LOCATION, LOCATION, LOCATION ... First time on the market in 23-years ... extremely well maintained 4-Plex one-block away from Martinez Kaiser and the VA-Hospital ... 6% Cap-Rate at current rents ... $81,054 estimated NOI ... $402 per square foot ... Premium location - very good condition ... Uniquely private, pathway entrance with garden and trees - you can drive by the building and not notice it = terrific privacy and charm for the Tenants ... one apartment is vacant and easy to show - nicely updated with new wood floors, along with new kitchen cabinets, countertops and appliances ... three apartments are 2-bed, 1-bath and one apartment is a 2-bed, 2-bath ... about 4-blocks to Nob Hill Foods, Starbucks, movie theater and Hwy-4 entrance.
Courtesy: United Apartment Group
925-322-1474
$800k Price Improvement-a 5.8% Current Cap; Constructed in 2014; Forty-Two (42) Total Units Including Thirty(30) 1bd/1bth and Twelve (12) 2bd/2bth Units on 1.6 Acres of Land; Amenities Include Granite Countertops, Stainless Steel Appliances, Hardwood Flooring, Recessed Lighting, In-Unit Washer and Dryers, Central A/C; Community Amenities Include Private Fitness Center, Amazon Package Locker, Private Attached and Detached Garages, Controlled Access, and More; RUBS System in Place - Greatly Minimizing Owner Expenses; Rare Opportunity: Two Assumable Life Insurance Loans w/ 35-Year Amortization, Maturing August 2050, Blended Rate of 4.65%; Email: [email protected] For More Information!
Income-Generating Triplex in Prime Martinez – 3 Units, Endless Opportunity Welcome to 2220 S Crest Ave, a cash-flowing triplex in the heart of the Mountain View neighborhood of Martinez—now with plans for ADU and a brand new roof just installed. Perfect for investors or owner-occupants, this well-located multi-unit property offers immediate income and long-term growth in a high-demand rental market. Unit Mix: Unit 1: 3 bed / 1 bath Unit 2: Studio / 1 bath Unit 3: 1 bed / 1 bath Bonus ADU (Submitted Plans): 2 bed / 2 bath – bay view potential and huge ROI upside Key Features: Brand new roof (2025) – peace of mind and reduced maintenance costs Bay views from the back of the property Large lot with off-street parking Quiet, residential neighborhood Easy access to Hwy 4 & 680, Amtrak, downtown Martinez, shopping, parks, and schools Strong rental history with opportunity to increase rents This is your chance to own a triplex with major upside—live in one, rent the others, or fully lease all units and capitalize on the future ADU. Properties like this don’t hit the market often, especially with development potential already in motion.
Martinez is located in California. Martinez, California has a population of 37,308. Martinez is less family-centric than the surrounding county with 33.52% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Martinez, California is $114,390. The median household income for the surrounding county is $110,455 compared to the national median of $69,021. The median age of people living in Martinez is 41.8 years.
The average high temperature in July is 87.9 degrees, with an average low temperature in January of 38.7 degrees. The average rainfall is approximately 18.3 inches per year, with 0 inches of snow per year.
