Hanna John Azar

37228 Walnut St, Newark

$1,500,000 37228 Walnut St, Newark, Newark, CA 94560

37228 Walnut St, Newark is a 6 unit apartment building consisting of five (5) two-bedroom/one-bathroom and one (1) three-bedroom/one and half bathroom units. The property sits on an impressive 15,000 SqFt Lot.

The property had deferred maintenance, and significant upside in rental income as well as an opportunity to add accessory dwelling units.

Ismael and Hanna represented the buyer. Originally listed for $1,985,000, we were able to negotiate a significant discount for our buyer, who was able to acquire the apartment building for $1,500,000.

Key Highlights:

  • Buyer Representation

  • Negotiated a 25% off of list price.

  • Price Per SqFt- $267

  • Price Per Unit - $250,000

  • Unit Mix consists of five (5) two-bedroom/one-bathroom and one (1) three-bedroom/one and half bathroom units.
  • Sold
    Status

Features & Amenities

Area & Lot

  • Status: Sold

Financial

  • Sales Price: $1,500,000

37228 Walnut St, Newark

Work With Hanna John

During his past experiences, Hanna John has gained particularly strong knowledge and hands-on experience in maneuvering complex multi-faceted value-add investments.
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