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 payment

Fast closing no bank approval needed

Ideal for entitlement phase, early-stage development, or land banking