Martinez, CA 94553,1315 Brown St
Martinez, CA 94553,1315 Brown St
Martinez, CA 94553,1315 Brown St
Martinez, CA 94553,1315 Brown St
Martinez, CA 94553,1315 Brown St
Martinez, CA 94553,1315 Brown St
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$ 3,450,000
Est. payment | /mo

8,426 SqFt


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$ 3,450,000
Est. payment | /mo
Save

8,426 SqFt

Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,426 sqft

Price per Sqft $409

MLS Listing ID 41091815

HOA Y/N No

Year Built 1935

Lot Size 0.304 Acres

Acres 0.3

Property Sub-Type 5 or More Units

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

Rooms

Basement None

Interior

Interior Features Storage

Heating Wall Furnace

Cooling None

Flooring Hardwood, Tile

Fireplace No

Appliance Dryer, Washer, Gas Water Heater

Exterior

Utilities Available All Public Utilities, Individual Electric Meter, Individual Gas Meter

Total Parking Spaces 1

Building

Lot Description Corner Lot

Sewer Public Sewer

New Construction No

Others

Tax ID 3741320109

Bridge MLS
Listed by Ethan Berger • NAI Northern California

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agent
Roland Osage

Agent | License ID: 02055089

+1(925) 206-9799

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1315 Brown St