$1,699,000
1035 Estudillo St Martinez, CA 94553
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$1,699,000
Est. payment /mo
4,038 SqFt
UPDATED:
11/11/2024 04:20 AM
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 4,038 sqft
Price per Sqft $420
MLS Listing ID 41076524
HOA Y/N No
Year Built 1951
Lot Size 10,000 Sqft
Acres 0.23
Property Description
Rare Investment Opportunity in Downtown Martinez! Live in the house and rent the other 5 units out! This multi-family property offers a strong blend of units comprised of a detached single-family home (3 bed/1 bath) and a five-unit apartment building featuring four 1 bed/1 bath apartments and one studio apartment with a projected CAP rate of 7.50%. All apartments are individually metered for utilities. Easily managed property with low maintenance and great cash-flow. Property includes four garages and ample parking. Situated on a generous 10,000 sqft. lot zoned R12, with exciting potential for ADUs or redevelopment. Prime Location in the heart of downtown with easy access to local amenities, cafe's, restaurants, shops, transportation and the Martinez waterfront. Easy access to HWY 4/24/680, train station and BART. You will not want to miss this opportunity!
Location
State CA
County Contra Costa
Area Listing
Rooms
Basement None
Interior
Heating Electric, Natural Gas, Space Heater, Wall Furnace
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Flooring Laminate
Fireplace No
Appliance Free-Standing Range, Refrigerator
Exterior
Total Parking Spaces 5
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 3723630053
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Listed by Charles Araujo • Brickhouse Real Estate Partner
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122