6433 Thornton Avenue new Save Request In-Person Tour Request Virtual Tour
Newark,CA 94560
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82024594
Lot Size 0.482 Acres
Property Sub-Type Unimproved Land
Property Description
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.
Location
State CA
County Alameda
Zoning RD-H
Building
Lot Description Level
New Construction No
Schools
School District Newark (510) 794-2141