Martinez, CA 94553,1035 Estudillo St

$1,345,000

Est. payment /mo

$1,699,000

20.8%
Est.Price: ?

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1035 Estudillo St Martinez, CA 94553

4,038 SqFt

SOLD DATE : 11/27/2024

Key Details

Sold Price $1,345,000

Property Type Commercial

Sub Type 5 or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,038 sqft

Price per Sqft $333

MLS Listing ID 41076524

Sold Date 11/27/24

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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Bridge MLS
Listed by Charles Araujo • Brickhouse Real Estate Partner
Bought with TylerBrown
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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