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Sold for $1,850,000 · Jul 2023

SOLD

Listed at $1,950,000

Sold

7881 Thornton Ave, Newark, CA 94560

Newark, CA

MLS# 41028005

Quadruplex
19 days on market

Listing Agent

Abel Lin

Listing Agent

Linz Financial & Realty

DRE #: 01272711

Brokerage: Linz Financial & Realty

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1988

Year Built

0.26 acres

Lot Size

N/A

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Quadruplex

Property Type

Description

Exceptional investment opportunity in the prime location of Newark. Huge lot (11,282 sf by public records) with great potentials. 4 identical 2-story townhouse style units with 2 bedrooms & full bath upstairs and living room/dining/kitchen/half bath downstairs. Each unit has dishwasher, laundry area with washer/dryer hook up, water heater, alcove upstairs perfect for home office, and a private backyard. Its advantageous location provides an easy access to both Highway 880 & Dumbarton Bridge connecting to all major employment centers in Bay Area (Palo Alto, Peninsula, South Bay...) and thus enhances potential for upside in rents and long-term value.

Listing description from the July 2023 sale, as reported to CRMLS.

Facts & Features

Details

Heating
ForcedAir

Sale history for 7881 Thornton Ave

1 recorded sale

$1,850,000
Sold July 2023 · listed $1,950,000, on market May 2023, 19 days on market · MLS #41028005 · Source: CRMLS
Listing Agent: Abel Lin · Listing Office: Linz Financial & Realty · Contact: 510-298-0258 · Bought with: Asir Shahim · eXp Realty of California

How this sale compares

7881 Thornton Ave sold for $1,850,000 in July 2023, 5.1% under its $1,950,000 list price, after 19 days on the market. Across 136 closed sales in 94560 over the last 12 months, the median sold price is $1,300,000 and the median is $755 per square foot.

$755
94560 median per sq ft (12 mo)
$1,300,000
94560 median sold price (12 mo)
136
Closed sales in 94560 (12 mo)
19
Days on market
−5.1%
Sold vs. list price
QuarterClosed sales in 94560Median sold price
Q1 20269$1,460,000
Q2 202669$1,200,000
Q3 202653$1,337,000
Q4 20265$960,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Newark · Homes for sale in 94560

Recent sales near 7881 Thornton Ave

Closed sales reported in 94560, nearest first, last 12 months. All recent sales in Newark →

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