627 Richardson St | Martinez, CA 94553
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627 Richardson St
Martinez, CA 94553
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Freshly Painted & Upgraded Exterior and Two Units Delivered Vacant
- Current Rents are Roughly 30% Below Market Rate - Presenting an Opportunity for Significant Rental Upside & No City Rent Control
- Coin-Operated Laundry On-Site for Increased Rental Income, as well as a Covered Carport Boasting 1:1 Off-Street Parking
- Prime Martinez Location - Blocks from the Martinez Marina and Near Coffee Shops, Restaurants, Hospital, Schools, Parks, and Public Transportation
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 3,639 SF |
| Property Subtype | No. Stories | 2 | |
| Apartment Style | Low-Rise | Year Built | 1955 |
| Building Class | C | Parking Ratio | 3.3/1,000 SF |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,639 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 3.3/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | 606 |
PROPERTY TAXES
| Parcel Number | 373-221-009-5 | Improvements Assessment | $714,099 |
| Land Assessment | $356,374 | Total Assessment | $1,070,473 |
PROPERTY TAXES
Parcel Number
373-221-009-5
Land Assessment
$356,374
Improvements Assessment
$714,099
Total Assessment
$1,070,473
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