6417/6433 Thornton Avenue, Newark, CA 94560
Alameda County
Key Facts
Listed By: Stark Complete Real Estate Services - 4082245000
Listed By: Adan Alva
Description
This sale includes 6417 & 6433 Thornton Ave in Newarks Old Town Specific Plan area, offering 21,000 SF of land ready for high-impact development. Together, the parcels can support 100+ residential units under Californias Density Bonus Law and qualify for streamlined city approvals. The site is also eligible for $20M+ in state and local housing grants and low-interest financing for affordable or mixed-income projects. Next door, a 59-unit affordable housing development is underway, funded by a $12M city grant, showcasing Newarks strong commitment to housing growth. Investors and developers are encouraged to take advantage of this rare opportunity to deliver a transformative project in one of the Bay Areas most supportive housing markets. Seller Financing Available, Up to 50% at 7.5% (5-Year Term) Flexible capital structure ideal for developers and value-add buyers. Seller Financing Highlights: Seller will finance up to 50% of purchase price 7.5% interest, fixed 5-year term with balloon payment Fast closing no bank approval needed Ideal for entitlement phase, early-stage development, or land banking
Property Information
Property Type
Land
Lot Size
0.48 acres
Ownership
Planned Unit Development
MLS® Listing#
ML82024594
Property Features
Fencing
Lot Features
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
092A-0919-021-02
Directions
This listing includes 2 parcel numbers sold together, 6417 and 6433 Thornton Ave. Seller Financing Available, Up to 50% at 7.5% (5-Year Term) Flexible capital structure ideal for developers and value-add buyers.
Affordability Calculator
$628,000
Estimated monthly payment
$16,712/mo
Principal $2,512,000 · Est. interest $3,504,464 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newark, CA
- $1,000,000
- Median Listing Price
- 36
- Median Days on Market
- 1,708
- Median Sq Ft
- $660
- Median Price / Sq Ft
- 173
- Active Listings
- This home’s price is 214% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newark, CA.
Location
Map is currently unavailable for this location.
Points of Interest in Newark, CA
Showing the Newark area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 39452 Dragonfly Street, Newark, CA | $2,280,000 | 4 | — | 3,490 |
| 39452 Dragonfly Street, Newark, CA | $2,280,000 | 4 | 5 | 3,490 |
| 39452 Dragonfly Street, Newark, CA | $2,280,000 | 4 | 5 | 3,490 |
| 37338 Fowler St, Newark, CA | $2,499,900 | 4 | 4 | 3,438 |
| 37160 Aleppo Dr, Newark, CA | $2,649,000 | 5 | 3 | 3,315 |
| 37160 Aleppo Dr, Newark, CA | $2,649,000 | 5 | 3 | 3,315 |
Moving Cost Estimate
Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.
IDX display powered by Constellation Web Solutions
Licensed in the state of California