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5424 Saint Mark Ave
For Sale $5,088,000
$5,088,000
- Units
- Unknown Sq Ft
- 22,750 Sq Ft
- Unknown Cap Rate
Description
Magnify is pleased to present 5424 Saint Mark Avenue, a 16-unit investment opportunity located in Newark, CA. Built in 1960 and located at the border of Fremont, this property offers immediate access to one of the strongest employment corridors in the East Bay. The building consists of an efficient unit mix with 100% 2-Bed/1-Bath units totaling 11,744 rentable square feet. Approximately 1/3rd of the units have been upgraded with new flooring, appliances, and windows, while the remaining units provide significant upside for additional value-add renovations. Set on a 22,751 SF lot, its prime location in a robust rental market places residents just minutes from major employers such as Teslas' Fremont Factory and the broader Silicon Valley tech ecosystem. With direct connectivity via Highways 880/84, commuters benefit from quick access to job centers in Fremont, Palo Alto, and the Peninsula, while enjoying Newarks more affordable housing options. This investment combines stable in-place cash flow with strong future upside, supported by ongoing demand from Bay Area renters. The property offers investors a well-located, cash-flowing property in a core Bay Area market positioned at the intersection of strong tenant demand, exceptional connectivity, and major regional employment drivers.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $5,088,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1960 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 092A101005501 |
| MLS # | ML82019251 |
| Property ID | 322114347 |
| Lot Sqft | 22,750 |
| Zoning | R-M-1500 |
| Days on Market | 117 |
| Original List Price | $5,288,000 |
| Date Updated | December 11, 2025 |
| Date Created | August 26, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Eric Katz an agent of Magnify Real Estate. Lic #01900078
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 11, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT