Casa Adobe Apartments - 1230 Pine Street
Martinez, CA 94553
- 10 beds
- – baths
- 9,646 sqft
- 9,583 sqft lot
- $295 per sqft
- 1927 build
- – on site
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Extremely rare 18-unit apartment complex with four commercial spaces in Downtown Martinez, California. With frontage on both Pine Street and Susana Street, the subject property consists of four separate buildings situated on a level corner parcel of approximately 0.22 acres. Highlighted by a unit mix of ten (10) 1-bedroom, 1-bath units, eight (8) studio units and four (4) individual retail spaces with frontage on Pine Street, this well-located property has easy access to restaurants, shops, schools and public transportation. This location fits perfectly with the building unit mix of 1-bedroom and studio units. This fully stabilized asset consists of mostly long-term tenants and any vacancies are filled quickly. This well-maintained property offers investors a significant value-add opportunity to capture huge upside that could be realized by modernization of the units and increasing the under-market rents.
Last checked:
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Last updated Feb 11, 2025
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MLS# 324036732 —
The Building
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Year Built:1927
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Year Built Source:Assessor Agent-Fill
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Building Name:Casa Adobe Apartments
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Levels:Two
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Stories:2
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Roof:Flat
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Foundation Details:Slab
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Window Features:Double Pane Windows
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Building Area Total:9646
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Building Area Units:Square Feet
Interior
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Laundry Features:Common Area
Room Dimensions
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Living Area:9646
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Living Area Units:Square Feet
Location
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Directions:1230 Pine St, Martinez, CA
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Cross Street:Susanna St
The Property
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Parcel Number:374073010
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Property Type:Residential Income
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Property Subtype:Mixed Use
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Topography:Level
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Lot Features:Shape Regular
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Lot Size Area:9583.2
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Lot Size Acres:0.22
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Lot Size Square Feet:9583.2
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Lot Size Units:Square Feet
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:10
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
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Cooling:true
Utilities
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Gas:Separate Meter
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Electric:Separate Meter
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Sewer:Public Sewer
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Water Source:Public
The Community
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Association:false
Parking
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Garage:false
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Carport:false
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Parking Features:On Street
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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7/29/24
Jul 29, 2024
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Sold | SFMLS | $2,850,000 | |
11/20/00
Nov 20, 2000
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Sold | BRIDGE |