1230 Pine Street Martinez, CA 94553
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