3120 Pacheco Blvd, Martinez, California 94553, Martinez, 94553 - 0 bed, 0 bath
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Martinez, California 94553
This Income-Generating Triplex represents a Strong Value Opportunity, listed at $845,000 which aligns perfectly with its $845,000 Fair Market Value. Featuring a renovated 2-bedroom front house and two 1-bedroom units, the property maintains a Condition Score of 3 with granite countertops, hardwood floors, and a private deck. The inclusion of a second parcel totaling nearly 9,000 sq. ft. provides rare development potential near top-rated schools like Morello Park Elementary. This versatile asset is a premier choice for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3120 Pacheco Blvd Subject | $845,000* List Price | 0 | 0 | 1,956 | $432 | - |
A 2220 2220 S Crest Ave Active | $849,900 List Price | 0 | 0 | 1,970 | $431 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1938, the property has undergone significant renovations likely within the last 10-20 years, featuring granite countertops, tile flooring, and refinished hardwoods. The units are well-maintained, fully functional, and move-in ready for tenants.
The inclusion of two separate parcels totaling nearly 9,000 sq. ft. provides rare value, offering significant dedicated parking or the potential for future expansion and development.
This fully occupied triplex generates immediate rental income with modernized interiors, including granite countertops and hardwood floors, reducing the need for initial renovations.
The unit mix of a 2-bedroom front house and two 1-bedroom rear units is ideal for 'house hacking,' allowing an owner to live in one unit while the others subsidize the mortgage.
Originally built in 1938, the property may require higher long-term maintenance budgets for aging structural, plumbing, and electrical systems common in older multi-family buildings.
A recent price reduction from the original list price suggests the property may have faced initial challenges with valuation or buyer interest relative to its specific location.
2 LOTS FOR THE PRICE OF ONE. POSITIVE CASH FLOW. Convenient Martinez location. Triplex with paved driveway and all units are occupied. Front house is 2-bedrooms/1-bath, living room, dining area and laundry room, granite counter tops, hardwood floors. Back 2 units is 1-bedroom/1-bath and living room, kitchen has granite counter tops, tile flooring. Triplex is located on 1 lot and the 2nd lot (APN#3752430045) is currently used for tenant parking. Combined lot size for both lots is 8,929 sq. ft. Both lots to be sold together. Live in one unit and collect rent on.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.0 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 | 1,956 | - | 60% |
| Lot Size | 4,456 | 6,175 | 20% |
| Price | $845.0K | $955.0K | 40% |
| Price per sq ft | $432 | $0 | 80% |
| Built year | 1938 | 1949 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 180 | 40% |
Mar 19, 2026
$845,000
$885,000
-5% Price Drop
Initial Listing
Jan 17, 2026
$885,000
Initial Listing
Jul 29, 2011
$197,000
Public Record
May 4, 2005
$490,000
Public Record
Apr 14, 1998
$220,000
Public Record