Movoto Real Estate
Sold on 04/29/2025
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534 Allen St, Martinez, CA 94553

  • $970,672

    Last sold 04/29/2025 for $900K

  • bed

  • bath

  • 2,699

    Sqft ($333/Sqft)

Multi-family not for sale
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About 534 Allen St

Property type Multi-family
Year built 1929
HOA fee $0/month
Lot size 5,500 Sqft
Movoto estimate
Rental estimate
Property description
534-536 Allen Street in Martinez, CA, is a strategically situated four-unit property on a 5,500 SqFt corner lot, enhancing tenant privacy and access. The property's diverse mix comprises two detached 1bed/1bath cottages, each with their own direct street access and exclusive Castro St. addresses, adding a layer of convenience and appeal. Additionally, there is a duplex that includes a 1bed/1bath unit and a larger 2bed/1bath unit. The corner lot also hosts a private gated courtyard and four garages currently utilized as storage, offering significant potential for extra income through ADU conversion or as paid storage facilities. Fully occupied, the property benefits from a stable tenant base while presenting substantial rental growth opportunities, as current rents are over 25% below market rates. This setup not only ensures a steady cash flow but also positions the property for substantial growth in Martinez, a city free from local rent control.
Listed by
Listing Agent - Steven Pinza
Listing Office - The Pinza Group, Inc
Source: MAXEBRDI mls logo
MLS#41090494 • last updated 1 year ago
Movoto checked MAXEBRDI for data 6 minutes ago
Overview
Cooling/AC Other
Heating Other
Type Residential Income
Status New
SubType Quadruplex
Living Area 2699
Lot Size (SqFt) 5500
Lot Size (Acres) 0.13
Year Built 1929
Interior
Flooring Other
Exterior
Roof Other
Construction Other
Parking Other
Lot Description Other
Amenities / Utilities
Other Equipment Other
Location
County Contra Costa
Directions Google Maps
$970K
Range: $873K-$1.06M
Last 30 days 
Rental est.: $1,773/month
Gross rent multiplier: 42.3
  • Apr 2025
    mls logo MLS # 41090494
  • Apr 29, 2025 Sold
    $900,000
  • Apr 15, 2025 Pending
  • Mar 22, 2025 Listed
    $965,000
  • Apr 2025
    Public Records
  • Apr 25, 2025 Sold
    $900,000 (-6.7%)
  • Jul 2024
    mls logo MLS # 41066284
  • Jul 12, 2024 Listed
    $965,000
  • 534 Allen St
    $900K
  • 94553
    $799K +1% y/y
  • Martinez
    $825K +4% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 534 Allen St
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