$3,880,000

6417/6433 Thornton Ave Newark, CA 94560

Estimated payment $24,370/month

Total Views 5,654
0.48 Acre
$8,049,793 Price per Acre
20,996 Sq Ft Lot

Highlights

  • 0.48 Acre Lot
  • Wood Fence
  • Level Lot

About This Lot

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 Agent

Adan Alva

Keller Williams Thrive License #02158312 Listed on: 10/11/2025

Keller Williams Thrive

Co-Listing Agent

Tiffany Meng

SALA Homes Realty & Development License #02128961

Property Details

Property Type

  • Land

Lot Details

  • 0.48 Acre Lot
  • Wood Fence
  • Level Lot

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Zoning: RD-H
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Residential, Single Family, Vacant
  • Development Status: Improvements - None
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Wood, Fenced

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.4820
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20995.92
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20995.92
  • Parcel Access: City Street, State Road

Multi Family

  • Utilities: Public Utilities

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2025 10/11/25 For Sale $3,880,000 -- --
Source: MLSListings

Source: MLSListings

MLS Number: ML82024594

MLSListings
California Alameda County Newark 94560

6417/6433 Thornton Ave, Newark, CA

For Sale

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Nearby Homes
Adan Alva
Listing Agent
Adan Alva
Section Image
Keller Williams Thrive
(341) 218-3653