Property profile

720 Shell Ave 740 Martinez, CA 94553

OFF-MARKET
Other apartment buildings
Property ID
US09-5195575
43,929 SF 1.61 ac lot Built 2014
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

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 ratio of about 1.51 spaces per 1,000 SF. Building amenities include controlled access with video patrol, 24-hour access, door-to-door trash pickup with recycling, online services, and an elevator, along with a fitness center and features such as individually locking bedrooms and references to private garage access. The property is located in an area with high walkability and very bikeable conditions, as reflected by a WalkScore of 91 and a BikeScore of 85.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2014
Total area 43,929 SF
Lot 1.61 ac (70,175 SF)
APN 376-010-016-8
UPID US09-5195575

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

720 Shell Ave, Unit 740 Martinez, CA 94553-3281
Martinez metro Census 319002 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$7.92M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.47M
Blend (final) Blend
$5.93M

Owner & transaction history

since 2021
Last sale
$6.4M
7 recorded transactions
2021
$6.4M
2014
Price N/A
2013
Price N/A
2011
Price N/A
2011
Price N/A
2010
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 720 Shell Ave, Unit 740?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message