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.
MLS #
MR41090494
MLS Source
Bridge MLS
Appliances
Other
Flooring
Other
Cooling
Other
Heating
Other
Roof
Other
Garage/Parking
Other, Garage: Car(s)
Water
Other
Complex Amenities
Other
534 Allen St is a Residential Income in Martinez, CA 94553. This 2,699 square foot property sits on a 5,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $900,000 and was built in 1929.
This address can also be written as 534 Allen St, Martinez, CA 94553.©2025 Bridge MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bridge MLS.
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This listing information is up-to-date as of April 29, 2025. For the most current information, please contact Steven Pinza, (510) 725-4775