Martinez, CA 94553,534 Allen St
Martinez, CA 94553,534 Allen St
Martinez, CA 94553,534 Allen St
Martinez, CA 94553,534 Allen St
Martinez, CA 94553,534 Allen St
Martinez, CA 94553,534 Allen St
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$ 965,000
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$ 965,000
Est. payment | /mo
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,699 sqft

Price per Sqft $357

MLS Listing ID 41090494

HOA Y/N No

Year Built 1929

Lot Size 5,500 Sqft

Acres 0.13

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

Rooms

Basement Other

Interior

Heating Other

Cooling Other

Flooring Other

Fireplace No

Exterior

Exterior Feature Other

Utilities Available Other Water/Sewer

Building

Lot Description Other

New Construction No

Bridge MLS
Listed by Steven Pinza • The Pinza Group, Inc
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1820 Solano Ave, Berkeley, CA, 94707, USA

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534 Allen St