$1,610,000
SOLD FEB 27, 2026

1830 Richardson St Martinez, CA 94553

6 Beds
4 Baths
3,018 Sq Ft
4,339 Sq Ft Lot Lot

Sale Details

Date Sold: February 27, 2026

$533 Per Sq Ft

10% Below List Price

93 Days on Market

About This Home

As of February 2026

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.

Last Agent to Sell the Property

Jeff Appenrodt

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

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Parking

  • Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

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

4,339 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Year Built: 1958
  • Property Sub Type: Multi Family
  • Co List Office Mls Id: LAUR
  • PictureCountPublic: 1
  • BridgeModificationTimestamp: 2026-03-02T16:47:20.739Z
  • Special Features: None
  • Stories: 0

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • 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
  • Total Actual Rent: 7294

Building Info

  • Number of Units Total: 5

Tax Info

  • Tax Tract: 0.00

Multi Family

  • Number Of Units Leased: 5
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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
02/27/2026 02/27/26 Sold $1,610,000 -10.3% $533 / Sq Ft
11/19/2025 11/19/25 For Sale $1,795,000 -- $595 / Sq Ft
Source: San Francisco Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 425088724

San Francisco Association of REALTORS®
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