1035 Estudillo St Pending

Martinez,CA 94553

$ 1699000

- Bed

- Bath

4038 SqFt


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

Originating Board CONTRA COSTA

Year Built 1951

Lot Size 10,000 Sqft

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

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

Building

Lot Description Level

Water Public

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