6417/6433 Thornton Ave Newark, CA 94560
Estimated payment $20,001/month
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
Property Details
Property Type
- Land
Lot Details
- 20,996 Sq Ft Lot
- Wood Fence
- Level Lot
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2026 05/01/26 | For Sale | $3,140,000 | 0.0% | -- |
| 05/01/2026 05/01/26 | Off Market | $3,140,000 | -- | -- |
| 03/06/2026 03/06/26 | Price Changed | $3,140,000 | -4.6% | -- |
| 02/21/2026 02/21/26 | Price Changed | $3,290,000 | -5.5% | -- |
| 11/25/2025 11/25/25 | Price Changed | $3,480,000 | -10.3% | -- |
| 10/11/2025 10/11/25 | For Sale | $3,880,000 | -- | -- |
Source: MLSListings
MLS Number: ML82024594
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.
- 36863 Elm St
- 37340 Locust St
- 7601 Redbud Ct
- 36632 Magnolia St
- 36569 Beutke Dr
- 7995 Peachtree Ave
- 37029 Olive St
- 37160 Aleppo Dr
- 36462 Buckeye St
- 36874 Laurel St
- 36481 Bettencourt St
- 36671 Ponderosa Ct
- 36347 Colbert Place
- 8183 Pebble Beach Ave
- 36305 Colbert Place
- 8420 Blue Anchor Way
- 37532 Bay Crest Rd
- 8511 Mahogany Place
- 37517 Bay Crest Rd
- 8315 Bluff Way
- 37171 Sycamore St
- 8096 Juniper Ave Unit 8096
- 36976 Mulberry St Unit H
- 36895 Newark Blvd
- 36981 Newark Blvd Unit A
- 37654 Cape Cod Rd Unit SI ID1328936P
- 36226 Crystal Springs Dr
- 35655 Haley St
- 35511 Newark Blvd Unit D
- 37235 Cedar Blvd Unit D
- 6346 Escallonia Dr
- 37862 Taro Terrace
- 6204 Jarvis Ave
- 38024 Luma Terrace
- 5567 Rosa Way
- 37721 Farwell Dr
- 5319 Westbury Ct
- 36707 San Pedro Dr
- 37215 Dondero Way
- 39150 Cedar Blvd
Ask me questions while you tour the home.