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$ 2,210,000
$ 2,400,000 7.9%
Est. payment /mo
Sold on 12/16/2024
Address not disclosed Martinez, CA 94553
10,001 Sqft Lot
UPDATED:
Key Details
Sold Price $2,210,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 41071596
Sold Date 12/16/24
HOA Y/N No
Year Built 1938
Annual Tax Amount $34,468
Lot Size 10,001 Sqft
Property Description
The Mellus/Ferry Apartments located at 721 Mellus Street, Martinez, is a clean, well-located, multi-family property that has been well maintained and represents a rare opportunity to own property in one of the Bay Area's most desirable locations — Downtown Martinez. The property is minutes away from three BART stations, and walking distance to the shopping, cafes, and coffee shops in Downtown Martinez. The property is also close to Highways I-680, 24 and 4 and provides access to recreational opportunities such as Rankin Aquatic Center, Waterfront Park, Martinez Regional Shoreline, George Miller Regional Trail, Carquinez Straight Regional Shoreline, Briones Regional Park and the Martinez Marina. Martinez is also the County Seat of Contra Costa County and home to three hospitals. The two-story property features uncommon construction details that include raised foundations, low maintenance stucco exteriors, pitched, composition shingle and flat roofs, garages, individual water heaters, washer/dryer hookups and separate meters for gas and electricity. The property has well designed floor plans and a mix of easy to rent units: (8) 1BR / 1BA Townhouses of 564 s.f. +/- (1) 2BR / 1.5BA Townhouse of 678 s.f. +/- (1) Studio of 450 s.f. +/-
Location
State CA
County Contra Costa
Zoning MF
Interior
Heating Wall Furnace
Cooling See Remarks, Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater, Washer
Exterior
Roof Type Shingle
Total Parking Spaces 10
Others
Tax ID 3723630046
Financing Conventional
Listed by Shawn Willis • Income Property Services
Bought with Reed Robertson • Reed Robertson Broker
Bought with Reed Robertson • Reed Robertson Broker