37136 Magnolia Street, Newark, CA 94560

$790,000
2
BD
1
BA
832
SqFt

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List Price
$790,000
Status
ACTIVE
MLS#
426155730
Bedrooms
2
Bathrooms
1
Living Area
832
Lot Size
7,501
Region
Newark
County
Alameda
Acres
0.17
Year Built
1915
Foreclosure
Yes
Parking Spaces
4

Property Description

Newark development opportunity with previously approved planning/duplex plans for two approximately 2,000 SF homes, each designed with 4 bedrooms and 4 bathrooms. City-stamped exhibit plans AP1-AP10 are available for review. Seller states the project previously received planning approval and that substantial utility and development costs, including PG&E-related costs, were previously paid. Seller did not complete the final steps toward obtaining a building permit. No representation is made that a building permit was issued, remains valid, or can be obtained without further City action. Independent verification of plans, approvals, permit status, fees, utilities, expiration or renewal requirements, and all development requirements with the City of Newark, PG&E, and applicable agencies is strongly advised. Existing 832 SF residence. Seller agrees to deliver property vacant at close of escrow. Property offered AS-IS.

Additional Information

Foreclosure
Yes
Living Area
832
Lot Size
7,501
Possession
See Remarks
Region
Newark

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Listing courtesy of Alliance Bay Realty.