Millman Team Real Estate

$1,599,000
2 Bed
2 Bath
1,003 Sqft
0.34 Acre Lot

36871 Locust Street, Newark, California 94560

  • Residential Property Type
  • 1,003 Sqft Square Footage
  • 1951 Year Built
Property Description

Rare 15,000 Sq. Ft. Development Opportunity | 4 Large SFH Home Concept** Maximize your ROI with this massive lot in a prime East Bay growth zone. A preliminary planning application with city comments is available for review, featuring a layout for four spacious TWO STORY single-family homes (approx. 2,900+ sq. ft. each including 2-car garages). An incoming developer can continue with the existing plans or leverage the potential of new housing lawssuch as SB9 subdivision or high-density bonusesto further optimize the site. The property currently includes a move-in ready 1,003 sq. ft. 2BD/1.5BA home with hardwood floors and newer dual-pane windows, offering immediate rental income during the entitlement process. The expansive grounds are fully equipped with two separate driveways, a detached 2-car garage, and ample RV parking. Strategically located minutes from Meta, Tesla, and the Dumbarton Bridge (880/84), this is a high-upside play in a top-tier location near shopping, dining, and the National Wildlife Refuge trails. Buyer to verify all development paths and current zoning requirements with the city directly.

Basic Details
Residential
For Sale
ML82036423
$1,599,000
2
2
1
1,003 Sqft
1951
0.34 Acre
Active
1
Single Family Residence
: Shingle, Composition
Features
: Floor Furnace
: None
: Wood
: Public Sewer
$0
Appliances
: Dishwasher, Disposal, Vented Exhaust Fan
Address Map
CA
Alameda
Newark
94560
Locust
36871
Street
W123° 57' 21''
N37° 31' 45''
Cross Street: Thornton Avenue
699 - Not Defined
RL
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
: None
2.0
2026-02-26
1
: Public
Broker/Agent Information
Keller Williams Thrive
Radha Rustagi
Listing Information
ML5070570
ML39095
Active
2026-02-26T21:22:41Z
CRMLS
: Standard
2026-02-26T04:52:34Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us