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Sarah Stone-Francisco

sarah@stoneluxuryhomes.com +1(530) 802-0239

$ 4,199,000

Est. payment | -/mo

11,468 SqFt

Save

$ 4,199,000

Est. payment | -/mo

Save

11,468 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,468 sqft

Price per Sqft $366

MLS Listing ID 226038449

HOA Y/N No

Year Built 1964

Lot Size 15002.000 Acres

Acres 0.3444

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

The Colonial Apartments, a fully turn-key multifamily community located at 811 Brown Street in Martinez, CA. Originally constructed in 1964, the property features a highly desirable unit mix consisting of (6) two-bedroom / one-bath townhomes, (3) two-bedroom / one-bath flats, and (3) one-bedroom / one-bath units. Each unit offers functional layouts, modern finishes, and covered carport parking amenities that continue to attract quality tenants. Ten of the twelve units have undergone extensive renovations, including upgraded kitchen cabinetry, new appliances, and durable laminate plank flooring. These interior improvements, combined with the property's spacious floorplans, and onsite laundry, position The Colonial Apartments competitively within the local rental market and have contributed to strong historical occupancy. The Martinez multifamily market is characterized by limited inventory, low vacancy, and steady tenant demand. With minimal new construction and high barriers to entry, the market benefits from favorable supply-and-demand fundamentals that support long-term rent growth and investment stability. The next owner will acquire a well-maintained, professionally managed asset with no current vacancy, offering immediate cash flow and long-term upside potential.

Location

State CA

County Contra Costa

Area Martinez

Direction Ferry and Brown St.

Rooms

Other Rooms Unit-1 Type: Apartment Approx SqFt: 1100 Bedrooms: 2 Full Baths: 1 Rent: 2335 SqFt Source: Not Measured

Interior

Heating Central

Cooling Ceiling Fan(s), Central

Flooring Tile, Laminate, Vinyl

Window Features Dual Pane Full

Appliance Dishwasher, Microwave, Free Standing Electric Oven

Laundry Coin Operated

Exterior

Parking Features Off Street, Carport, Covered

Utilities Available Electric, Natural Gas Connected

Water Access Desc Water District,Public

Roof Type Composition

Porch Balcony/Deck

Total Parking Spaces 12

Building

Lot Description Private, Curb(s), Landscape Front

Story 3

Foundation Slab

Sewer Public Sewer

Water Water District, Public

Schools

Elementary Schools Contra Costa Coe

Middle Schools Contra Costa Coe

High Schools Contra Costa Coe

School District Contra Costa

Others

Senior Community No

Tax ID 372-261-006-4

Special Listing Condition None

Listed by ALIVE Commercial Real Estate

NEARBY SCHOOLS & PROPERTIES

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(530) 802-0239

sarah@stoneluxuryhomes.com

811 Brown St Martinez, CA 94553