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Financial
Distress signals
Property profile

720 Shell Ave Martinez, CA 94553

FOR SALE
Other apartment buildings
Property ID
US09-5195575
43,929 SF 1.61 ac lot Built 2014
Last sale Dec 2021 · $6,413,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Completed in 2014, the property is a multifamily building containing 42 total residential units, comprised of 30 one-bedroom units and 12 two-bedroom units. Some units include tandem two-car garages. Unit interiors feature granite countertops, stainless steel appliances, hardwood flooring, custom baseboards, recessed lighting, and in-unit washer and dryer, with central heating and air conditioning and private bathroom(s). The property occupies approximately 1.6 acres and provides parking at a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$209k
Tax billed · 2024
Assessed value$15.61M
Assessed land$5.20M
Assessed improvement$10.40M
Effective rate1.34%

Value estimate

· Oct 2026
$5.93M
$5.33M – $6.52M
AI approach$7.92M
Submarket $/SF estimate$4.47M
NOI build-up
Gross scheduled income$1.33M
Vacancy & credit loss−$64k
Operating expenses−$571k
NOI · 4.51% cap applied$698k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$254/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$117 – $333

Cap rate analysis

How does the asset earn?
4.51%
$698k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCONTRA COSTA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency18.2
Restaurant14.8
Spa & Massage14.2

Location

720 Shell Ave Martinez, CA 94553
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1230 Pne, Martinez, CA 94553-1764 $2,850,000 Jul 2024 9,646 SF
50 Arthur, Martinez, CA 94553-2243 $5,800,000 Jul 2023 16,928 SF
486 Morello, Martinez, CA 94553-6844 $41,500,000 Mar 2022 85,090 SF
130 Fig Tree, Martinez, CA 94553-6501 $67,250,000 Nov 2021 124,886 SF
811 Brown, Martinez, CA 94553-2567 $3,585,000 Aug 2021 11,468 SF
3910 Pacheco, Martinez, CA 94553-2148 $1,011,500 May 2021 7,960 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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