2220 2220 S Crest Ave, Martinez, California 94553, Martinez, 94553 - 0 bed, 0 bath
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Martinez, California 94553
This Income-Generating Triplex serves as a strategic residential asset listed at $849,900, which aligns with its $850,244 Fair Market Value. Featuring a Fair Condition Rating, the property includes a brand-new 2025 roof and bay views from the rear. The core investment appeal is the submitted plans for a 2-bedroom ADU, offering substantial potential for forced appreciation and increased cash flow. Situated near Alhambra Senior High, this is a premier opportunity for Buy-and-Hold Investors or Owner-Occupants looking to capitalize on a high-demand rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2220 2220 S Crest Ave Subject | $849,900* List Price | 0 | 0 | 1,970 | $432 | - |
A 3120 Pacheco Blvd Active | $845,000 List Price | 0 | 0 | 1,956 | $432 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1942 triplex that fits the 'fair' criteria due to its age and dated interior state. While it boasts a brand-new roof (2025) and functional living spaces, the kitchens and bathrooms feature older cabinetry, basic white appliances, and mid-century fixtures that show their age. The presence of wall heaters and older window styles, combined with original hardwood flooring, indicates the property has been kept up through regular maintenance rather than a comprehensive modern renovation.
The property comes with submitted plans for a 2-bedroom, 2-bathroom ADU, providing a clear path to significantly increase the gross operating income and overall asset value.
A brand-new roof installed in 2025 reduces immediate capital expenditure requirements and offers long-term protection for the investment.
Located in the desirable Mountain View neighborhood with bay views and proximity to major transit hubs like Hwy 4, 680, and Amtrak, ensuring strong tenant appeal and low vacancy.
With the original structure dating back to 1942, the property may necessitate more frequent maintenance or upgrades to mechanical, electrical, and plumbing systems compared to newer builds.
All existing units are limited to a single bathroom, which may cap the maximum achievable rent, particularly for the larger three-bedroom unit.
Income-Generating Triplex in Prime Martinez – 3 Units, Endless Opportunity Welcome to 2220 S Crest Ave, a cash-flowing triplex in the heart of the Mountain View neighborhood of Martinez—now with plans for ADU and a brand new roof just installed. Perfect for investors or owner-occupants, this well-located multi-unit property offers immediate income and long-term growth in a high-demand rental market. Unit Mix: Unit 1: 3 bed / 1 bath Unit 2: Studio / 1 bath Unit 3: 1 bed / 1 bath Bonus ADU (Submitted Plans): 2 bed / 2 bath – bay view potential and huge ROI upside Key Features: Brand new roof (2025) – peace of mind and reduced maintenance costs Bay views from the back of the property Large lot with off-street parking Quiet, residential neighborhood Easy access to Hwy 4 & 680, Amtrak, downtown Martinez, shopping, parks, and schools Strong rental history with opportunity to increase rents This is your chance to own a triplex with major upside—live in one, rent the others, or fully lease all units and capitalize on the future ADU. Properties like this don’t hit the market often, especially with development potential already in motion.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.4 mi
Grades K-5 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,970 | - | 60% |
| Lot Size | 6,084 | 6,175 | 40% |
| Price | $849.9K | $955.0K | 40% |
| Price per sq ft | $431 | $0 | 80% |
| Built year | 1942 | 1949 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 180 | 20% |
Feb 20, 2026
$849,900
Initial Listing
May 4, 2017
$615,000
Public Record
Nov 18, 2005
$565,000
Public Record
May 11, 1994
$153,000
Public Record