40 Carqueniz Scenic Dr | 40 Carquinez Scenic Dr
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40 Carqueniz Scenic Dr 40 Carquinez Scenic Dr
4 Unit Block of Flats £1,171,033 (£292,758/Unit) 5.20% Net Initial Yield Martinez, CA 94553
Executive Summary
This exceptional fourplex features four fully remodeled 2-bedroom, 1-bathroom units, each thoughtfully updated for modern comfort. One of the best locations in Martinez with Bay views from all four units, around the corner from Rankin Park, and a short walk to the core of Downtown Martinez. Highlights include a 5-year-old new roof, two-tone paint, sleek new kitchens with granite countertops and stainless steel appliances, stylish new bathrooms, upgraded flooring, and recessed LED lighting. Ceiling fans in all bedrooms, central heating, and dual-pane windows ensure year-round comfort, while fresh interior and exterior paint, new doors, and trim add to the property’s charm. Each unit boasts inside laundry and scenic views from the family room. A turnkey investment opportunity in a desirable Martinez location!
Property Facts
| Price | £1,171,033 | Apartment Style | Garden |
| Price Per Unit | £292,758 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,420 SF |
| Net Initial Yield | 5.20% | Average Occupancy | 100% |
| Gross Rent Multiplier | 13.24 | Number of Floors | 2 |
| No. Units | 4 | Year Built/Renovated | 1970/2019 |
| Property Type | Residential | Parking Ratio | 2.34/1,000 SF |
| Property Subtype | Apartment |
| Price | £1,171,033 |
| Price Per Unit | £292,758 |
| Sale Type | Investment |
| Net Initial Yield | 5.20% |
| Gross Rent Multiplier | 13.24 |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.11 AC |
| Building Size | 3,420 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built/Renovated | 1970/2019 |
| Parking Ratio | 2.34/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 855 - 1,000 |
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PROPERTY TAXES
| Parcel Number | 372-032-016-1 | Improvements Assessment | £394,731 |
| Land Assessment | £377,934 | Total Assessment | £772,666 |
PROPERTY TAXES
Parcel Number
372-032-016-1
Land Assessment
£377,934
Improvements Assessment
£394,731
Total Assessment
£772,666
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40 Carqueniz Scenic Dr | 40 Carquinez Scenic Dr
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