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534 Allen St

Martinez, CA 94553

– beds
– baths
– sqft
5,500 sqft lot
1929 build
– on site

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.

Listed By CRMLS_CA / Steven Pinza / The Pinza Group, Inc

Last checked: Checking… • Last updated Mar 29, 2025 •

MLS# 41090494 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1929
Construction Materials:

See Remarks
Total Number Of Units:

4

Location

Directions:

Google Maps Cross Street: Castro St.
Latitude:

38.00940600
Longitude:

-122.13055600

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Lot Size Area:

5500.0000
Lot Size Acres:

0.1263
Lot Size SqFt:

5500.00
Lot Size Source:

Other

Listing Agent

Contact info:

The Listing

Parcel Number:

3722410036

Heating & Cooling

Heating:

1
Heating:

See Remarks
Cooling:

Yes
Cooling:

See Remarks

Parking

Parking:

Yes
Parking:

Other
Parking Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/22/25 Mar 22, 2025	Listed / Active	CRMLS_CA	$965,000	321.4% (11.8% / YR)
7/12/24 Jul 12, 2024	Listed / Active	BRIDGE
1/16/98 Jan 16, 1998		BRIDGE	$229,000

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This multifamily located in Martinez, CA 94553 is currently for sale for $965,000. 534 Allen St is a – square foot multifamily with – beds and – baths that has been on Estately for 6 days. This multifamily is in the attendance area of John Muir Elementary School, Alhambra Senior High School, and Martinez Junior High School.

Listing Courtesy of: CRMLS_CA and The Pinza Group, Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 21:52 on Mar 28.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.