714-745-2708

Thornton Avenue, Newark, CA 94560

$3,140,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Adan Alva | adanalva00@gmail.com
Lic#: 02158312
Broker: Courtesy of Stark Complete Real Estate Services
Phone: 408-903-8112

Co Listing Agent

Tiffany Meng | tiffany@sala-homes.com
Lic#: 02128961
Broker: Courtesy of SALA Homes Realty & Development
Phone: 510-789-7920

Agent Remarks

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

Listing Details

Property type: (Lots/Land)

Status: Active

MLS# ML82024594

List price is $3,140,000 Reduced by $150,000 on 3/6/2026

Price: $3,140,000

Beds: 0

Baths: 0

0.48 acres

Lot size: 0.4820

County: Alameda

Zoning: RD-H

Lot description: Level

MLS area: 699 - Not Defined

Last Updated: 6/11/2026

Days On Market (DOM): 259

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.533699, -122.033730.
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