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PENDING

37088 Spruce St., Newark, CA 94560$2,400,000

9
beds
3
baths
3926
ft2
· 9750
ft2 lot
$611 / ft2

Listing provided courtesy of Joe Rosa, Compass
Source bridgeMLS;
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What a great opportunity to own this spacious 4 plex and the 6,250 sqft. lot behind the property that is zone for multi units. This 4 plex has one unit with 3 bedroom and 2 baths, the other units are 2 bedroom and 1 bath. This 4 plex has always been very well maintained and kept up to date. All units are occupied. Close to schools, parks and shopping. Easy access to Highway 84, 880, 680 and Dumbarton Bridge. A short drive to Facebook and Amazon. This 4 plex generates over $105,000 per year in income. Don't miss out on this opportunity

HOA

$—/month

On market

7 months

Year built

1966

Property type

Fourplex

Parking

8

MLS

40957058

Price / Sq.Ft.

$611 / ft2

Status

Pending

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Home details for 37088 Spruce St.

Interior Features & Layout
Heating & Cooling
•   
Heating Details: Wall Furnace
•   
Cooling Details: No Air Conditioning
Flooring
•   
Flooring: Carpet, Linoleum
Rooms Info
•   
Unit 4 Beds: 2
•   
Unit 2 Baths: 1
•   
Unit 3 Beds: 2
•   
Unit 2 Beds: 3, 2
•   
Unit 1 Bathrooms: 2
Appliances
•   
Second Range/Oven
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Spaces Unit 1: 2
•   
Parking Spaces Unit 2: 2
•   
Garage: Tenant
•   
Parking Details: Garage Parking, Parking Area
Community Info
•   
Total Units In Complex: 4
Building Info
•   
Building Type: FOURPLEX
•   
Mls Prop Type: FOURPLEX
•   
Sqft Source: Public Records
•   
Unit 4 Sqft: 900
•   
Unit 3 Sqft: 900
•   
Roof: Tile
•   
Building Age: 3926, 55
•   
Unit 2 Sqft: 900
•   
Unit 1 Sqft: 1226
Exterior Features
•   
Building Exterior Details: Stucco
•   
Exterior Features: Fenced, Other
Lot Info
•   
Lot Description: Level
•   
Acres: 22
Property Type
•   
Mls Property Type: RESIDENTIAL INCOME
Utilities & Other Information
Other
•   
Fips Code: 06001
Water & Sewer Info
•   
Water / Sewer: Sewer System - Public, Water - Public
Listing Details, Costs & Financing Information
Financial Info
•   
Finances Source: Other
•   
Gross Income: 105000
•   
Maintenance Expense Annual: 600
•   
Annual Expenses: 2500000, 9157
Lease Info
•   
Possession: COE
•   
For Lease: Yes
•   
Monthly Rent Unit 1: 2500
•   
Monthly Rent Unit 2: 2200
•   
Monthly Rent Unit 3: 2100
•   
Utilities Paid By Tenant: Electric, Gas, Trash
Listing Details
•   
Disclosures: Other - Call/See Agent
Terms
•   
Terms: 1031 Exchange, Cash, Conventional
•   
Existing Lease Terms: Other
•   
Sale Or Rent: For Sale
Listing Info
•   
Status Category: Pending
•   
Status: Pending
Listing Contacts
•   
Listing Agent Usercode: 206522080
•   
Listing Agent First Name: Joe
•   
Listing Agent Last Name: Rosa
Tax/Assessment Info
•   
Tax Year: 2021
•   
Taxes: 4055.78
•   
Apn: 92-124-15-1
Financing Info
•   
Loan 1 Balance: 1357, 6600
School Neighborhood & Directions
Location
•   
Cross Street: Thornton
•   
Street Number: 37088
•   
Street Name: Spruce St.
•   
Directions: Thornton - Spruce
•   
Address: 37088 Spruce St.
•   
Address Search Number: 37088
Other
Calculation
•   
List Price Per Sqft: 611
•   
Cdom Mls: 186
•   
Cdom: 186, 186
Other
•   
Other (3) Description: Yes, 2021-07-02T18:59:02.9

Neighborhood snapshot

Flyhomes
California
Alameda County
Fremont
Newark
8
Properties for sale
8
Median days on market
$691.56
Median sold price/sqft
107.84%
Sold/List %
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Property History for 37088 Spruce St.

01/03/2022
01/03/2022
EBRD/CCAR/Bay East #40957058
pending
EBRD/CCAR/Bay East #40957058
$2,400,000
12/30/2021
12/30/2021
EBRD/CCAR/Bay East #40957058
active
EBRD/CCAR/Bay East #40957058
$2,400,000
--4.00%
07/02/2021
07/02/2021
EBRD/CCAR/Bay East #40957058
active
EBRD/CCAR/Bay East #40957058
$2,500,000

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