$3,480,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
0.482
Open Houses
-
year built
-
Full Baths
0
Half Baths
0
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
| Location | |
| Subdivision | - |
| County | Alameda |
| Elementary School | - |
| Middle School | - |
| High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: ML82024594
Listing status: Active
Listing agent:
Adan Alva
#02158312
Listing broker:
KW MREMC Thrive, Inc.
(408) 850-6900
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, December 31 2025 at 7:34 p.m. EST
Kotohomes National
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