6433 Thornton AVE new Save Request In-Person Tour Request Virtual Tour
Newark,CA 94560
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82024594
HOA Y/N No
Lot Size 0.482 Acres
Property Description
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.
Location
State CA
County Alameda
Area 699 - Not Defined
Zoning RD-H
Interior
Fireplace No
Exterior
Fence Wood
View Y/N No
Present Use Residential,Single Family
Building
Lot Description Level
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 092A091902102
Special Listing Condition Standard