$3,450,000

1315 Brown St, Martinez, CA 94553

  • 8,426 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $409/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

The Parkside is a true pride of ownership, turn key property. All twelve of the 1-bedroom 1-bathroom units have been completely remodeled with custom home quality finishes including 5-piece stainless steel appliance packages, soft close shaker kitchen cabinetry, new bathroom cabinetry, countertops and fixtures, new lighting throughout, dual pane windows, new exterior doors, and breaker panels. Additionally, every unit features front and rear access, individual water heater, full-sized laundry machines, wood flooring, and is individually metered for PG&E. As a result of the extensive improvements the maintenance and capital improvement costs for the new ownership will be minimal moving forward. The operating costs for the ownership are further reduced by a RUBS program that bills back the tenants for common water usage and trash service. With a history of consistent income generation performance and sustainable affordable rents that are below the 30% of the average household income for the area Parkside is an ideal multifamily investment.

Listing Status:
Pending
Date Added:
April 2, 2025 at 05:00AM
Listing Office:
NAI Northern California : 510-336-4712
Listing Agent:
Ethan Berger : 925-588-9740
MLS ID:
41091815

This listing courtesy of Ethan Berger, NAI Northern California

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Briones (Alternative)

925 Susana St, Martinez, CA, 94553

Grades KG-12

0.31 miles away

M

Martinez Junior High School

1600 Court St, Martinez, CA, 94553

Grades 6-8

0.23 miles away

B

Briones (Alternative)

925 Susana St, Martinez, CA, 94553

Grades KG-12

0.31 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.