Leave a Message

Thank you for your message. We will be in touch with you shortly.

6433 Thornton Avenue
6433 Thornton Avenue
6433 Thornton Avenue
6433 Thornton Avenue
VIEW PHOTOS
$3,480,000

6433 Thornton Avenue

Description

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

Share Property

Location

6417/6433 Thornton Avenue, Newark, CA 94560

Status

For Sale
Tiffany Meng

Tiffany Meng

TITLE

Area Specialist

Property Amenities

Area & Lot
Lot Area 0.48 Acres
MLS® ID ML82024594
School District Newark Unified
Type Land
Status For Sale
Exterior
Water Source Public
Sewer Public Sewer
Lot Features Level
Finance
Sales Price $3,480,000
image

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 6417/6433 Thornton Avenue, Newark, CA 94560. We are reviewing your request and will be in touch shortly!

Let's Talk

You've got questions and we can't wait to answer them.