Reach out to Rachna Gandhi for the offering memorandum: rachna.gandhi@corcoranicon.com OR (650) 339-6818. Catalyst Commercial Partners is pleased to present 3999 Alhambra Avenue in Martinez, California, a compelling 62-room hotel-to-housing conversion opportunity strategically located near a significant concentration of veteran, county health, and social-service resources. The ±19,580 SF property sits on ±1.03 acres and is approximately 1.3 miles from the VA Martinez Hospital and 1.4 miles from the Department of Veterans Affairs, creating a unique opportunity for nonprofit organizations, supportive-housing developers, and mission-driven operators seeking housing near established veteran services. The property is particularly well positioned for supportive, veteran, affordable, or other housing conversion, featuring a secure perimeter, controllable point of access, exterior-corridor configuration, and 12 rooms already configured for kitchenettes. The property has undergone substantial recent improvements, with 50 of the 62 rooms remodeled in 2024 and the parking lot recently repaved. A large underutilized portion of the ±1.03-acre site may also provide additional potential for housing units or common-area facilities, subject to approvals. As the Contra Costa County seat, Martinez offers proximity to an established network of public agencies, healthcare providers, veteran resources, and social services. The property's location and existing configuration make it a strong candidate for organizations seeking to work with local and regional agencies on housing and community-service initiatives, subject to applicable approvals and funding availability.