513 Arch Street, Martinez, California 94553, Martinez, 94553 - 2 bed, 1 bath

513 Arch Street, Martinez, California 94553 home-pic-0
ACTIVE$590,000
513 Arch Street, Martinez, California 94553
2Beds
1Bath
936Sqft
3,600Lot
Year Built
1927
Close
-
List price
$590K
Original List price
$690K
Price/Sqft
$630
HOA
-
Days on market
-
Sold On
-
MLS number
ML82019345
Home ConditionExcellent
Features
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $590.0K(18th), sqft - 936(7th), beds - 2(14th), baths - 1(21th).

*Seller Offeriing up to 3% towards Buyers Closing Cost or Rate Buy Down* Charming Martinez home, fully refreshed and move-in ready. This 2 bedroom, 1 bathroom residence offers 936 sq ft of living space on a 3,600 sq ft lot, ideally located just off Alhambra Avenue, directly across from the hospital, and within walking distance to schools, local shops, dining, and commute routes. Step inside to find a warm and inviting floor plan with thoughtful updates throughout, including modern finishes, new flooring, and a tastefully updated kitchen and bath. The manageable lot provides room for outdoor living, gardening, or low-maintenance enjoyment. Perfect as a starter home, downsize option, or investment property, this cozy residence combines comfort, convenience, and value in one of the Bay Areas most desirable pockets.

Price History

Date
Event
Price
11/21/25
Price Change
$590,000-3.1%
11/19/25
Price Change
$609,000-1.0%
10/30/25
Price Change
$615,000-2.2%
10/18/25
Price Change
$629,000-1.1%
09/28/25
Price Change
$635,999-2.9%
09/25/25
Price Change
$654,999
08/26/25
Listing
$689,999
Condition Rating
Excellent

Despite being built in 1927, the property has undergone a comprehensive and recent renovation, as explicitly stated in the description ('fully refreshed and move-in ready,' 'thoughtful updates throughout, including modern finishes, new flooring, and a tastefully updated kitchen and bath'). The images confirm a virtually new kitchen with stainless steel appliances, modern white shaker cabinets, and contemporary finishes. The bathroom is also fully updated with modern tile, fixtures, and wainscoting. New LVP/laminate flooring and carpet are present throughout, along with fresh paint and updated light fixtures, meeting current quality standards with minimal physical depreciation.
Pros & Cons

Pros

Buyer Financial Incentive: Seller offering up to 3% towards closing costs or rate buy-down, providing significant financial benefit to the buyer.
Prime Walkable Location: Excellent location directly across from the hospital and within walking distance to schools, shops, dining, and commute routes, offering exceptional convenience.
Turnkey & Modern Updates: Fully refreshed and move-in ready with thoughtful modern finishes, new flooring, and an updated kitchen and bath, minimizing immediate buyer expenses.
Versatile Market Appeal: Ideal as a starter home, downsize option, or investment property, broadening its potential buyer pool.
Charming Property in Desirable Area: A charming home situated in a desirable Bay Area pocket, enhancing its intrinsic appeal and potential for appreciation.

Cons

Compact Living Space: With 936 sq ft, 2 bedrooms, and 1 bathroom, the property offers limited living space, which may not accommodate larger families or those requiring more room.
Proximity to Hospital: Being directly across from a hospital could lead to increased noise from ambulances and traffic, potentially impacting residential tranquility for some buyers.
History of Price Reductions: Multiple significant price reductions from the original list price may indicate initial overpricing or prolonged market time, potentially raising buyer concerns about market value.

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