Michael Perry
Heritage REI Inc.
(925) 396-7392
68 Total Sales
1 in Martinez
$675,000 Price
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
Laurel Realty & Investment License #DRE #01336153 Listed on: 11/19/2025
Last Buyer's Agent
Non Member Sales
Non Multiple Participant
Michael Perry
Heritage REI Inc.
(925) 396-7392
68 Total Sales
1 in Martinez
$675,000 Price
Hector Orozco
Compass
(650) 457-6413
71 Total Sales
1 in Martinez
$625,000 Price
Laura Wucher
Christie's Intl RE Sereno
(925) 326-6626
175 Total Sales
4 in Martinez
$426K - $1.2M Price Range
Cassidy Sousa
Sousa Realty Group, Inc.
(209) 643-4406
31 Total Sales
1 in Martinez
$685,000 Price
KW
Kelly Wall
Realty Investment Solutions Inc
(925) 396-8349
97 Total Sales
1 in Martinez
$749,900 Price
Teresa Rollins
Best Home Realty
(707) 633-2645
139 Total Sales
1 in Martinez
$550,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
Seller's Agent in 2026
Jeff Appenrodt
Laurel Realty & Investment
(415) 641-1500
72 Total Sales
N
Buyer's Agent in 2026
Non Member Sales
Non Multiple Participant
Source: San Francisco Association of REALTORS®
MLS Number: 425088724
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