$1,495,000
$1,495,000
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0.29 Acres Lot
SOLD DATE : 10/04/2024
Key Details
Sold Price $1,495,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41066288
Sold Date 10/04/24
HOA Y/N No
Year Built 1928
Lot Size 0.290 Acres
Property Description
Showing 7/13/2024 from 11am-12:30pm; 1212willowst.com; Six units comprised of one 2bd/1bth house, one 1bd/1bth cottage, and two duplexes with 1bd/1bth units. Two units delivered vacant, offering immediate upside by renovating and leasing at market rates. All units are separately metered for gas, electric, and water, ensuring low operating costs. Substantial income growth opportunity through annual rent increases and conversion of eight garage spaces into ADUs or by renting spaces to current tenants. Expansive 12,632 sqft lot provides ample off-street parking for tenants. Prime location just steps from Martinez’s vibrant downtown, offering easy access to shops, restaurants, and entertainment venues.
Location
State CA
County Contra Costa
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Exterior
Total Parking Spaces 6
Building
Water Other
Others
Tax ID 3740620145
Financing Cash
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Steven Pinza • The Pinza Group, Inc
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA