At our price per square foot.
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U will C being quite low we are selling AS IS
The typical Martinez home selling for a low of $430.
00 per square foot and a high over $600.
00 per square foot you can buy at $326.
00 square foot with solid paying tenants.
AND.
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add a staircase and this IS A SINGLE FAMILY HOME.
(Two 1,300 sf units 2 kitchens, 2 living roms, 3 bathrooms.
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and 8 other rooms used as bedrooms.
Income $5,350 each month.
Below is some info as to the local market and you will discover the price is well below what has sold and what is for sale.
PICTURES SHOW THE OVERALL CONDITION TENANTS WALK TO WORK AT THE LOCAL HOSPITAL.
IT IS THE LOCATION THAT REDUCES TURNOVER.
TENANTS ARE ALWAYS SOLID AND REMAIN FOR YEARS as a commute to Walnut Creek, Pleasant Hill, Concord, Danville, Orinda, Lafayette, Pittsburg, Antioch, Hercules, Pinole and even Benicia, Vallejo and Fairfield is 30 minutes or less as you are at the freeway entrance in 5 minutes.
Easy walk to Safeway and fast food.
Somewhat unique.
Zoning is commercial, present legal use as 2 units with $5,350.
00 month income.
1,300 SF lower unit may be vacant soon.
Simple Conversion to a single family home with the addition of one stair way would join 1st level with 2nd level and eliminate one bedroom.
LOCATION: Across from Alhamabra High School.
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1 Block from County Hospital.
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1 Block from bus stop.
Walking distance to Safeway and Fast Food.
1 + mile to Highway 4.
It is quite rare to purchase a property that is legally residential and legally commercial.
That makes the market value also difficult.
EACH UNIT 1,300 SQUARE FEET = 2,600 SQUARE FEET REALTOR PROVIDED ME WITH SOME COMPARABLE SALES
1425 BROWN STREET 2 UNITS SLIGHTLY SMALLER $1,000,000.
SOLD 5/2/23
604-08 SOTO STREET 2 UNITS OF 765 SQ FEET EA= 1,530 SF 50% SMALLER $820,000 SOLD 4/14/23
24 FOSTER STREET 2 UNITS OF 982 SQ FEET EACH =1,964 SF ON MARKET $849,000
164 GILBERT CT 2 UNITS OF 936 SQUARE FEET EACH =1,912 SF ON MARKET $1,089,000
OLDER SALES 2025 Berrellisa 1/2 mile north.
It is a 2 unit building, like 2739 Alhambra and Berrellisa is a main throughfare identical to Alhambra Avenue, Sold for $837,000.
It is 1,736 square feet thus smaller than the 2,600 sf of 2739 Alhambra.
It was producing $2,000 per month and 2739 Alhambra over $5,250.
00.
Our price is too low so if you want to offer of more than our asking price we will accept such and credit back your appraised value vs.
our firm price.
Other than that actual sale there is a general range of pricing on a square foot basis
MARTINEZ SINGLE FAMILY (2739 Alhambra could be one home of 2,600sf)
ARTHUR ROAD $437 SF
KATYDID COURT $411 SF
VINE AVE $537 SF
DELACY $691.
SF
E STREET $610 SF
AND CONDOS at $400 SF.
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2739 ALHAMBRA IS ZONED COMMERCIAL.
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SO THERE IS SOME RELATIONSHIP TO
3850 ALHAMBRA 800 SF AT $756 sf commercial
735 ALHAMBRA $559 SF commercial.
?? WHY U might ask are we so low??? Simple to us.
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we have used up our tax right offs and approaching 80 years young
IF INTERESTED WE WILL PUT YOU IN TOUCH WITH OUR REALTOR.
THE PRICE IS MORE THAN FIRM.
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