Comm Ri Multi-units 5+ For Sale
0.62 Acre - 1455 Arnold Drive, MARTINEZ, California 94553

Property Description
We are proud to present the Somerset apartments, a multifamily investment opportunity available for the first time ever in the heart of Contra Costa County. This is a pride of ownership property built in 1986 consists of 3 main buildings with a total of thirteen highly sought after 2 bedroom 2 bath and seventeen 2 bedroom 1 bath units. All of the spacious units feature forced air heat, enclosed outdoor space, dishwasher, disposal and covered parking stall. The property is easily accessible just off of State Highway 4 near a number of retailers, restaurants and supermarkets. Tenants enjoy property amenities that include playground, pool, on-site laundry facilitates and on-site property management.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : 40809806
Price : $8,150,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.62 Acre
Year Built : 1986
Lot Area : 1.39 Sqft
Features
Heating System : Other Heat
Cooling System : Other
Basement : Other
Roof : Other
Address Map
Country : US
State : CA
County : Contra Costa
City : MARTINEZ
Zipcode : 94553
Street : Arnold Drive
Street Number : 1455
Floor Number : 0
Longitude : W123° 54' 7.4''
Latitude : N37° 59' 33.1''
MLS Addon
Office Name : JOSEPH M. TAPIA, BROKER
Building Type : Lowrise (1-3 Flrs)
Area : Martinez
Address : 1455 Arnold Drive
Cross Street : eastgate lane
Directions to Property : btwn arnold dr & eastgate ln
LA1User Code : R01307460
LA1Agent First Name : JOSEPH
LA1Agent Last Name : TAPIA
Status Category : Sold
Tot # Parking Spaces : 16
Tot # of Units : 30
List $/SqFt : $304
Age : 32
Apx Lot Sq Ft : 60,374 Sqft
Type of Building : Apt Complex
Annual Taxes : $92,551
Total Deposits : $0
ADDTL FEATURES MISC. : Other
EQUIPMENT ADDITIONAL : Other
EXTERIOR : Other
FLOORING : Other
LOT DESCRIPTION : Other
ON-SITE PARKING DESC : Other
TENANT PAYS : Other
WATER/SEWER : Other
ENERGY SAVING FEATURE : Other
Census Tract : 00
Bus Sq Ft of Bldg : 0 Sqft
EXISTING LOAN : Other
Other Loans (Y/N) : No
1st Loan Balance : $20,250
2nd Loan Balance : $547,560
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.02%
FINANCIAL DATA SOURCE : Other
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $8,150,000
Sold Price : $8,050,000
Previous Price : $8,150,000
Sale $/SqFt : $0