2437 Alhambra Ave, Martinez, California 94553, Martinez, 94553 - 2 bed, 1 bath
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Martinez, California 94553
This Charming Bungalow represents a Strong Value Opportunity, listed at $599,000—positioned well below the $555,078 Fair Market Value by -7%. While the property is currently priced above the estimated market value, its Fair Condition Rating and 1927 vintage offer significant potential for value-add improvements. Key features include a versatile basement and a lush yard with fruit trees, providing a unique lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a character-filled home with long-term renovation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2437 Alhambra Ave Subject | $599,000* List Price | 2 | 1 | 1,056 | $526 | - |
A 500 Wano St Sold | $525,000 | 2 | 1 | 1,222 | $430 | 0.1 mi |
B 1308 1308 Pine St Sold | $500,000 | 1 | 1 | 909 | $550 | 0.6 mi |
C 1370 Vine Ave Sold | $520,000 | 3 | 1 | 878 | $592 | 0.9 mi |
D 2201 Lasalle St Sold | $557,000 | 2 | 1 | 916 | $608 | 0.6 mi |
E 2555 Orange St Sold | $489,950 | 3 | 2 | 1,043 | $470 | 0.7 mi |
F 2340 2340 Yale St Sold | $540,000 | 3 | 2 | 1,272 | $425 | 0.6 mi |
G 2214 Pacheco Blvd Active | $679,900 List Price | 3 | 2 | 1,316 | $517 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1927, this home has received cosmetic updates, including a refreshed bathroom with a modern shower and vanity, newer laminate/vinyl flooring throughout the main living areas, and fresh paint. The kitchen features painted cabinets and a mix of appliances, some appearing older (refrigerator, range hood) and some more modern (built-in oven). While move-in ready and well-maintained cosmetically, the property's age suggests that major systems (plumbing, electrical, HVAC, roof) are likely older and may be outdated, even if functional, aligning with the 'Fair' category where major components show signs of being outdated and may require future attention.
Nestled near scenic trails and the historic downtown area, offering a desirable blend of tranquility and convenient access to local amenities.
The bungalow exudes a 'charming and quaint' character and warmth, appealing to buyers seeking a distinctive and inviting home.
Features a lush yard with an array of mature fruit trees (plum, apple, cherry, fig, lime), enhancing curb appeal and offering a unique lifestyle benefit.
Built in 1927, the property may require updates to plumbing, electrical, or other systems, and could have lower energy efficiency compared to newer constructions.
With only two bedrooms and one bathroom, the property's capacity may not suit larger families or those requiring more extensive private spaces.
The 1056 sqft interior is relatively small, which could be a constraint for buyers desiring more expansive living areas or future expansion possibilities.
Charming and Quaint, this delightful two-bedroom, one bath bungalow in Martinez exudes character and warmth. Nestled near scenic trails and the historic downtown area, it offers a perfect blend of tranquility and convenience. The home boasts a lush yard with an array of fruit trees, including plum, apple, cherry, fig and lime. Additionally, you will find a spa shower and a versatile basement that can easily be transformed into an art studio. This home is perfect for anyone seeking comfort and charm in a wonderful location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,056 | 1,901 |
| Lot Size | 4,050 | 6,000 |
| Price | $599.0K | $865.7K |
| Price per sq ft | $567 | $513 |
| Built year | 1927 | 1965 |
| HOA | $0 | $117 |
| Days on market | 230 | 40 |
Dec 4, 2025
$599,000
Initial Listing
Oct 26, 2022
$579,000
Public Record
Feb 8, 2007
$390,000
Public Record
Apr 14, 1999
$157,500
Public Record