This fantastic tri-level duplex offers exceptional passive income, featuring three well-maintained units, each occupied by reliable long-term tenants. Located in a safe neighborhood with a high-performing school district, this property is ideal for both seasoned and first-time investors.The home combines craftsman-style street appeal with an oversized lot and a spacious backyard. Each unit includes its own kitchen, laundry area, and private entrance, providing convenience and privacy for tenants. Two side-yard decks and newly updated front fencing further enhance the property’s charm and functionality. With strong rental demand and quality construction, this is a high-value investment opportunity you won’t want to miss.
For sale
$1,200,000
1040 Delacy Ave, Martinez, CA 94553
5beds
3baths
2,584sqft
Est.:
Multi Family, Duplex
Built in 2007
-- sqft lot
$1,165,600 Zestimate®
$464/sqft
$-- HOA
What's special
Craftsman-style street appealSpacious backyardPrivate entranceOversized lotTwo side-yard decksLaundry area
- 23 days |
- 579 |
- 12 |
Zillow last checked: 8 hours ago
Listing updated: 20 hours ago
Listed by:
Li Hong Liang DRE #01898004 510-350-6895,
Bay Home Investments&loans,
Christina Mok DRE #02123453 415-828-7211,
Citadel Real Estate
Source: Bay East AOR,MLS#: 41117710
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- MultiUnits
Cooling
- Multi Units, Room Air
Appliances
- Included: Dryer, Washer, Gas Water Heater
Features
- Shower Stall(s), Tub w/Shower Over
- Flooring: Laminate, Tile
- Basement: Partial
- Has fireplace: Yes
Interior area
- Total structure area: 2,584
- Total interior livable area: 2,584 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Attached, Garage Faces Front, On Street, Private
- Has attached garage: Yes
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck, Patio, Balcony/Patio
- Exterior features: Storage
- Fencing: Partial Fence,Fenced,Front Yard,Full
Lot
- Size: 7,840.8 Square Feet
- Features: Rectangular Lot, Back Yard, Wooded, Front Yard, Side Yard
Details
- Parcel number: 3752840045
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
- Attached to another structure: Yes
Materials
- Stucco, Wood Siding
- Roof: Composition
Condition
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Water/Sewer Meter on Site
Community & HOA
Community
- Features: Play Area, None, Other
- Security: Carbon Monoxide Detector(s)
- Subdivision: Not Listed
HOA
- Has HOA: No
Location
- Region: Martinez
Financial & listing details
- Price per square foot: $464/sqft
- Tax assessed value: $904,148
- Annual tax amount: $11,647
- Price range: $1.2M - $1.2M
- Date on market: 11/18/2025
- Listing agreement: Excl Right
- Listing terms: Cash,Conventional,1031 Exchange,Other
- Lease term: Month To Month
- Total actual rent: 7349
- Tenant pays: Other
Estimated market value
$1,165,600
$1.11M - $1.22M
$2,514/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listed for sale | $1,200,000+40.8%$464/sqft |
Source:  Bay East AOR #41117710 Report a problem | ||
| 4/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 4/4/2023 | Listed for rent | $2,275+8.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/23/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 8/1/2022 | Listed for rent | $2,100-17.6%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,647 +4.7% | $904,148 +2% |
| 2024 | $11,121 +2.1% | $886,420 +2% |
| 2023 | $10,895 +2.3% | $869,040 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,521/mo
Principal & interest
$5941
Property taxes
$1160
Home insurance
$420
Climate risks
Neighborhood: 94553
Nearby schools
GreatSchools rating
- 7/10Morello Park Elementary SchoolGrades: K-5Distance: 0.8 mi
- 7/10Martinez Junior High SchoolGrades: 6-8Distance: 1 mi
- 8/10Alhambra Senior High SchoolGrades: 9-12Distance: 1.1 mi
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