Ignite FB Tracking Pixel534 Allen St, Martinez, CA 94553 - J. Cherne Homes & Associates
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listing
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Single FamilyFor Sale
$965,000
534 Allen St
Martinez, CA 94553
Listed by: Steven Pinza from The Pinza Group, Inc, 510-788-6045
MLS: Bay East Contra Costa (BECCAR)
2,699Sq Ft
Est. Mortgage
$5,081/mo

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.

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Information courtesy of The Pinza Group, Inc is subject to verification and is not guaranteed.
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