NOT LISTED FOR SALE
Studio
-- Bath
5,640 Sq Ft
9,583 Sq Ft Lot

Last Sold December 16, 2024

Last sale price $2,210,000 $392 Per Sq Ft

25 Days on Market

Highlights

  • 10,000 Sq Ft lot
  • Cooling Available
  • Carpet
  • No HOA
  • Garage
  • 2-minute walk to Susana Park

About This Home

As of December 2024

The Mellus/Ferry Apartments located at 721 Mellus Street, Martinez, is a clean, well-located, multi-family property that has been well maintained and represents a rare opportunity to own property in one of the Bay Area’s most desirable locations — Downtown Martinez. The property is minutes away from three BART stations, and walking distance to the shopping, cafes, and coffee shops in Downtown Martinez. The property is also close to Highways I-680, 24 and 4 and provides access to recreational opportunities such as Rankin Aquatic Center, Waterfront Park, Martinez Regional Shoreline, George Miller Regional Trail, Carquinez Straight Regional Shoreline, Briones Regional Park and the Martinez Marina. Martinez is also the County Seat of Contra Costa County and home to three hospitals. The two-story property features uncommon construction details that include raised foundations, low maintenance stucco exteriors, pitched, composition shingle and flat roofs, garages, individual water heaters, washer/dryer hookups and separate meters for gas and electricity. The property has well designed floor plans and a mix of easy to rent units: (8) 1BR / 1BA Townhouses of 564 s.f. +/- (1) 2BR / 1.5BA Townhouse of 678 s.f. +/- (1) Studio of 450 s.f. +/-

Last Agent to Sell the Property

Shawn Willis

Income Property Services License #01095619 Listed on: 08/31/2024

Last Buyer's Agent

Reed Robertson

Reed Robertson Broker License #01419224

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 10,000

Parking

  • Garage

Home Design

  • Flat Roof Shape
  • Composition Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Linoleum
  • Laminate

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Wall Furnace

Additional Features

  • Free-Standing Range
  • 10,000 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3723630046

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Year Built: 1938
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Subdivision Name: Downtown
  • Directions: Alhambra to Mellus to Ferry
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Linoleum, Carpet
  • Appliances: Free-Standing Range, Refrigerator, Washer
  • Fireplace: No
  • Window Features: Window Coverings

Exterior Features

  • Roof: Composition Shingles, Flat
  • View: None
  • Construction Type: Stucco

Utilities

  • Heating: Wall Furnace
  • Laundry Features: Dryer, In Garage, Laundry Equip - Owned, Washer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10000
  • Parcel Number: 3723630046
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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
02/04/2025 02/04/25 Off Market $2,400,000 -- --
12/16/2024 12/16/24 Sold $2,210,000 -7.9% $392 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/31/2024 08/31/24 For Sale $2,400,000 -- $426 / Sq Ft
Source: Contra Costa Association of REALTORS®

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 $32,417 $2,165,800 $1,000,000 $1,165,800
2024 $22,635 $1,393,902 $348,471 $1,045,431
2023 $22,635 $1,366,572 $341,639 $1,024,933
2022 $22,682 $1,339,778 $334,941 $1,004,837
2021 $21,838 $1,313,509 $328,374 $985,135
2019 $20,901 $1,274,551 $318,635 $955,916
2018 $20,457 $1,249,561 $312,388 $937,173
2017 $19,936 $1,225,061 $306,263 $918,798
2016 $18,667 $1,201,041 $300,258 $900,783
2015 $18,354 $1,183,001 $295,748 $887,253
2014 $16,149 $1,000,000 $249,900 $750,100
Source: Public Records

Agents Affiliated with this Home

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Source: Contra Costa Association of REALTORS®

MLS Number: 41071596

Contra Costa Association of REALTORS®
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