Thornton AvenueNewark, CA 94560




Mortgage Calculator
Monthly Payment (Est.)
$14,326This 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
| a week ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Active | |
| 2 months ago | Price changed to $3,140,000 | |
| 7 months ago | Listing first seen on site |
This information 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. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Search Homes for Sale in Orange County & California
Guardian Capital provides up-to-date access to the local MLS, helping you find the perfect homes for sale in Orange County and active homes for sale in California. Our real estate search tool connects you directly to active market listings.
Use the map and filter options above to browse listings, save your favorites, and schedule tours. Best of all, we can pre-qualify you for financing right here, ensuring you are ready to make a competitive offer the moment you find your dream home.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.