$4,199,000

811 Brown St Martinez, CA 94553

Estimated payment $26,613/month

Total Views 2,545
21 Beds
1 Bath
11,468 Sq Ft
$366 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Double Pane Windows
  • Private Lot
  • Balcony
  • Tile Flooring

About This Home

The Colonial Apartments, a fully turn-key multifamily community located at 811 Brown Street in Martinez, CA. Originally constructed in 1964, the property features a highly desirable unit mix consisting of (6) two-bedroom / one-bath townhomes, (3) two-bedroom / one-bath flats, and (3) one-bedroom / one-bath units. Each unit offers functional layouts, modern finishes, and covered carport parking amenities that continue to attract quality tenants. Ten of the twelve units have undergone extensive renovations, including upgraded kitchen cabinetry, new appliances, and durable laminate plank flooring. These interior improvements, combined with the property's spacious floorplans, and onsite laundry, position The Colonial Apartments competitively within the local rental market and have contributed to strong historical occupancy. The Martinez multifamily market is characterized by limited inventory, low vacancy, and steady tenant demand. With minimal new construction and high barriers to entry, the market benefits from favorable supply-and-demand fundamentals that support long-term rent growth and investment stability. The next owner will acquire a well-maintained, professionally managed asset with no current vacancy, offering immediate cash flow and long-term upside potential.

Listing Agent

Isaac Merritt

ALIVE Commercial Real Estate License #02153945 Listed on: 03/30/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 15,002 Sq Ft Lot
  • Security Fence
  • Landscaped
  • Private Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 11,468 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows

Kitchen

  • Free-Standing Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Parking

  • 12 Parking Spaces
  • Carport
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 372-261-006-4

Community Details

Overview

  • No Home Owners Association
  • 12 Units

Amenities

  • Coin Laundry

Building Details

  • 12 Leased Units
  • Insurance Expense $11,496
  • Operating Expense $114,663
  • Net Operating Income $215,734

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 3
  • Year Built: 1964
  • Stories: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Free Standing Electric Oven
  • Flooring: Tile, Laminate, Vinyl
  • Price Per Square Foot: 366.15
  • Square Footage: 11468.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 4199000.00
  • Lot Features: Private, Curb(s), Landscape Front
  • New Construction: No
  • Patio And Porch Features: Balcony/Deck
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking Features: Off Street, Carport, Covered
  • Total Parking Spaces: 12.00

Utilities

  • Security: Fire Extinguisher, Security Fence
  • Sewer: Public Sewer
  • Utilities: Electric, Natural Gas Connected
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Laundry Features: Coin Operated
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Contra Costa COE

Lot Info

  • Zoning: R2.5
  • Irrigation: Public District
  • Lot Size Acres: 0.3444
  • Lot Size Sq Ft: 15002.00

Multi Family

  • Operating Expense: 114663
  • Income Includes: ["Coin Operated Equipment","Laundry","Parking"]
  • Insurance Expense: 11496
  • Number of Leased Units: 12
  • Number of Units: 12
  • Vacancy Factor: 3

Tax Info

  • Assessor Parcel Number: 372-261-006-4
  • Bonds/Assessments/Taxes Description: Other
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Contra Costa

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $52,200 $3,795,524 $1,273,449 $2,522,075
2024 $49,448 $3,721,103 $1,248,480 $2,472,623
2023 $49,448 $3,648,141 $1,224,000 $2,424,141
2022 $49,071 $3,576,609 $1,200,000 $2,376,609
2021 $6,875 $3,612,037 $1,212,432 $2,399,605
2019 $48,715 $3,607,230 $1,261,230 $2,346,000
2018 $20,010 $1,172,269 $323,377 $848,892
2017 $19,463 $1,149,285 $317,037 $832,248
2016 $18,230 $1,126,751 $310,821 $815,930
2015 $17,898 $1,109,827 $306,153 $803,674
2014 $17,485 $1,088,088 $300,156 $787,932
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2026 03/30/26 For Sale $4,199,000 0.0% $366 / Sq Ft
02/04/2025 02/04/25 Off Market $1,995 -- --
02/04/2025 02/04/25 Off Market $3,585,000 -- --
07/08/2021 07/08/21 Rented $1,995 0.0% --
06/15/2021 06/15/21 Sold $3,585,000 0.0% $313 / Sq Ft View Prior Sale
04/07/2021 04/07/21 For Rent $1,995 0.0% --
03/02/2021 03/02/21 Pending -- -- --
02/02/2021 02/02/21 Price Changed $3,599,000 +0.1% $314 / Sq Ft
01/29/2021 01/29/21 For Sale $3,595,000 -- $313 / Sq Ft
Source: MetroList

Source: MetroList

MLS Number: 226038449

MetroList
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