$3,095,000
Active
19 Days Online
0 Beds0 Baths9,646 SQFT
Active

1230 Pine Street Martinez, CA 94553

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Extremely rare 18-unit apartment complex with four commercial spaces in Downtown Martinez, California. With frontage on both Pine Street and Susana Street, the subject property consists of four separate buildings situated on a level corner parcel of approximately 0.22 acres. Highlighted by a unit mix of ten (10) 1-bedroom, 1-bath units, eight (8) studio units and four (4) individual retail spaces with frontage on Pine Street, this well-located property has easy access to restaurants, shops, schools and public transportation. This location fits perfectly with the building unit mix of 1-bedroom and studio units. This fully stabilized asset consists of mostly long-term tenants and any vacancies are filled quickly. This well-maintained property offers investors a significant value-add opportunity to capture huge upside that could be realized by modernization of the units and increasing the under-market rents.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyContra Costa
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site19 Days
  • MLS StatusActive
  • MLS ID Number324036732
  • Home Size Source N/A
  • Year Built1927
  • Lot Size0.22 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Street
  • Parking Spaces 0
  • Sewer Public Sewer
  • Number of Stories 220
  • Acreage 0.22
  • Water Public
  • Cross Street Susanna St
  • Garage Spaces 0
  • Attached Garage No
  • Foundation Concrete PerimeterSlab

Interior Features

  • Cooling Varies by Unit
  • Heating Wall Furnace
  • Laundry Features Coin OperatedIn Common Area
  • Window Features Dual Pane Full

Exterior Features

  • Roof Flat
  • Waterfront Property No
  • Lot CornerShape Regular

Community Features

  • Association Dues 0
  • MLS Area Martinez

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Monthly Payment (Est.)

$16,523
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