6417/6433 Thornton Avenue, Newark, CA 94560

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
6417/6433 Thornton Avenue,Newark, CA 94560
$3,480,000
  • 0.48 Acres
  • Lots / Land
  • Active
Listed by: adan alva, tiffany meng
Office: keller williams thrive
MLS#:ML82024594
Source:CAMAXMLS

Price summary

  • Price:$3,480,000

About this home

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

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Home facts

  • Listing ID #:ML82024594
  • Added:45 day(s) ago
  • Updated:November 26, 2025 at 03:18 PM

Structure and exterior

  • Lot area:0.48 Acres

Finances and disclosures

  • Price:$3,480,000
MLS LogoBay East 2025. CCAR 2025 bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 26, 2025

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