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Sold for $900,000 on 04/28/25
  • $900,000

    534 Allen St, Martinez, CA 94553

    --beds
    --baths
    2,699sqft
    Quadruplex
    Built in 1929
    -- sqft lot
    $895,000 Zestimate®
    $333/sqft
    $2,671 Estimated rent

    What's special

    534-536 Allen Street in Martinez, CA, is a strategically situated four-unit property on a 5,500 SqFt corner lot, enhancing tenant privacy and access. The property's diverse mix comprises two detached 1bed/1bath cottages, each with their own direct street access and exclusive Castro St. addresses, adding a layer of convenience and appeal. Additionally, there is a duplex that includes a 1bed/1bath unit and a larger 2bed/1bath unit. The corner lot also hosts a private gated courtyard and four garages currently utilized as storage, offering significant potential for extra income through ADU conversion or as paid storage facilities. Fully occupied, the property benefits from a stable tenant base while presenting substantial rental growth opportunities, as current rents are over 25% below market rates. This setup not only ensures a steady cash flow but also positions the property for substantial growth in Martinez, a city free from local rent control.

    Zillow last checked: 7 hours ago

    Listing updated: April 29, 2025 at 08:59am

    Listed by:

    Steven Pinza DRE #01867691 510-788-6045,

    The Pinza Group, Inc

    Bought with:

    Steven Pinza, DRE #01867691

    MLSListing

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41090494MLS Logo

    Facts & features

    Interior

    Heating
    • Other
    Cooling
    • Other
    Features
    • Flooring: Other
    • Basement: Other
    Interior area
    • Total structure area: 2,699
    • Total interior livable area: 2,699 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Exterior features: Other
    Lot
    • Size: 5,662 sqft
    • Features: Other
    Details
    • Parcel number: 3722410036
    • Special conditions: Standard
    • Other equipment: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Other
    Condition
    • Year built: 1929

    Utilities & green energy

    • Utilities for property: Other Water/Sewer

    Community & neighborhood

    Location
    • Region: Martinez

    Other

    Other facts
    • Listing terms: Other
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $895,000

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $895,000