Property Details
Upcoming Open Houses
About this Property
Magnify is pleased to present 5424 Saint Mark Avenue, a 16-unit investment opportunity located in Newark, CA. Built in 1960 and located at the border of Fremont, this property offers immediate access to one of the strongest employment corridors in the East Bay. The building consists of an efficient unit mix with 100% 2-Bed/1-Bath units totaling 11,744 rentable square feet. Approximately 1/3rd of the units have been upgraded with new flooring, appliances, and windows, while the remaining units provide significant upside for additional value-add renovations. Set on a 22,751 SF lot, its prime location in a robust rental market places residents just minutes from major employers such as Teslas' Fremont Factory and the broader Silicon Valley tech ecosystem. With direct connectivity via Highways 880/84, commuters benefit from quick access to job centers in Fremont, Palo Alto, and the Peninsula, while enjoying Newarks more affordable housing options. This investment combines stable in-place cash flow with strong future upside, supported by ongoing demand from Bay Area renters. The property offers investors a well-located, cash-flowing property in a core Bay Area market positioned at the intersection of strong tenant demand, exceptional connectivity, and major regional employment drivers.
MLS Listing Information
MLS #
ML82019251
MLS Source
MLSListings, Inc.
Days on Site
23
Interior Features
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Tar/Gravel
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Newark Unified
High School District
Newark Unified
Sewer
Public Sewer
Water
Public
Zoning
R-M-1500
Contact Information
Listing Agent
Eric Katz
Magnify Real Estate
License #: 01900078
Phone: (408) 438-0585
Co-Listing Agent
David Katz
License #: 01971921
Phone: (408) 758-0718
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 15 | 16 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 734 | 2 | 1/0 | $2,250 | $2,500 | 16 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5424 Saint Mark Ave is a Residential Income in Newark, CA 94560. This 11,744 square foot property sits on a 0.522 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,288,000 and was built in 1960. This address can also be written as 5424 Saint Mark Ave, Newark, CA 94560.
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This listing information is up-to-date as of September 18, 2025. For the most current information, please contact Eric Katz, (408) 438-0585
