Thornton Avenue
Newark, CA 94560
20,995.92Sqft(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-Y
Property Details
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Lot Information
Main Square Feet: 20995.92 Lot Size Acres: 0.482 Lot Size Source: Other Lot Size Square Feet: 20,996 Lot Description: Level
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Listing Price Information
Listing Price: $3140000Original Price: $3880000
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Tax Information
Parcel Number: 092A091902102
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Location Information
Direction: This listing includes 2 parcel numbers sold together, 6417 and 6433 Thornton Ave. Seller Financing Available, Up to 50% at 7.5% (5-Year Term) Flexible capital structure ideal for developers and value-add buyers. WaterSource: Public
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ByOwner last updated this listing 07/24/2026 @ 17:36
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