1230 Pine Street
Martinez, CA 94553
- – beds
- – baths
- 9,646 sqft
- 9,583 sqft lot
- $320 per sqft
- 1927 build
- – on site
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.
Listing courtesy of BAREIS / Steven Level / Berkshire Hathaway
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Last updated May 27, 2024
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MLS# 324036732 —
Walk Score®
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Bike Score®
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/14/24
May 14, 2024
|
Listed / Active | BAREIS | $3,095,000 |