3120 Pacheco Blvd, Martinez, California 94553, Martinez, 94553 - bed, bath
3120 Pacheco Blvd
Martinez, California 94553
Property Price
SUMMARY
Analysis of 3120 Pacheco Blvd, Martinez, California 94553 is currently available with a list price of $885,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Martinez Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1938, this triplex has received cosmetic updates such as granite countertops, updated kitchen cabinets, and a mix of hardwood, laminate, and tile flooring, making it move-in ready. However, the appliances are older, and the overall style is not modern. Given the property's age, major systems (plumbing, electrical, HVAC) are likely original or have not been extensively renovated within the last 15 years, suggesting they are functional but outdated and may require future attention. The absence of bathroom images prevents a full assessment of those areas, but the visible updates align with a 'fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Potential
The property is a triplex with all units currently occupied, explicitly offering 'POSITIVE CASH FLOW' and immediate rental income for an investor or owner-occupant.
- Dual Lot Value
Comprising two separate lots for the price of one, with a combined size of 8,929 sq. ft., this offers significant land value, potential for future expansion, or enhanced utility.
- Ample Parking & RV Space
The second lot is dedicated to tenant parking and RV space, a highly desirable amenity for a multi-unit property, improving tenant satisfaction and property appeal.
CONSRISKS & DEFICIENCIES
- Property Age & Potential System Updates
Built in 1938, the property may have aging core infrastructure (e.g., plumbing, electrical, roof, HVAC) that could require significant capital expenditure in the near future, despite cosmetic interior updates.
- Mixed School Performance
While several schools are nearby, some elementary and middle schools in the vicinity have lower ratings (e.g., 3 and 4), which could be a concern for families prioritizing top-tier public education.
- Location on Main Thoroughfare
Located on Pacheco Blvd, a potentially busy road, the property might experience increased traffic noise or a less secluded residential ambiance compared to properties on quieter streets.
About 3120 Pacheco Blvd
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 and RV. 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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1938
- Lot Size
- 4,456 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Martinez Unified Schools
John Muir Elementary School
Grades K-5 • 1.0 mi
Morello Park Elementary School
Grades K-5 • 1.0 mi
Las Juntas Elementary School
Grades K-5 • 1.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,956 | - | 67% |
| Lot Size | 4,456 | 6,687.5 | 17% |
| Price | $885.0K | $965.0K | 33% |
| Price per sq ft | $452 | $0 | 83% |
| Built year | 1938 | 1957 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 159 | 33% |
Pricing History
Listed for Sale
Jan 17, 2026
$885,000
Initial Listing
Sold
Jul 29, 2011
$197,000
Public Record
Sold
May 4, 2005
$490,000
Public Record
Sold
Apr 14, 1998
$220,000
Public Record