$1,795,000

1830 Richardson St Martinez, CA 94553

Estimated payment $11,255/month

-- Bed
-- Bath
3,018 Sq Ft
$595 Price per Sq Ft

About This Home

Exceptionally low-maintenance 5-unit apartment building in the heart of Martinez, offering strong income, minimal operating expenses, and rare development upside. This well-kept property sits on a desirable corner at Richardson and Robinson, featuring clean, straightforward systems and a simple building layout that makes long-term ownership remarkably efficient. Included in the sale are two additional parcels measuring approximately 4,822 sq ft and 5,144 sq ft, providing significant development potentialideal for ADUs, additional units, garages, small-lot homes, or future value-add expansion (buyer to verify with the City of Martinez). The parcels enjoy excellent street frontage on a quiet residential block, giving developers and buy-and-hold investors attractive optionality. The existing 5-unit building produces steady, reliable income with very low turnover, easy management, and minimal ongoing costs. Its low-maintenance structure makes it an ideal investment for both local and out-of-area owners looking for a hassle-free asset with future upside. Centrally located near downtown Martinez, schools, parks, shopping, and major commuter routes, this property combines immediate cash flow with long-term development opportunitya rare offering in today's market.

Listing Agent

Jeff Appenrodt

Laurel Realty & Investment License #01336153 Listed on: 11/19/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Parking

  • Garage

Additional Features

  • 2-Story Property
  • 4,339 Sq Ft Lot

Community Details

  • 5 Units
  • 5 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Year Built: 1958
  • Property Sub Type: Multi Family
  • Co List Office Mls Id: LAUR
  • PictureCountPublic: 27
  • BridgeModificationTimestamp: 2025-11-20T06:33:08.700Z
  • Special Features: None
  • Stories: 0

Interior Features

  • Total Bedrooms: 5

Garage/Parking

  • Parking Features: Garage

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.0996
  • Lot Size Sq Ft: 4338.576
  • Lot Size Units: Square Feet
  • Irrigation Water Rights: No

Green Features

Rental Info

  • Existing Lease Type: Net
  • Units Furnished: None

Building Info

  • Number of Units Total: 5

Tax Info

  • Tax Tract: 0.00

Multi Family

  • Number Of Units Leased: 5

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $1,795,000 -- $595 / Sq Ft
Source: San Francisco Association of REALTORS®

Source: San Francisco Association of REALTORS®

MLS Number: 425088724

San Francisco Association of REALTORS®
California Contra Costa County Martinez 94553

1830 Richardson St, Martinez, CA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Jeff Appenrodt
Listing Agent
Jeff Appenrodt
Section Image
Laurel Realty & Investment
(925) 515-3941