep 6, 2026
$539,888
$549,888
-2% Price Drop
Initial Listing
Price Change
Aug 14, 2026
$549,888
Initial Listing
Sold
Dec 19, 2024
$510,000
Public Record
Sold
Jul 15, 2024
$131,254
Public Record