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In-PersonVirtual Tour
$ 965,000
Est. payment /mo
Open 3/23 12PM-1PM
534 Allen St Martinez, CA 94553
OPEN HOUSE
Sun Mar 23, 12:00pm - 1:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41090494
HOA Y/N No
Year Built 1929
Lot Size 5,501 Sqft
Property Sub-Type Quadruplex
Property Description
Open House Sunday 3/23 from 12pm-1pm. 534allenst.com; 534-536 Allen Street in Martinez, CA, is a strategically situated four-unit property on a 5,500 SqFt corner lot, enhancing tenant privacy and access. The property's diverse mix comprises two detached 1bed/1bath cottages, each with their own direct street access and exclusive Castro St. addresses, adding a layer of convenience and appeal. Additionally, there is a duplex that includes a 1bed/1bath unit and a larger 2bed/1bath unit. The corner lot also hosts a private gated courtyard and four garages currently utilized as storage, offering significant potential for extra income through ADU conversion or as paid storage facilities. Fully occupied, the property benefits from a stable tenant base while presenting substantial rental growth opportunities, as current rents are over 25% below market rates. This setup not only ensures a steady cash flow but also positions the property for substantial growth in Martinez, a city free from local rent control. Email agent on property website for more info.
Location
State CA
County Contra Costa
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Parking Features Other
Total Parking Spaces 4
Others
Tax ID 3722410036
Listed by Steven Pinza • The Pinza Group, Inc
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