36871 Locust St Newark, CA 94560
Estimated payment $9,267/month
Highlights
- Wood Flooring
- Double Pane Windows
- Walk-in Shower
- 2 Car Detached Garage
- Tile Countertops
- Floor Furnace
About This Home
Rare 15,000 Sq. Ft. Development Opportunity | 4 Large SFH Home Concept** Maximize your ROI with this massive lot in a prime East Bay growth zone. A preliminary planning application with city comments is available for review, featuring a layout for four spacious TWO STORY single-family homes (approx. 2,900+ sq. ft. each including 2-car garages). An incoming developer can continue with the existing plans or leverage the potential of new housing lawssuch as SB9 subdivision or high-density bonusesto further optimize the site. The property currently includes a move-in ready 1,003 sq. ft. 2BD/1.5BA home with hardwood floors and newer dual-pane windows, offering immediate rental income during the entitlement process. The expansive grounds are fully equipped with two separate driveways, a detached 2-car garage, and ample RV parking. Strategically located minutes from Meta, Tesla, and the Dumbarton Bridge (880/84), this is a high-upside play in a top-tier location near shopping, dining, and the National Wildlife Refuge trails. Buyer to verify all development paths and current zoning requirements with the city directly.
Home Details
Home Type
- Single Family
Year Built
- Built in 1951
Lot Details
- Back Yard
- Zoning described as RL
Parking
- 2 Car Detached Garage
Home Design
- Raised Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,003 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Separate Family Room
- Dining Area
- Electric Dryer Hookup
Kitchen
- Oven or Range
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub Includes Tile Surround
- Walk-in Shower
Utilities
- Floor Furnace
- Vented Exhaust Fan
- Heating System Uses Gas
- 220 Volts
Listing and Financial Details
- Assessor Parcel Number 092-0083-008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,653 | $1,051,850 | $557,750 | $494,100 |
| 2024 | $12,653 | $1,031,228 | $546,815 | $484,413 |
| 2023 | $12,323 | $1,011,012 | $536,095 | $474,917 |
| 2022 | $12,186 | $991,191 | $525,585 | $465,606 |
| 2021 | $11,878 | $971,757 | $515,280 | $456,477 |
| 2020 | $11,735 | $958,800 | $510,000 | $448,800 |
| 2019 | $11,565 | $940,000 | $500,000 | $440,000 |
| 2018 | $4,664 | $349,933 | $110,389 | $239,544 |
| 2017 | $4,546 | $343,073 | $108,225 | $234,848 |
| 2016 | $4,491 | $336,346 | $106,103 | $230,243 |
| 2015 | $4,476 | $331,296 | $104,510 | $226,786 |
| 2014 | $4,353 | $324,807 | $102,463 | $222,344 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/26/2026 02/26/26 | For Sale | $1,599,000 | -- | $1,594 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | $940,000 | Old Republic Title Company | |
| Grant Deed | $317,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $658,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $308,964 | FHA |
Source: MLSListings
MLS Number: ML82036423
APN: 092-0083-008-00
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