$3,095,000 Price Analysis 1230 Pine StMartinez, CA 94553 Unknown bed None bath 9,646 SqFt ($320/SqFt) 9,583SqFt lot. Built 1927 Listed 2024-05-14, Taxes $29,433 | Ⓧ USDA Ineligible due to price & location near Martinez |
California. With frontage on both Pine Street and Susana St reet, the subject property consists of four separate buildings situatd 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.
Presented by Steven Level at
Berkshire Hathaway.
Property MLS #324036732 from Bareis
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $960,927 + $419,641 $1,380,568 | $29,433 |
2021 | $942,086 + $411,413 $1,353,499 | $27,704 |
2020 | $932,427 + $407,195 $1,339,622 | $26,500 |
2019 | $914,145 + $399,211 $1,313,356 | $26,329 |
2018 | $896,221 + $391,384 $1,287,605 | $25,357 |
2017 | $878,649 + $383,710 $1,262,359 | $24,548 |
2016 | $861,421 + $376,187 $1,237,608 | $23,047 |
2015 | $848,482 + $370,537 $1,219,019 | $22,545 |
2014 | $831,862 + $363,279 $1,195,141 | $22,021 |
2013 | $828,103 + $361,638 $1,189,741 | $21,413 |
2012 | $811,866 + $354,548 $1,166,414 | $20,329 |
2011 | $766,000 + $334,000 $1,111,800 | $19,121 |
2010 | $805,000 + $345,000 $1,151,760 | $19,475 |
2009 | $666,971 + $286,678 $955,409 | $17,310 |
2008 | $653,894 + $281,057 $936,551 | $16,825 |
2007 | $641,073 + $275,547 $918,220 | $16,376 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.