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Office Building with Studio Rooms
For Sale
$1,349,000

1210 Alhambra Ave, Martinez, CA 94553

Commercial Sale, Martinez, CA

Property Size4,424 SF
Lot Size0.10 Acres
Price / SF$304.93
Days on Market43

Property Features for 1210 Alhambra Ave

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Lot features Corner Lot, Commercial, Neighborhood Commercial, Public Transport Nearby, Residential Area, Restaurant Nearby
Directions Alhambra Avenue/Henrietta..
Subdivision Listing
Standard status Active
APN 3723730010
Size 4,424 SF
Lot size 0.10 Acres

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1948
Floors in Building 1
Flooring type Vinyl, Carpet, Concrete
Building materials Stucco, Asphalt, Composition Shingles
Roof type Composition
Listing Agency: Dudum Real Estate Group
Listed By: Angela Lotman
Added: Sep 25 Changed: Oct 21 Last Checked: Nov 6 at 12:06PM
MLS# 41149499

Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

The 4,424-square-foot office building was constructed in 1948 and sits on a 0.1016-acre parcel. Its current layout includes two offices, private lobbies, eight studio rooms, a kitchenette or break room, full bathrooms, and six private parking spaces. Interior finishes include vinyl, concrete, and carpet flooring; the building has forced-air heating and central air conditioning, with public water and sewer service.

The property is a few blocks from Main Street and downtown Martinez shopping and dining, as well as the waterfront marina. Commercial zoning and the existing multi-room configuration define the property’s current use and layout.

Key Highlights

  • 4,424 square feet on a 0.1016‑acre parcel
  • Two offices with private lobbies and eight studio rooms
  • Kitchenette/break room and full bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$79,990
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,599,800 $1.6M
Cap Rate 7%
$1,142,714 $1.1M
Cap Rate 9%
$888,778 $888.8K
Market Conditions
NOI Build-Up for 4,424 SF
Gross rent
$130.1K $29.40/SF
− Vacancy
−$23.4K −$5.29/SF
EGI
$106.7K $24.11/SF
− OpEx
−$26.7K −$6.03/SF
NOI
$80.0K $18.08/SF
Area
Contra Costa County, CA
Vacancy
18.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,599,800
Cap Rate 7%
$1,142,714
Cap Rate 9%
$888,778

Alternative Uses

Best Use
Office B
$1.14M
$999.9K – $1.33M (±1% cap)
NOI $79,990 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $117,059 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Daycare Center Barber Shop Plumbing Service Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,549
Businesses Nearby

Demographics for 94553, CA

49,756
Population
19,626
Households
2.5
Avg Household Size
42
Median Age
42%
College-Educated
94%
High-School Grad
61.6 sq mi
ZIP Area
808
Density / Sq Mi
$121,023
Median Household Income
$70,337
Median Earnings
$2,247
Median Rent
$781,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Contra Costa County, CA

$318 Jul
$319 Aug
$296 Sep
$294 Oct

Properties on Market for Office buildings in Contra Costa County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercially zoned property with multiple office and studio areas, private parking, and downtown Martinez surroundings.
Where is this office building located?
The property is located at 1210 Alhambra Ave Martinez, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: 4,424 square feet on a 0.1016‑acre parcel; Two offices with private lobbies and eight studio rooms; Kitchenette/break room and full bathrooms
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