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933-937 Las Juntas St, Martinez, CA, 94553
Updated Downtown Triplex

933-937 Las Juntas St Martinez, CA 94553

For Sale
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Three-unit triplex in downtown Martinez with two remodeled units featuring new kitchens, baths, flooring, and in-unit washer/dryer.

Property Size1,635 SF
Price / SF$565.75
Days on Market181

Property Features for 933-937 Las Juntas St

General Information

Standard status
Active
Size
1,635 SF
Property subtype
Multifamily
Listing Agency: Berkshire Hathaway HomeServices Drysdale Properties Oakland
Listed By: Monjid Aldiyyat · License #CA 01973084
Source: Crexi
Added: Jan 23 Changed: Jul 22 Last Checked: Jul 23 at 4:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Drysdale Properties Oakland


Investment Insights

Based on property information with market context.

Welcome to 933-937 Las Juntas St, a fully updated, move-in-ready three-unit triplex in downtown Martinez. The property is tastefully maintained and turnkey for either investors or owner-users. Two of the three units have been renovated with modern updates including brand-new kitchens, new flooring, updated bathrooms, and in-unit washer and dryer, along with newly provided appliances. The exterior has also been freshly painted and enhanced with new landscaping.

Located just steps from restaurants, shops, coffee houses, and Martinez Marina, the triplex offers convenient access to major commuter routes and public transportation.

The building’s current setup provides a three-unit residential income configuration with substantial upgrades concentrated in two of the units, supporting straightforward, low-maintenance ownership.

Key Highlights

  • Three‑unit triplex in downtown Martinez at 933–937 Las Juntas Street
  • Two units remodeled with brand‑new kitchens, updated bathrooms, and new flooring
  • Renovated units include in‑unit washer and dryer plus new appliances

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $42.2k $25.80
− Vacancy −$2.2k −$1.34
EGI $40.0k $24.46
− OpEx −$12.0k −$7.34
NOI $28.0k $17.12
1,635 SF · lease $25.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$399.9K
$349.9K – $466.6K (±1% cap)
NOI $27,993 @ 7.0% cap · market cap 3.03%
Second Best
Apartment 5plus
$371.3K
$324.9K – $433.2K (±1% cap)
NOI $25,991 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$618.0K
$540.8K – $721.0K (±1% cap)
NOI $43,262 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Pharmacy Big Box & Wholesale Store Daycare Center (Bike/Boat/Book/etc) Store Barber Shop Auto Parts Store Computer & Electronic Repair Veterinary Clinic Plumbing Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three-unit triplex in downtown Martinez with two remodeled units featuring new kitchens, baths, flooring, and in-unit washer/dryer.
Where is this triplex located?
The property is located at 933-937 Las Juntas St Martinez, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Three‑unit triplex in downtown Martinez at 933–937 Las Juntas Street; Two units remodeled with brand‑new kitchens, updated bathrooms, and new flooring; Renovated units include in‑unit washer and dryer plus new appliances
More about this property
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