
Martinez, California 94553
This Value-Add Ranch-Style Residence is listed at $799,000, positioned near its $774,969 Fair Market Value. While the property carries a Functional but Aged Condition Rating, its primary value lies in the massive 14,500 sqft Corner Lot, offering rare potential for a Detached ADU or significant expansion. Located in the prime Alhambra Heights neighborhood within the Martinez school district, the home’s original 1969 interior and private patio serve as a blank canvas for modernization. This property is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build significant sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1011 Morello Ave Subject | $799,000* List Price | 3 | 2 | 1,481 | $523 | - |
A 1177 Rainbow Dr Active | $879,000 List Price | 3 | 2 | 1,524 | $577 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1969 ranch-style home that is move-in ready but significantly outdated. The kitchen retains original wood cabinetry and vintage copper-toned appliances, and the living areas feature popcorn ceilings and dated light fixtures. While the entry flooring appears updated and the home has been cared for, it requires cosmetic modernization throughout to meet current style standards, fitting the criteria for a functional but aged property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14500, living area = 1481.
The property features a massive 14,500 sqft corner lot, offering rare versatility for a detached ADU, swimming pool, or a private garden oasis.
Situated in the desirable Alhambra Heights neighborhood, the home provides excellent proximity to top-rated schools, shopping, and major commuter highways.
The home requires significant cosmetic upgrades to modernize the interior, which will necessitate additional immediate capital investment from the buyer.
Given the 1969 construction and 'original' feel, the property likely requires updates to major systems and fixtures to meet current energy and efficiency standards.
Rare Opportunity in a Prime Martinez Location! Discover the incredible potential of this well-maintained, one-story Ranch-style gem. Nestled on an expansive corner lot, this 3-bedroom, 2-bathroom home offers a solid foundation and a functional layout, waiting for your creative vision to bring it into the modern era. While the home has been lovingly cared for over the years, it is ready for cosmetic upgrades to truly shine. A classic single-level floor plan featuring three generous bedrooms and three full baths.The massive, private backyard is a blank canvas—bring your imagination! Whether you dream of a sparkling pool, a lush garden oasis, or a detached ADU for rental income or multi-generational living, this space can accommodate it all. Includes a 2-car attached garage. It is situated in a highly sought-after Martinez neighborhood, you are just minutes away from local parks, shopping, and dining. Commuters will appreciate the easy access to major highways, while families will love the proximity to top-rated local schools. Whether you are an investor looking for your next project or a savvy homebuyer wanting to build sweat equity in a fantastic area, 1011 Morello Ave is the opportunity you’ve been waiting for. Don’t miss out—schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,481 | 1,732 | 29% |
| Lot Size | 14,500 | 7,150 | 85% |
| Price | $799.0K | $850.0K | 37% |
| Price per sq ft | $540 | $493 | 67% |
| Built year | 1969 | 1967 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 152 | 1% |
Apr 17, 2026
$799,000
Initial Listing
Nov 3, 2023
$745,000
Public Record