1035 Estudillo St
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1035 Estudillo St
6 Unit Apartment Building $2,389,474 CAD ($398,246 CAD/Unit) Martinez, CA 94553
Investment Highlights
- 1035 Estudillo Street is a 6-unit property, downtown area of Martinez, CA.
- Each unit has ample off-street parking, and four individual garage spaces.
- Each unit is separately metered for gas, electric, and water.
- This property has mix of 5 apartment units and a standalone 3bd/1bth house. Currently 100% leased at below market rents.
- Additional income potential through additional ADU’S or further density with new high density units on property.
- Please contact if you would like to tour.
Executive Summary
Live in the house and rent the other 5 units out! Rare multi-family property offers a strong blend of units
comprised of a detached single-family home (3 bed/1 bath) and a five-unit apartment building featuring
four 1 bed/1 bath apartments and one studio apartment with a future projected CAP rate of 7.50%. All apartments
are individually metered for utilities. Easily managed property with low maintenance and great cash-flow.
Property includes four garages and ample parking. Situated on a generous 10,000 SF lot zoned R12, with
exciting potential for ADUs or redevelopment. Prime Location in the heart of downtown with easy access
to local amenities, restaurants, shops, transportation and the Martinez waterfront. Easy access to HWY
4/24/680, train station and BART. You will not want to miss this opportunity!
comprised of a detached single-family home (3 bed/1 bath) and a five-unit apartment building featuring
four 1 bed/1 bath apartments and one studio apartment with a future projected CAP rate of 7.50%. All apartments
are individually metered for utilities. Easily managed property with low maintenance and great cash-flow.
Property includes four garages and ample parking. Situated on a generous 10,000 SF lot zoned R12, with
exciting potential for ADUs or redevelopment. Prime Location in the heart of downtown with easy access
to local amenities, restaurants, shops, transportation and the Martinez waterfront. Easy access to HWY
4/24/680, train station and BART. You will not want to miss this opportunity!
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $2,389,474 CAD | Lot Size | 0.22 AC |
| Price Per Unit | $398,246 CAD | Building Size | 4,225 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 0.95/1,000 SF |
| Apartment Style | Low Rise |
| Price | $2,389,474 CAD |
| Price Per Unit | $398,246 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Lot Size | 0.22 AC |
| Building Size | 4,225 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.95/1,000 SF |
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Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 372-363-005-3 | Improvements Assessment | $173,116 CAD |
| Land Assessment | $48,329 CAD | Total Assessment | $221,445 CAD |
PROPERTY TAXES
Parcel Number
372-363-005-3
Land Assessment
$48,329 CAD
Improvements Assessment
$173,116 CAD
Total Assessment
$221,445 CAD
zoning
| Zoning Code | R12 |
| R12 |
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Zack Haller - Brickhouse Real Estate Partners
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1035 Estudillo St
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