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37228 Walnut St, Newark, CA, 94560
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Commercial sold for $1,500,000 in 99 days

37228 Walnut St Newark, CA, 94560

Off the market 5 or More Units

Do you own this home?

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Amazing investment opportunity. 6 units. 15,000 Square foot lot. Lots of room for parking. Carports in back. Property being sold AS-IS. Some units need updating. Water does not have separate meters. One unit is vacant and able to be shown. Must be accompanied to the property by your agent.
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Property details

5,614 sqft interior area
Land area
15,000 sqft (0.34 acres)
Address
37228 Walnut St, Newark, CA, 94560
City of California
Newark
County
Alameda
Previous price
$1,985,000
Year Built
1964
Parking Spaces
6
District
Listing

Nearby major retailers

Costco
Chevron
GNC
Dollar Tree
MetroPCS
The Home Depot
Big Lots
Supercuts
AT&T
Marshalls
Kohl's
Macy's
AutoZone
Ross
Verizon Wireless
T-Mobile
7-Eleven
See's Candies
Staples
GameStop
Trader Joe's
Pet Food Express
Walmart
O'Reilly Auto Parts
Walgreens
Safeway
Jiffy Lube
Lowe's
Whole Foods Market
Wholesale: 1
Convenience: 11
Nutrition supplements: 2
Variety store: 2
Mobile phone: 11
Do it yourself: 2
Department store: 7
Hairdresser: 2
Car parts: 4
Confectionery: 1
Stationery: 1
Video games: 1
Supermarket: 5
Pet: 1
Chemist: 1
Car repair: 1
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Interior Features

6 parking places, Linoleum floors
Roof
Shingle, Composition
Floor Covering
Linoleum
Garage & Parking
Carports - 2 Or More, No Garage
Utilities Included
Individual Electric Meter, Individual Gas Meter
Basement
None

Listed by

Solomon Mackey, Diversified RE Services
Name
Solomon Mackey
License number
01996480
Brokerage company
Diversified RE Services
MLS #
41045309

Buyer agent

Name
Ismael Benhamida
Brokerage company
Compass

Payment calculator

Calculate your monthly payments
Mortgage
$4,606
Taxes
$0
HOA dues
$0
$4,606 per month
Mortgage
$300,000 / 20%
2.28%
30 years
Your amount $4,606 / month

Exterior Features

Stucco construction and more
Construction
Stucco

Lot details

TMK #92135175
Lot Description
Level
Parcel nr.
92135175

94560 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in 94560

46%
Families with children
National average: 39%
20%
Non family households
224,220
Population
$138,017
Average Income

Age & gender

Median age 37 years
More info

Commute types

84% commute by car
More info

Education level

26% have high school education
More info

Number of employees

5% work in management
More info

Vehicles available

43% have 2 vehicle
More info

Vehicles by gender

43% have 2 vehicle
More info

Housing market insights for

$1.43m
Neighborhood average
sales price*
$1.41m
Neighborhood median
sales price*
254
Number
of sales*

Housing type

63% are single detacheds
More info

Rooms

43% of the houses have 4 or 5 rooms
More info

Bedrooms

63% have 2 or 3 bedrooms
More info

Owners vs Renters

66% are owners
More info
13.17 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold Mar 8, 2024
Date Event Price $/sqft Source
Mar 8, 2024 Sold $1,500,000 0 Public Record
Mar 8, 2024 Price Decrease $1,500,000 -24.43% 0 MLS #41045309
Dec 17, 2023 Pending $1,985,000 0 MLS #41045309
Dec 1, 2023 New Listing $1,985,000 0 MLS #41045309

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Frequently Asked Questions about 37228 Walnut St

What is 37228 Walnut St?

37228 Walnut St is a Commercial/Industrial propertywith 5,614 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

37228 Walnut St, Newark, CA, 94560.

What comparable properties are nearby?

Comparable nearby commercial properties include 1895 Mowry Ave 118 B, 36883 Niles Blv, 4400 Technology Dr, 44053 S Grimmer Blvd, 37348 Niles, 44238 Fremont Blvd.

Based on information from the bridgeMLS as of 05-07-2024. 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.

Listing last updated on: Mar 08, 2024
Verhouse Last checked 4 minutes ago


The closest grocery stores are 99 Ranch Market, 1.57 miles away and Sprouts Farmers Market, 1.7 miles away.
The 94560 zip area has a population of 224,220, and 46% of the families have children. The median age is 37.33 years and 84% commute by car. The most popular housing type is "single detached" and 66% is owner.
Commercial Sold $1.5m 37228 Walnut St, Newark, CA, 94560 Save House Remove from Saved