Magnify is pleased to offer 5424 Saint Mark Avenue, a compelling 16-unit investment opportunity in the heart of Newark, CA. Built in 1960, this cash-flowing asset features an efficient and desirable unit mix with all 2-bedroom 1 bath units, amounting to 11,744 rentable square feet. The building has undergone recent capital improvements, including four fully renovated units and one partially upgraded unit. The property sits on a large 22,751 SF lot offering ample space for tenants and maximizing rental appeal.
With strong value-add potential, this asset is well-positioned for investors seeking both stable cash flow and long-term upside in a core Bay Area market. The property is located in a thriving East Bay neighborhood with direct access to Highways 880 and 84, providing seamless connectivity to the greater Bay Area. Finally, residents enjoy convenient access to local amenities such as Newpark Mall, Don Edwards Wildlife Refuge, and numerous parks, enhancing livability and supporting long-term occupancy.
Listed by Eric Katz
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License #01900078
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Magnify Real Estate
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408-317-0187
Last updated August 26, 2025
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Source: MLSListings #ML82019251
Listing Facts
TypeMulti-family
NeighborhoodNewark
Days on Prevu15
Size11,744 sqft
Price per sqft$450
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
08/26/2025
Listed by Magnify Real Estate
$5,288,000
Property Details for Saint Mark
Association
General
Number Of Units In Community: 16
Exterior
Construction
Roof: Tar/Gravel
Year Built: 1960
Measurements
Building Area Total: 11,744
Lot Size Acres: 0.52
Lot Size Area: 22,750
Lot Size Square Feet: 22,750
Financial
Taxes
Parcel Number: 092A-1010-055-01
Interior
Measurements
Living Area: 11,744
Other
Features
Accessibility Features: Parking
Parking
Parking
Carport: Yes
Parking Features: Carport
Schools
Elementary School
Elementary School District: Newark Unified
High School
High School District: Newark Unified
Utilities
Equipment
Heating: Wall Furnace
Sewer: Public Sewer
Utilities: Water - Public
Water Source: Public
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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