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 details
Interior Features
Exterior Features
Utility & Building Info
Price History
| date | event | price | source |
|---|---|---|---|
|
08/01/2024
08/01/2024
|
Sold |
$2,850,000
|
Bay Area |
|
06/10/2024
06/10/2024
|
Contingent |
$3,095,000
|
Bay Area |
|
05/14/2024
05/14/2024
|
Active |
$3,095,000
|
Bay Area |
Market Trends
Source: Constellation1
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