AGNSY
36871 Locust Street
Newark · 94560

36871 Locust Street

1951 · 2 BD · 1.5 BA · 1,003 SQFT
List
$1.45M

Rare 15,000 Sq. Ft. Development Opportunity | 4 Large SFH Home Concept** Maximize your ROI with this massive lot in a prime East Bay growth zone. A preliminary planning application with city comments is available for review, featuring a layout for four spacious TWO STORY single-family homes (approx. 2,900+ sq. ft. each including 2-car garages). An incoming developer can continue with the existing plans or leverage the potential of new housing lawssuch as SB9 subdivision or high-density bonusesto further optimize the site. The property currently includes a move-in ready 1,003 sq. ft. 2BD/1.5BA home with hardwood floors and newer dual-pane windows, offering immediate rental income during the entitlement process. The expansive grounds are fully equipped with two separate driveways, a detached 2-car garage, and ample RV parking. Strategically located minutes from Meta, Tesla, and the Dumbarton Bridge (880/84), this is a high-upside play in a top-tier location near shopping, dining, and the National Wildlife Refuge trails. Buyer to verify all development paths and current zoning requirements with the city directly.

Bedrooms
2
Bathrooms
1.5
Interior
1,003sqft
Year built
1951
Lot size
15,000sqft
$ / Sqft
$1,445
Days on market
258d
Disclosure package
Not sourced yet.
Comp position · Sale price
Street View
Commute · Tue 8:30am
San Francisco
38m
Palo Alto
12m
Mountain View
16m
Similar homes
Offer this amount
$1.45M
What you keep at closing
$30,791
Buyer-side commission$36,225
Agnsy retains · 15%$5,434
Returned to you · 85%$30,791