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25799598
25799599

5366 St Mark Ave, Newark, CA 94560

EK
CA 01900078
Magnify Equity
DK
CA CA01971921
Magnify Equity
Listed by Magnify Equity
$5,400,000
303 days on market
Updated 7 days ago

5366 Saint Mark Ave, 16 Units in Newark

Details
APN 92A-1010-58-4
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,744
Units 16
Cap Rate 5.4%
NOI $291,739
Occupancy 88%
Pro-Forma Cap Rate 6.19%
Pro-Forma NOI $334,055
Price per SqFt $460
Class C
Year Built 1960
Stories 2
Lot Size (SqFt) 19,650

Excellent Investment with strong upside in a great East Bay submarket

Marketing description

Magnify is pleased to present 5366 Saint Mark Ave, a rare opportunity to acquire a cash-flowing 16-unit multifamily asset in Newark, CA. The property features an ideal unit mix with all 2-bedroom, 1-bath units, offering strong tenant appeal and efficient operations. The building totals 11,744 square feet and sits on a 19,650 SF lot, providing both functional design and potential for future enhancements. With stable cash flow, low historical vacancy, and clear upside through interior renovations or value-add improvements, this asset is well-positioned for investors seeking both immediate income and long-term growth.

Strategically located in a thriving East Bay submarket, Newark offers direct access to Highways 880 and 84, providing seamless connectivity to the Silicon Valley, Fremont, and the Peninsula. The city continues to benefit from major commercial development, logistics expansion, and proximity to high-paying tech employment centers. Tenants enjoy nearby amenities including Newpark Mall, the Don Edwards Wildlife Refuge, and multiple local parks, enhancing overall livability and demand. With strong market fundamentals and robust investor interest, 5366 Saint Mark Avenue represents a compelling opportunity to acquire a unique asset in a core part of the Bay Area.

View Info and Disclosures: https://www.magnify.deals/5366info

Investment highlights

  • Strong Cash Flow: Rare 16-unit investment with great current income and proven upside

  • High-Demand Unit Mix: All spacious 2-bed, 1-bath units, ideal for long-term tenants and efficient management

  • Built-In Upside: Unlock value through interior upgrades or strategic enhancements to boost rents and equity

  • Strategic Bay Area Location: Close proximity to the Silicon Valley, Fremont, and major highways

  • Thriving East Bay Submarket: Newark is a growing community near major tech employers, which drives sustained demand and long-term appreciation

Listing Contacts

EK
CA 01900078
Magnify Equity
DK
CA CA01971921
Magnify Equity
Listed by Magnify Equity

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$291,739.00
$24,311.58/mo

Valuation Metrics

0
DSCR
5.4%
Cap Rate
5.4%
ROI

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Additional Information

Name
Eric Katz
License
01900078
Brokerage Phone
408-438-0838
Name
David Katz
License
CA01971921
Brokerage
Magnify Real Estate
Brokerage Phone
(408) 438-0585
Title
Co-Founder and COO
Brokerage Address
14370 Saratoga Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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