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Investment Highlights

  • Approved tentative vesting map for eight duet-style condominiums
  • All market-rate units; no inclusionary housing requirement
  • Short commute to major East Bay and Silicon Valley employment centers
  • Mix of 3 bedroom / 2.5 bathroom and 4 bedroom / 3 bathroom homes
  • Ten minutes’ drive to Costco, Safeway, Sprouts Farmers Market, 99 Ranch, Grocery Outlet, and dozens of restaurants and services

Executive Summary

36952 Mulberry Street is an approximately 0.46-acre redevelopment site that is approved for eight residential units. The project includes three-bedroom and four-bedroom duet-style units. There is no inclusionary housing requirement for the development; all units can be sold at market rates.
Three-bedroom units feature two and one-half bathrooms and measure approximately 1,140 square feet. Four-bedroom units have three full bathrooms, with residences totaling between 2,150 square feet and 2,121 square feet. All homes have attached two-car garages and either a patio or balcony. The design of the project as duets is attractive to buyers, as residences have only one common wall. Additionally, the project is laid out with abundant open space and landscaping. There are four guest parking spaces on site.
The subject property is less than ten minutes’ drive to several major shopping centers. Costco, Safeway, Sprouts Farmers Market, Grocery Outlet, 99 Ranch, and Lion Market are all nearby. Additionally, there are dozens of restaurants, shops, and service businesses in the neighborhood. Newark is part of the extended Silicon Valley region and major employers in the region are in the high tech sector, including manufacturing. Tesla, Lucid Motors, LAM Research, Quanta Computers, Synnex Corporation, Western Digital, WorldPac, Amazon, KNT Manufacturing, Smart Modular Technologies, and Seagate Technology all have large facilities nearby.

Property Facts

Price $2,000,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Apartment Units - Condo
  • Single Family Development
Total Lot Size 20,000.00 AC
Zoning RM-OT - Residential Medium, Old Town Newark Specific Plan

1 Lot Available

Lot

Price $2,000,000
Price Per AC $100.00
Lot Size 20,000.00 AC
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 41596977

  • Date on Market: 8/7/2026

  • Last Updated:

  • Address: 36952 Mulberry St, Newark, CA 94560

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