534 Allen St | Martinez, CA 94553
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- LoopNet Team
534 Allen St
Martinez, CA 94553
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- Four Unit Property Comprised of Two 1Bed/1Bath Cottages and a Duplex With One 1Bed/1Bath and One 2Bed/1Bath Unit
- Four On-Site Garages Provide Significant Income Growth Potential, Either Through ADU Conversion or by Renting to Tenants as Additional Storage Space
- Corner Lot Offers Direct Street Access and Distinct Addresses for Two Cottages, Enhancing Privacy and Tenant Appeal
- Current Rents Positioned Over 25% Below Market, Highlighting Immense Upside Potential w/ No City Rent Control
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,700 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1929 |
| Building Class | C | Parking Ratio | 1.85/1,000 SF |
| Lot Size | 0.13 AC | ||
| Zoning | R3.5, Martinez | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 2,700 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1929 |
| Parking Ratio | 1.85/1,000 SF |
| Zoning | R3.5, Martinez |
AMENITIES
SITE AMENITIES
- Smoke Free
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 600 - 650 |
| 2+1 | 1 | - | 800 |
PROPERTY TAXES
| Parcel Number | 372-241-003-6 | Improvements Assessment | $197,980 |
| Land Assessment | $159,665 | Total Assessment | $357,645 |
PROPERTY TAXES
Parcel Number
372-241-003-6
Land Assessment
$159,665
Improvements Assessment
$197,980
Total Assessment
$357,645
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