7 months on rocket

36976 Mulberry St, Newark, CA, 94560

$3,795,000

0 Baths
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
Year Built1964
HeatingWall Furnace
CoolingNone
MLS #41039512
Lot Size0.34 Acres
StatusActive

About 36976 Mulberry St

Rarely available in this area, 11 units one of which is a commercial unit that can be converted to a living unit. Fantastic upside to this building, rents are month to month and can be updated now. This building is located in the heart of Newark and only minutes from the big tech companies across the Dumbarton Bridge. Building was updated inside recently. These don't come along that often. Great cap rate over 6%, call agent for more details. Seller has raised current rents to $23,300 monthly, see rent roll attached.

Property Details

Property Features

Property Information:

  • Year Built: 1964

Listing Office:

  • Office Name: Valley Brokers on Main
  • Office Phone: (925) 426-2566
  • Listing Agent: Dale Morris

Interior Features

Interior Information:

  • Appliances: Dryer, Washer

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Thornton to Mulberry Cross Street: Thornton.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,795,000

Tax Information:

  • Annual Amount: $7,277
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newark, CA.

Med. Sold Price

$1.2M

Med. Price/SqFt

$765

Avg. Days On Market

11

# of Sold Homes

38

36976 Mulberry St vs Newark

229 DAYS ON ROCKET

+218 Days

$3,795,000

+$2.5M More

KEY TAKEAWAY

This property is $2.5M more than the Median Sold Price in Newark, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41039512

Listing Office:

  • Office Name: Valley Brokers on Main
  • Office Phone: (925) 426-2566
  • Listing Agent: Dale Morris

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 7:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,277$214,729
2020$7,277$212,528
2019$7,053$208,361
2018$6,860$204,277
2017$6,860$200,272

History based on county public records data.

Payment Calculator

$19K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.4K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6359655
5
/10
  • James A. Graham Elementary School

  • 36270 Cherry St

  • 0.60 miles

  • Public District Grades KG-6

school-card-donut-6359656
7
/10
  • Louis Milani Elementary School

  • 37490 Birch St

  • 0.68 miles

  • Public District Grades KG-6

school-card-donut-6359657
3
/10
  • August Schilling Elementary School

  • 36901 Spruce St

  • 0.70 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,133. Most Newark, CA residents have annual incomes between $35k-100k. Typical family type is married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 36976 Mulberry St

What is the listing price of this property?

The listing price of 36976 Mulberry St property is $3,795,000.

What type of property is this?

The property 36976 Mulberry St is a condo located in Newark, California, 94560.

Is this property for sale now?

Active Listing: 36976 Mulberry St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $7,277 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 36976 Mulberry St is 1964.
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Rocket HomesCaliforniaAlameda CountyNewark9456036976 Mulberry St

This home is located at 36976 Mulberry St in Newark, CA and zip code 94560. This home, which was built in 1964, sits on a 0.34 acre lot. It has been listed on Rocket Homes since September 18, 2023 and is currently priced at $3,795,000.

In April 2024 more than 35 listings in Newark, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below. Between March 2024 and April 2024, Newark, CA real estate market has seen increase in the number of listings by 15.7%. Listings spent 11 days on the market in April 2024, and had a median list price of $1,230,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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