1315 Brown St, Martinez, CA 94553
1315 Brown St, Martinez, CA 94553
1315 Brown St, Martinez, CA 94553
9
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Listed by Ethan Berger, DRE #01868467 • NAI Northern California
$3,450,000
Est. payment /mo
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8,426 SqFt
Active

1315 Brown St Martinez, CA 94553

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Adrian Chu

Adrian Chu

+1(206) 407-5452

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Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,426 sqft

Price per Sqft $409

MLS Listing ID MR41091815

Year Built 1935

Lot Size 0.304 Acres

Property Sub-Type Five or More Units

Source Bridge MLS

Property Description

The Parkside is a true pride of ownership, turn key property. All twelve of the 1-bedroom 1-bathroom units have been completely remodeled with custom home quality finishes including 5-piece stainless steel appliance packages, soft close shaker kitchen cabinetry, new bathroom cabinetry, countertops and fixtures, new lighting throughout, dual pane windows, new exterior doors, and breaker panels. Additionally, every unit features front and rear access, individual water heater, full-sized laundry machines, wood flooring, and is individually metered for PG&E. As a result of the extensive improvements the maintenance and capital improvement costs for the new ownership will be minimal moving forward. The operating costs for the ownership are further reduced by a RUBS program that bills back the tenants for common water usage and trash service. With a history of consistent income generation performance and sustainable affordable rents that are below the 30% of the average household income for the area Parkside is an ideal multifamily investment.

Location

State CA

County Contra Costa

Area Martinez

Interior

Heating Wall Furnace

Cooling None

Flooring Tile, Hardwood

Laundry Washer, Dryer

Exterior

Exterior Feature Stucco

Parking Features Enclosed

Garage Spaces 12.0

Roof Type Rolled Composition

Building

Sewer Sewer - Public

Water Heater - Gas

Others

Tax ID 374-132-010-9

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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1315 Brown St