1315 Brown St
Martinez, CA, 94553
$3,450,000
Beds
0 Baths
SqFt
0.3 Acres
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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.

Property Details

Price:
$3,450,000
MLS #:
41091815
Status:
Active
Baths:
0
Address:
1315 Brown St
Type:
Residential Income
City:
Martinez
Listed Date:
Apr 2, 2025
State:
CA
ZIP:
94553
Lot Size:
13,234 sqft / 0.30 acres (approx)
Year Built:
1935
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1315 Brown St
Martinez, CA